Coin Laundry Business, is it getting worse?
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 Sep 29 2021, 08:59 PM, updated 5y ago
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#1
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Probation
2 posts Joined: Sep 2021 
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i remember last two or three year every month pop a new coin laundry shop.
But now seem keep closing down one by one, actually what happen? is it not earning anymore? Or public user no more like to use public coin laundry? |
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Sep 30 2021, 08:13 PM
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#2
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Probation
2 posts Joined: Sep 2021
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QUOTE(MUM @ Sep 29 2021, 09:03 PM) most probably too many same kind of shop chasing a limited number of people in the same neighbourhood. hmm i agree, too many competitori guess that business model has matured....  QUOTE(rootbeer @ Sep 29 2021, 09:16 PM) coin laundry actually not making money. most of them is agreement sign between shop owner and laundry machine supplier. to have profit share. i see, now i know the trickand the owner forgo rent and opt on profit sharing. once sign agreement. they will have to fulfill the partnership for years. but some really make money.. but not much if you cannot rent out your shop... why not... QUOTE(xander83 @ Sep 30 2021, 02:21 AM) Saturated business with people rather invest on their own washing machine hmm maybe not really. because using those machine is they cant afford to buy a (Big)washine machine with dryer so if every week wash a cloth (RM10) is affordable for them.Or some of people they rented room, their house got limited space to jemur all housemate baju, so they rather take to coin laundry wash and dry. easy. |
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