Laundromat Busniess Plan A

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Transcript of Laundromat Busniess Plan A

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Welcome To Innotrics International Pte Ltd (SpeedQueen)

We were established in 2007 and now we have successfully positioned ourselves as a one stop provider for automated commercial laundry for our customers. We are whole heartedly committed to help you solve all laundry matters, big and small. Throughout these years, we had built a close relationship with our customers who range from hotels, service apartments, students hostels, backpackers hotels and workers' dormitories.

Our goal is to provide a wholesome coin operated laundry solution to help business owners save thousands of dollars every year so that they can stretch their dollars.

Please drop us an email at innotrics.com.sg / [email protected] to make an appointment with us to select the best coin laundry package that is ideal for your company. Find out how you can order our fully automated coin operated washing machines and dryers at your business premises now.

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About Us

We are a Singapore based company which focuses on:

• Self service laundry

• Coin operated commercial washing machines

• Coin operated commercial dryer machines

• Being the distributor for Speed Queen Machines

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Over the years, we have gained the confidence of our customers through our excellent service and one stop integrated solution that we had provided them. To-date, our machines are placed in hotels, student hostels, back packer hotels, camp sites and workers' dormitories. We are passionate in helping business owners resolve all laundry problems so that they can focus on running their business smoothly without the fear of escalating utility bills and having to spend thousands of dollars buying expensive machines in their premises.

We are passionate in helping business owners resolve all laundry problems.

Do you know?

By using household washing machines at your premises, staff will use the washers/dryers without considering water wastage as household machines are free. Staff will not help owners to save on their utilities bills. (We have feedback from some owners that they had witnessed their staff wash only two to five pieces of clothing per wash).

This will result in high utility bills for business owners.

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Our research also shows that a household washer takes approximately 1 hour 30 minutes to wash one cycle and another 1 hour 30 minutes to dry. Taking into consideration that time is an important factor in business, our machines only require 30 minutes to wash and dry.

This is great news for business owners as we only use expensive high spin washing machines. The other advantage for our coin operated option is that staff will think twice and accumulate their clothing before washing as it involves money now. (Our statistics show that staff on an average will only wash 1 time per week.)

Our presence help many business owners resolve the problem of having to spend money to buy expensive washers/ dryer machines whose average lifespan is only 4 to 6 months. Subsequent to that, they also do not have to worry about high maintenance costs. They can in turn use the money for other uses.

Space saving is another important benefit that business owners acknowledge. We do not require more laundry room space. Our machines are fast enough to cover the washing and drying for large number of residents staying at your premises.

This had been tested on our other dormitory sites and we can handle thousands of workers.

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A good laundry set up is all it needs. A good laundry set up is all it needs.

Email us now to find out why we are well-liked by your competitors i.e. student hostels, hotels, camp sites and even dormitory owners. We would like to share our customers' experiences with you.

Email www.innotrics.com.sg / [email protected]

We are here to help you solve your laundry needs and stretch your dollar!

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Innotrics is proud of what we do for our customers. We take pride in setting up their premises for them.

Below are some examples

after

Innotrices step in to do setup

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Innotrics shall bear all costs on machines and do free replacement of commercial coin operated top loading washers and commercial coin operated dryers at owners' premises.

Innotrics assists to design your laundry room for you.

Dryer broke down within 6 months

It just don’t look clean, neat & reliable

2 Years later, innotrics Laundromat system was appreciated as the management facing too much problem with they’re setup.

Innotrics laundromat setup is much cleaner, neaterAnd more reliable for them.

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Our Products

•Coin operated commercial washing machines

•Coin operated commercial dryer machines

Wash, clean and dry at a drop of a coin!

We help business owners save water, electricity & costs.

•Our washers only require 30 minutes of cleaning and drying

•We have coin-operated mechanics to encourageaccumulation/maximisation of wash loads

•There is lower maintenance costs; longer-lasting washing lifespan

•Flexibility in placements; space-saving•Intelligently programmed to handle high loads efficiently•Ease of use with quick & effective result

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Coin operated commercial washing machine - withstand numerous washes.

Our high-spin washing machines are designed to handle substantial loads and are constructed to last and withstand numerous washes.

Besides being reliable, durable and sturdy, they are also tested, programmed with the latest technology and designed with new, built-in intelligent systems to give the most effective and efficient results.

It is easy to use and is catered to serve myriad needs in a short time, entrepreneurs should consider these washers as sound investments for their businesses.

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Coin operated commercial dryer machine - high heat kill germs.

We supply eco-friendly and energy-saving dryers to ensure that your clothes are treated with utmost care. Intricately engineered and created with programming finesse, these helpers will let you retrieve your apparels in good-as-before conditions after every wash-dry cycles.

Being operated by coins also brings convenience to operators as it allows for greater flexibility in terms of placements, amongst other benefits.

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Technical SupportWe believe in providing the best services for our customers. We strongly believe that prompt and efficient service to rectify faulty machines within a short period of time is very important for our customers. Maintenance and servicing of the laundry equipment will be fully borne by Innotrics.

To check out our rates, please email us :

innotrics.com.sg / [email protected] Maintenance and servicing

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Time is money. Act now to start saving!

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WHY INVEST IN A LAUNDROMATWhen looking for a small business investment opportunity, the first thing we probably want to know is if it is profitable. When it comes to a laundromat business, the answer to that question is a resounding "yes!" •In fact, laundromats in the WORLD see an average ROI of 20-35% much higher than most alternative investment opportunities. When considering additional benefits such as independence, flexibility, modest costs and recession resistance, there truly is no business like the laundromat business.

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A PROVEN BUSINESS MODELEvery investment has its advantages and disadvantages depending on your own personal business goals. The laundromat business is no different. But with a unique combination of stability, flexibility and profitability, laundromat investments are in a class all by themselves.

UNCOMMON BENEFITS OF A LAUNDROMAT BUSINESS INCLUDE:•High Success Rate •Impressive ROI •Recession Resistance •Adaptable to Your Lifestyle •All-Cash Business •Advanced Controls •Low Labour Costs •Tax Advantages •Stable Customer Base

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HIGH SUCCESS RATE

•NEARLY 94.5% SUCCESS RATE •Improve your chances for success through Speed Queen® Support Team.

IMPRESSIVE ROI

•Laundromat businesses in a lot of countries. average between 2035%Return on Investment.

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RECESSION RESISTANCE Because clean clothes are a necessity, laundromat success is not tied to fluctuations in the economy.

ADAPTABLE TO YOUR LIFESTYLEThe flexibility enjoyed by laundromat investors allows them to customize their business around their personal lives. One third of current laundromat investors consider their store a part-time job.

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ALL CASH BUSINESS Customers pay up front, eliminating costs and time associated with tedious accounting responsibilities.

ADVANCED CONTROLS

New, innovative equipment allows owners to maximize profitability and flexibility.

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LOW LABOUR COSTSYour customers are the labour and your machines do the work, so you won’t need to hire a large staff, meaning more money for you. In fact, 70% of laundromat investors have 0-2 employees.

TAX ADVANTAGESYou can claim equipment depreciation as a loss on your annual taxes, creating additional opportunities to retain revenue.

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STABLE CUSTOMER BASE90% of laundromat patrons become repeat customers.

HOW MUCH DO I NEED TO INVEST?

Your investment depends on many factors, including how large of a laundromat you wish to open and what percentage (if any) you plan to finance. In general, the average range of up-front investment is $30,000-$300,000.

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HOW MUCH SPACE DO I NEED? Laundromats range in size anywhere between 1,000 and 6,000 sq. ft. Depend on the space available.

HOW MANY MACHINES WILL I NEED?You can tailor your laundry business to match the size of your investment and the demographic needs of the area. The amount of equipment you will need largely depends on the size of your store. Your Speed Queen representative will assist you in choosing the ideal amount and types of machines, but in general, you will need a combination of between 3 and 100 washers and dryers.

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HOW MANY HOURS PER DAY DOES MY LAUNDROMAT BUSINESS NEED TO BE OPEN?

Your business hours are up to you. Keep in mind that the longer you are open, the more opportunity for revenue you’ll create. When you also consider that laundromats do not require large staffs, long business hours won’t require major increases in labour costs. Typical laundromat hours are from 6 a.m. to 11 p.m., with many choosing a 24-hour model.

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OPEN A LAUNDROMAT OF YOUR OWN WITHOUT BEING ON YOUR OWN.

You may not know much about laundromat investments or the laundromat business. With Speed Queen® Service Team as your guides, you don’t have to. We offer full-scale support solutions delivered by a team of dedicated laundry experts who will counsel you through every step of the process, from location selection analysis to equipment selection and beyond. It’s all the support you’d ever want in a small business investment.

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FACILITY DESIGN & EQUIPMENT SELECTION

Speed Queen Team will work with you and your contractor to design your laundromat for a premium customer experience and maximum profitability. We’ll help you choose the best equipment line-up for your needs from our broad selection of reliable, high-performance laundry machines. We’ll also help you select other necessary items for a successful laundromat, such as folding tables and change machines

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RELIABLE LAUNDROMAT EQUIPMENT

Speed Queen is the world leader in commercial laundry equipment. With a deep understanding of what customers want and what makes laundromat investors successful, we design and manufacture products that are unmatched in reliability, performance and innovation. It’s what makes Speed Queen equipment the most profitable to own in the industry.

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SPEED QUEEN : THE IDEAL RETAIL TENANT

Speed Queen is always looking for prime pieces of commercial real estate where we can place new laundromat businesses. If you are trying to find tenants for your shopping centre or other retail facility, this is your commercial real estate opportunity to fill empty space with a proven, reliable business. Speed Queen is the most profitable brand to own in the commercial laundry market and offers property owners many lucrative advantages

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WHAT WE ARE LOOKING FOR

If you think you have the ideal property for a Speed Queen laundromat, this is a great opportunity to secure a dependable, long term tenant. We're specifically looking for shopping centres with the following location criteria

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Sample Finished set up

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Sample Project Finished set up

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SAMPLE CALCULATIONRevenueWasher Base On $7 x 10 Customers, 24Hours, 30Days 2,100.00$ Drying Base On $8 x 10 Customers, 24Hours, 30Days 2,400.00$ OtherTotal Revenue 4,500.00$

ExpensesRental Depend on Location 1,500.00$ Loan Depend on percentage 500.00$ Garbage With / without

Frist 40 Cu x $1.17 50.00$ Subsequent 133.8 Cu x $1.40 200.43$

Waterborne Waterborne Fee 173.8 Lite x $0.2803 52.12$ $50 x 30% 16.05$ 200.43 x 40% 80.17

Machine Maintainance With / Without -$ Payroll 1 Staff With / Without -$ Insurance Estimated 107.00$ Total Expenses 2,851.77$

Net Profit 1,648.23$

PowerBill

The Monthly Electricity Consumption:

Power Rating (Watts) x Hours used x 30 Days 1000

3000W x 15 Hours(20Washer) x 30 Days/1000($0.2565 /kWh)

346.00$

Water

Water Conservation Tax

WaterBill