Every one of us has some kind of problems handling laundry now and then. It is the chore that has to be repeated several times a week and is time consuming and labour intensive.
If there is a neighbourhood self-service laundry that looks like this, would you drop in and get your weekly laundry done in just one hour?
There is indeed a big opportunity since there are few such laundries in Singapore.
Why invest in a coin-operated laundry?
Among many businesses, few stand to have great growth potential. Self-service Laundromat is one of the few that promises good returns and is a business that is relatively easy to manage. The benefits are:
Stable, mature and proven business. There are 27,000 coin laundries in USA, 16,000 in Japan and more than 1,000 in Taiwan
Provide service and solution to satisfy basic human necessity
No inventory, no writing off of obsolete stock
No staff and labour problem, totally self-service with no attendant
Customer provides the labour and prepay for such service
Cash business, no receivables
Can be a primary or side business
How should a coin-operated laundry look like?
This is what a modern coin laundry should be:
Clean, bright and safe
Why is this business viable in Singapore?
Any HDB household is a potential customer – there are large items such as blankets, sofa covers, curtains that cannot be washed and dried at home.
Large families where washing is a daily chore
Dual income households where time is money
Incidental customers whose home machine breaks down or home undergoing renovation
How much can I make in coin laundry business?
An average of above 30% ROI is achievable
Fast breakeven of between 2 to 2.5 years typically
Wonder Wash has the experience of operating self-service Laundromat and will provide financial analysis, detailing the investment required, operation cost, realistic revenue, pay-back and profit.
What can Wonder Wash offer you?
A well organised and tested self-service laundry system
A franchise program that give you a peace of mind
Start-up and continuous support
A brand name that gains wide acceptance for quality wash in Singapore
Every major housing estate could easily accommodate ten or more coin-operated Laundromats and that means hundreds of such outlets is possible in the next five to ten years.
Why hesitate? Join the fastest growing business now, join Wonder Wash Self-service Laundromat Franchise!