RIPON, Wis. - (Jan. 16, 2013) - Speed Queen®, the leading provider
of commercial laundry equipment, has created a new website for
potential investors, investinlaundromats.com, to showcase
laundromats as an under-recognized yet viable and smart business
investment. The interactive website is designed to educate people
looking for a good investment about the profitability potential of
laundromats compared to other investments, and the benefits of
partnering with Speed Queen to open one.
"Our goal for the website is to provide individuals interested
in opening a small business with all the information they need to
make an informed decision," said Dan Bowe, Speed Queen national
sales manager. "With an average return on investment up to 35
percent, investing in laundromats proves to be nearly recession
proof because the business is not strongly tied to the fluctuating
economy-clean laundry is a necessity."
The site further explains the benefits of choosing laundry over
other potential investments, including franchises. With no
franchise fee, minimal up-front costs and a notably high success
rate, laundromats outshine other opportunities. For example, Speed
Queen estimates the start-up cost associated with a laundromat is
around $300,000, where the cost associated with opening other
franchises are shown to be over $1 million.
Speed Queen also uses the new website to speak directly to
commercial real estate owners looking for new tenants. Laundromats
provide real estate owners with a proven business that creates a
destination for customers; offers a safe, clean family environment;
is typically committed to long-term lease agreements; and offers
great cross-marketing opportunities with neighboring stores.
Finally, the site provides a series of multi-media case studies
to help new investors better understand the true
rewards of owning a Speed Queen laundromat.
Website visitors and interested individuals can seek further
assistance from Speed Queen's dedicated team of laundry and
commercial real estate experts that help to promote laundromat best
practices and ensure success.
Additionally, Speed Queen's in-house finance department, Speed Queen
Financial Services, works with investors to develop customized
business and financial plans with long-term success in mind.
Laundromats who partner with Speed Queen Financial Services have a
94.5 percent success rate, making an already worthwhile laundromat
investment even more prosperous.
For more information about investing with Speed Queen
visit investinlaundromats.com or call
Media contact: Public Relations at firstname.lastname@example.org or by calling
More about Speed Queen:
Speed Queen provides laundry managers with a variety of
innovative and reliable commercial washers, dryers and laundromat
equipment. As an industry leader, Speed Queen is dedicated to
providing its market expertise to help increase efficiencies in
on-premises laundries. To accomplish this, the company offers Speed
Queen Financial Services, which provides a continuum of stable,
long-term capital solutions specifically for the laundry industry.
The brand is an entity of Ripon, Wis.-based Alliance Laundry
Systems LLC, a leading global manufacturer of commercial laundry
products and provider of services for laundromats, multi-housing
laundries and on-premises laundries. To learn more, visit http://www.speedqueen.com.