SPEED QUEEN LOOKS TO MEXICO TO ATTRACT MORE INVESTORS FOR SELF-SERVICE LAUNDRY BUSINESS
The world’s leading commercial laundry equipment manufacturer – Alliance Laundry Systems – showcased at Franquicias Expo 2015 from June 18-19 in Guadalajara, Mexico to promote a new investment opportunity for Latin American entrepreneurs, which can now create their own self-service laundry business under the global ‘Speed Queen’ brand. The event generated a significant database of potential investors.
Speed Queen is America’s largest commercial laundry brand, with an established reputation for reliability in thousands of existing self-service laundry businesses around the world. It is now harnessing both its technology and experience to deliver a proven investment opportunity in selected countries throughout Latin America and Brazil. It is already showing to be a proven business performer for investors who want to be their own boss, with a network of stores appearing across the region. Two new Speed Queen branded stores are expected to open in Colombia and Mexico in the next year.
Current owners are extremely pleased with their investment. “This was my first step towards financial independence; what started as an investment alternative is now the cornerstone of my future business endeavors,” said new owner Jamie E. Ruiz H.
A self-service laundry presents a very different opportunity from ‘traditional’ franchise investments that focus on fast food or retail, as it does not involve the management of perishable goods or onerous stock issues and because the operation is self-service, and the number of staff required is minimal, which reduces the amount of time an owner needs to spend on the business. Furthermore, the amount of specialist knowledge required is also minimal, beyond having the skill to recognize an investment opportunity that delivers steady and predictable returns and that is effectively ‘recession proof’ since demand is ongoing.
Unlike other comparable investment opportunities, there are no ongoing royalties or commissions to be paid. A Speed Queen branded store will suit just about anybody looking for a business opportunity that presents strong returns and a stable cash flow, but requires limited investment in time. It may be ideal for those looking for a full-time investment opportunity – especially someone who might be looking for a career change, those with a cash sum to invest or someone considering retirement and wanting to supplement their income.
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