If you have a decent amount of capital available and are in search of a trusted brand name oﬀering solid business models then consider the Maytag Commercial Laundry Franchise. In the laundry business Maytag is the renowned name everybody trusts. Franchisee opportunities are available throughout the United States and many other international locations.
The business has huge potential; there are 35,000 coin laundries across the US which generate $8 billion in sales per year. Maytag Commercial Laundry is Maytag equipped. This means you will be provided with cost saving, energy saving and water saving world class products from Maytag. Its heavy duty equipment with 5 years warranty will make your business operation reliable and long-lasting.
To become the franchisee of a Maytag Commercial Laundry you need to have liquid capital of around $100,000. Other than that the company does not charge franchisee fees.
As a Maytag Franchisee you can cash in on the brand name that everyone knows. The market you will be targeting is huge and does not show any eﬀects from the economic downturn. Even in a recession, people need to wash their clothes. Complete training for new franchisees is provided. The opportunity is SBA approved and even the third party ﬁnance assistance can be provided. After much research I took on a Maytag franchise and have made a healthy proﬁt as a result. The appealing feature is the fact you don’t have to spend a lot of time managing the business. It takes time to pay back the initial investment but once that’s done you have a nice little cash business that eﬀectively runs itself.
Things to consider – this business model is highly dependable on the location you select. Therefore, if you set up in a place where a coin laundry system is not highly sought after you will invariably fail. Also, if you target the lowest socio-economic areas that rely heavily on coin laundries you may lose proﬁts to excessive vandalism or maintenance charges. It is important to ﬁnd the right balance.
Maytag Commercial Laundry is a perfect franchise solution for people with liquid capital of at least $100,000. This can be a very proﬁtable business opportunity with the assurance of working with the market leader in the laundry business.