Is buying a laundromat a good investment?

NO OTHER BUSINESS LIKE LAUNDROMAT Buying a laundromat isn’t as much of a good investment as franchising a laundromat. There are many laundromat competitors therefore, it is more highly recommended in franchising using loan from one of the top laundromat. HIGHER SUCCESS RATE Get a higher chances of success rate with WashStudio® Financial Services that is incomparable to other alternative investments. 20%-60% AVERAGE ROI In about three years, laundromat business in Malaysia can go up to 60% Return On Investment and about 20% within a year. UNAFFECTIVE FROM ECONOMY If there were to be any fluctuations in the economy, it wouldn’t affect your business because clean clothes are necessities. FLEXIBLE LIFESTLYE Laundromat investors and owners can customize their schedule around their personal lives. Some considers their laundromat store as a part-time job for extra income. LESS FINANCIAL ISSUE Customers pay up-front that eliminates the cost and time in associating with tedious accounting responsibilities. ADVANCED SYSTEM CONTROLS New and innovative software system allows owners and investors to maximize profitability and flexibility. LESS LABOR COST Your machines do the work and you won’t need to hire a large amount of staff. 70% of laundromat investors and owners have about 0-2 employees only. TAX RETURN You can claim as a loss on your annual taxes with your laundromat equipment depreciation, it creates additional opportunities to retain revenue. CONSISTENT CUSTOMER BASE 90% of the laundromat customers becomes regulars if the facility is well maintained and service is good.