IT’S ALL ABOUT THE BOTTOM LINE
The most important element of a successful business is the bottom line. After all, that’s why most people go into business in the first place – to be profitable.
With highly competitive returns on investment, there’s no other industry like the self-service laundry industry, and there’s no one better to partner with than Speed Queen.
With a constant demand for clean laundry, nearly all laundries become successful.
In-house financing will help you to get started and maintaining consistent cash flow is easy. And because you can access the industry’s largest distributor support network, you know you’re never on your own.
The figures speak for themselves:
A NEARLY RECESSION-PROOF INDUSTRY + THE UNMATCHED SUPPORT OF THE WORLD’S INDUSTRY LEADER = PROFITABILITY
And that’s the bottom line.
BENEFITS YOU CAN RELY ON
Investing in self-service laundry offers many benefits that lead directly to self-service and occupational independence, giving time to relax. Here are five key reasons why thousands of people around the world decided that self-service laundry was the best business opportunity for them:
HIGH SUCCESS RATE
Due to self-service laundry advantages such as minimal staffing requirements, loyal customer bases and the consistent need for the service, investors can benefit from highly competitive returns.
Unlike the majority of investments, self-service laundries are not directly tied to the economy. In many cases, demand actually increases during a recession as consumers search for a convenient, affordable way of doing laundry.
Most investments force you to adjust your life to fit your business. In self-service laundry, you can adjust your business to fit your life. Your laundry could be large or small, full-time or part-time, whatever best suits your goals and lifestyle.
AN ALL-CASH BUSINESS
Customers pay for your services up front. That means you don’t have to worry about collecting debts, bounced cheques or customer non-payment. As a result, bookkeeping becomes a lot easier and profits become a lot steadier.
Today’s equipment features sophisticated controls that allow you to monitor and manage your laundry business store from almost anywhere in the world, leading to personal flexibility and maximised profitability.
PARTNER WITH Speed Queen
PARTNER WITH THE WORLD LEADER
Choosing the right business partner can be the difference between just getting by and actually getting ahead. As the largest commercial laundry company in the world, we have the resources and dedication to offer you more laundry equipment, service and support than any other provider. We’re committed to understanding your personal goals and providing you with whatever you need to reach them.
Speed Queen self-service owners have the support of a dedicated network. Our laundry experts have a remarkable understanding of the industry, market and equipment. They are exceptionally qualified to address your unique needs and provide you with education, training and whatever else you need to succeed.
SITE SELECTION AND ANALYSIS
Our knowledgeable laundry experts have researched thousands of locations inside and out, so they know what to look for. We’ll help you choose a site and assess its strengths and weaknesses. This includes evaluating building utilities, visibility, parking, adjacent businesses and the demographics of the surrounding area.
FACILITY DESIGN ASSISTANCE
Speed Queen will help you turn nearly any space into an efficient, productive laundry facility. We’ll help you choose the perfect mix of speed and efficiency from our industry-leading selection of equipment. We’ll also assist you in evaluating other necessary equipment such as folding tables, money changers and vending machines, all to help you maximise returns and increase profitability.
We can assist in the preparation of a business plan and budget that you can use to predict your monthly net income based on expenses, debt service and projected monthly revenue.
RELIABLE AND PROFITABLE EQUIPMENT
For more than a century, Speed Queen has built a legacy on providing equipment that stands up to any commercial laundry challenge. Our machines are constructed using premium materials. Each project is engineered with innovative features and controls designed to reduce costs and maximise profitability. We push each machine beyond the rigours of the commercial market in our state-of-the-art test lab to ensure years of reliable performance. Our commitment to quality is only matched by our commitment to your success. The result? The most profitable machines in the industry – bar none.
COMPETITIVE FINANCIAL SUPPORT WITH YOUR BUSINESS IN MIND
With second-to-none experience of helping investors realise their Speed Queen self-service laundry ambitions, Speed Queen Financial Services is pleased to make its range of finance solutions now available in the UK.
THE Speed Queen FINANCIAL SOLUTION
If you’re thinking of investing in a Speed Queen self-service laundry, our financing offers the following benefits:
- No deposit required – just a down payment equal to the build cost
- Fixed monthly payment for the entire term to make budgeting simple – no interest rate rises
- No large capital outflow to purchase the equipment and other ancillaries – allows you to put your cash to other uses
- Tax benefits – tax allowances/deductible*
- Bargain purchase option – you can acquire the equipment at the end of the financing term*
- No need to dip into your existing credit facility with your bank
*Subject to the tax jurisdiction in force where the transaction is made.
FOR EXISTING STORES
If you already own a self-service laundry business and are looking to upgrade it to a Speed Queen store, we can help make this a reality too. Our financial services experts can arrange funds for the upgrade of your equipment either all at once or over time. And the sooner you get your new Speed Queen equipment, the sooner you can make money!
It’s your business and Speed Queen wants to help you get up and running quickly. That’s why we’re dedicated to making fast decisions regarding your application for finance. That means typically between one day for replacement equipment financing and five days for new self-service laundry stores.
As with all important business decisions, terms and conditions do apply to obtaining finance for your Speed Queen store, as you’d expect. We can advise you of these when we discuss your enquiry or application.
To find out more or to apply for Speed Queen financial solutions, click here