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Coin operated laundry business, Anyone has any experience?
billyboy
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May 29 2015, 11:11 AM
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Hi i'd like to recommend a place for coin-operated laundry in Pusat Bandar Rawang; - next to BSN Rawang - upstairs is a ISBA UK Rawang college hostel (with 40 students) - facing the Rawang bus terminal [with excellent frontage] let me know if there is interest to rent / jv. thanks. Next to BSN Facing Mydin / Bus Terminal This post has been edited by billyboy: May 29 2015, 11:12 AM
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KSYKS
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May 29 2015, 12:37 PM
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New Member
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QUOTE(billyboy @ May 29 2015, 12:11 PM) Hi i'd like to recommend a place for coin-operated laundry in Pusat Bandar Rawang; - next to BSN Rawang - upstairs is a ISBA UK Rawang college hostel (with 40 students) - facing the Rawang bus terminal [with excellent frontage] let me know if there is interest to rent / jv. thanks. Next to BSN Facing Mydin / Bus Terminal How you want to JV? Hehe...
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billyboy
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May 29 2015, 08:12 PM
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Up to you lah. Share of revenue?
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KSYKS
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May 29 2015, 08:58 PM
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New Member
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QUOTE(billyboy @ May 29 2015, 09:12 PM) Up to you lah. Share of revenue? Who is the owner of this shop? are you in this business too?
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billyboy
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May 30 2015, 10:43 AM
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My fren...lah... I not so rich....
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altis2881
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Jun 14 2015, 01:12 PM
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New Member
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interested to set up a new coin washing business. kindly email me the package and advantage of you. belle2881@gmail.com. tq
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darrenboy
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Jun 14 2015, 10:41 PM
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you need to do a good financial forecast and projections.
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vanguish
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Jun 15 2015, 01:13 PM
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please contact Mr Paul 016-2151382 for latest promotion and packages.
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gogocan
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Jun 15 2015, 09:13 PM
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Coin laundry market too crowded now.near my housing area got 3 self service laundries.
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SimpleGuy16
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Jun 17 2015, 04:43 PM
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Getting Started
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Hi,i am looking into this business just recently... would wana ask a few qs . 1. for a normal 6 washer and 4 dryer shop,roughly how much consumption of water & electricity for a month bill? 2. How much gas needed to keep 4 dryer running for a month? 3.Electrolux or whirpool is better ? 4.can we buy insurance for the machine in case of vandalism ? Sorry if some of my question is lebih as i'm still new towards this industry
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topearn
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Jun 17 2015, 05:38 PM
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I've seen 2 such shops doing this biz and biz is not good....both have over 10 machines and only 1-2 being used most of the time.
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ericlaiys
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Jun 17 2015, 09:16 PM
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QUOTE(gogocan @ Jun 15 2015, 09:13 PM) Coin laundry market too crowded now.near my housing area got 3 self service laundries. True also. My area also got 3. It is overkill market. (supply is higher than demand)
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SimpleGuy16
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Jun 28 2015, 09:29 AM
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Getting Started
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QUOTE(vanguish @ Mar 7 2014, 03:05 AM) Laundrybar: 1. Desa aman puri, Kepong 2. Metro Prima, Kepong 3. Ampang Jaya 4. Taman Cahaya 2 5. Sek 8, Kota damansara 6. Damansara Pelangi 7. Sri Penaga, Bandar Seri Pemaisuri 8. Ukay Perdana 9. Pandan Perdana 10. Melinium square 11. Taman Equine, Seri Kembangan 12. Puncak Jalil 13. Aman Suria 14. Taman Medan Pjs 2 15. Medan Jaya, Desa Park City 16. Damansara Damai 17. Mutiara Damansara 18. Cova Damansara 19. Puteri Court, Ampang 20. Subang Bestari 21. Taman Bukit Kinrara 22. Sek9 23. Sek 24 24. Ttdi Jaya 25. Taman Sentosa 26. Sek 19 27. Goodyear court 9 Subang Jaya 28. Subang Jaya USJ1 29. Desa Pandan 30. Seri Sinar, Kepong 31. Jalan Jubli Perak, Sek 22 There is no financial package at the moment. The basic setup for machine (6 washer + 4 dryers), complete renovation and branding/marketing is RM 250k on average. Hi.kindly PM me more info on the business and costing to start up...
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sherxez
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Jun 28 2015, 12:01 PM
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Getting Started
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is it possible for me to start the coin operated laundry around 100k?
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Sunny zombie
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Jun 28 2015, 01:25 PM
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QUOTE(sherxez @ Jun 28 2015, 12:01 PM) is it possible for me to start the coin operated laundry around 100k? Get a partner with you
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Sunny zombie
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Jun 28 2015, 01:25 PM
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QUOTE(sherxez @ Jun 28 2015, 12:01 PM) is it possible for me to start the coin operated laundry around 100k? Get a partner with you
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JanC
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Jul 7 2015, 12:53 PM
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New Member
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hi im interested to start coin operated laundry business. please pm your details and also if there's financing option to start the business. thanks.
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Unomi
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Jul 9 2015, 12:50 PM
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QUOTE(topearn @ Jun 17 2015, 05:38 PM) I've seen 2 such shops doing this biz and biz is not good....both have over 10 machines and only 1-2 being used most of the time. Mind sharing where is the location?
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omnigunk
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Sep 27 2015, 11:48 PM
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New Member
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I'm running a few coin operated (more like token) operated laundry. From my experience, its a very good business but heavily depending on your location and key success factors. The income is very stable but you need persistence. My oldest one is approaching 4 years(runs on old 50 sen coins) but easily making profits month after month. Here's some pointers to be successful in this business: 1. Shop location (facing main road, strategic location) 2. Target market population density 3. Target market should be in an area of mid-low income earners 4. Provide convenience to customers; i.e. free detergent and softener. Some provide folding and drop off services. These can be outsourced easily to housewives staying nearby. 5. Large machines and dryers 6. Brightly lit and preferably next to 24 hours outlets 7. Rent out some of the space to vending machines such as massage chairs or can/water/games vending machines to reduce rental 8. Clean shop (again can be outsourced easily) 9. Token based machines (self-explanatory as token has no monetary value; much safer than coins)
For those who wants more exposure on this industry you can PM me and I can help. Also, I'm thinking of letting go one of my newest outlet at a reduced price for those who may be interested and it checks all the boxes mentioned above.
All in all, this business can be very fulfilling but needs persistence and willpower. Though the business can be left unattended for a long time (1-2 weeks) at a time, it still requires some of your valuable time, please don't enter into the trap that this business can be neglected by the owner.
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omnigunk
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Sep 28 2015, 02:40 PM
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New Member
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Just to share an article: Self-service launderettes are seeing a resurgence in Klang Valley:http://m.thestar.com.my/story.aspx?hl=Self...7E3FFA396942%7D
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