Reasons to Start a Smart Laundry Business Instead of a Coin Laundry Business

To the ordinary person, operating a laundry business looks pretty straightforward: You take in dirty laundry and churn out freshly cleaned laundry. Reality check: it takes a whole lot more than laundered clothes to really thrive. Laundromat business has been proven to generate potentially high return, plus tertiary skills are not required to get started. In Malaysia, both coin laundry and smart laundry outlets are booming because of increased demand and the fact that they are non-seasonal business. Are you a budding laundry entrepreneur? Let us convince you why smart laundry business is viable.

1) Zero Inventory & Staffing

Yup, you read it right. You don’t need a brick-and-mortar outlet like traditional laundry shops to run your smart laundry business. All you need is a strategic location to place your smart laundry lockers. High-traffic areas such as shopping malls, office buildings, and high-rise residences are your best bets. Moreover, the operations from laundry pickups and drop-offs to payment transactions are managed by the licensor, so you don’t have to fret about inventory and staffing.

2) Potential Multiple Revenue Streams

Smart lockers are capable of providing more than just 24/7 laundry services. They are bound to revolutionise both first and last mile delivery experience. Thanks to the 24-hour accessibility, consumers will be able to collect and also send out parcels from the smart lockers at their convenience. Missed deliveries will soon be a thing of the past. In addition, the lockers can be diversified into personal storage service and advertising space to increase revenue.

3) Technology-Enabled

Smart laundry business utilises reliable patented software technology and secure locker design to operate the laundry lockers. Accompanied by a proprietary mobile app, users are able to place orders, unlock their assigned lockers, make cashless payments, and view their laundry status effortlessly. The hassle-free locker network system is created with convenience in mind for laundry entrepreneurs and consumers.

4) Steady Cash Flow Generation

Laundry lockers offer great long-term investment returns with minimum capital investment. Smart laundry business doesn’t bank on the latest trends or weather, so you don’t have to worry about the dreaded off-season slump. The demand for laundry services will always be there to cater to busy people who are caught up in the hectic pace of today’s modern life. As long as you deliver excellent laundry services and your smart lockers are well-maintained, consumers will keep coming back with their dirty laundry.

Laundry lockers are innovation that could possibly improve our everyday lives in more ways than one. Why not give it a spin? This is a pressing decision, but it is yours to make.