With the worst of the Covid-19 pandemic behind us, Malaysia is ready to get back on its feet. The rapid economic boom in recent months is a good sign that our country is on the road to recovery. It is also a good time to capitalise on the positive economic sentiments and invest in your own business. Not sure where to start? Consider these 5 reasons to invest in a coin laundry business:
- Laundry is a basic necessity
Everyone needs clean clothes, but not everyone owns a washing machine due to living space or financial constraints. This spells big potential for laundry businesses in many under-served markets. These markets are urban areas with high population concentration such as high-rise residences.
- Recession-resistant business
The need for laundry services does not decrease even in bad times. In fact, coin laundries offer a more affordable option to do laundry during challenging economic times. This is true for students, single working adults and even young families who are just starting out in life. This translates to attractive and steady growth for laundry owners.
- Minimal labour requirement
Most coin laundries can operate without any staff because it is a self-service model. All you need is good quality and high- performance commercial laundry equipment that are easy to operate and durable. Coin vended machines make it easy to collect payment without a cashier. This makes the business easier to manage. You can even do it on a part time basis.
- Fixed cost investment
Without the staff requirement, there is no need to invest in staff training. The variable costs of operating a coin laundry are essentially utilities and laundry supplies. This is very minimal compared to other businesses. The initial investment involves setting up the shop and purchasing the laundry equipment. After all, it’s all about revenue generation.
- Expert laundry partner
As Asia’s number 1 coin laundry distributor, PLE Laundry Equipment Sdn. Bhd. (PLE) is passionate about helping entrepreneurs who wants to start their own coin laundry business. PLE is a licenced distributor of Huebsch commercial laundry equipment from world leading US laundry equipment company, Alliance Laundry Systems. PLE is well-equipped with decades of laundry industry expertise and experience to support aspiring entrepreneurs.
At PLE, we provide cutting-edge Huebsch laundry equipment that serves all your commercial laundry needs. We also offer expert repair and maintenance services using genuine machine parts to ensure high performance and durability of your Huebsch machines. Contact PLE Laundry Equipment Sdn. Bhd. at 016-262 2965 or 03-5633 6405 to get started today.
