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Laundry is a simple and profitable investment...
Laundry lounge
Laundry Lounge design self-service laundry, equipped with a new generation of sophisticated devices with low consumption of water and energy is the latest global trend.
In such laundrettes, unlike the existing dry cleaners and laundry, people feel more comfortable and their laundry is washed better and faster, which is a new approach to the traditional concept of laundry.
Except comfortable interiors, in the LG Laundry Lounge self-service laundry is available free internet and television, coffee and juice because the goal is to create a home atmosphere.
The advantage of this franchise model is the fact that the recipient of the franchise does not pay entry fee because they are already included in the purchase of necessary equipment.
Franchisee, needs to find a space of at least 30 square meters in high quality location with sufficient electrical connections or gas.
The franchisor provides the necessary equipment and assistance in business planning, choosing the location, furnishing, maintenance of machines and provides even marketing and sales support.
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Location selection
Locations suitable for Laundry Lounge facilities are highly frequented locations. For example:
- city centre
- stations
- markets
- specific locations (eg seasonal locations, student homes, hostels)
The size of the business space is not strictly defined, but the lower limit should be 30m2.
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Visual identity
The visual identity of the Laundry Lounge is strictly defined. Logo, name, colors, and the design of the shop are protected by the franchisor. As part of the franchise, LG book of standards is also available.
Total investment assessment
The franchisee does not pay a regular franchise fee - it is only the obligation to use LG professional washers and dryers.
The amount of investment depends on the chosen equipment. Here are two examples:
SELF-SERVICE LAUNDRY CONSISTS OF 4 WASHERS, 4 DRYERS, ELECTRONIC COIN AND MONEY CHANGER
Total investment of about 20.000 EUR (machinery and equipment prices - cca 16.000 EUR, space arrangement - approx. 4.000 EUR)
OPL LAUNDRY WITH 2 WASHERS, 2 DRYERS, IRONER AND IRONING TABLE
The total investment is approximately 12.000 EUR (machines 10.000 EUR and space arrangement about 2.000 EUR).
To start your business you need some initial funding to ensure your business liquidity.
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