When researching a small business investment opportunity, the first question you want to ask is: “Is it profitable?” When it comes to the vended laundry business, the answer to that question is a resounding “yes.” In fact, according to the America Coin Laundry Association, vended laundries see an average return on investment of 20-35%* — much higher than most alternative investment opportunities. Add additional benefits such as NO Franchise Fees (ONLY Offer By VJ INTERNATIONAL GROUP in Thailand), independence, flexibility, modest start-up costs and recession resistance, and you’ll soon see that there is no business like the vended laundry business.
Currently there are around 250 vended laundries in whole Thailand and more than 5000 road side home vended washer. These together generate approximately B500 million in gross revenue annually. Thailand is the market that ready for "proper-setup" vended laundries which offer not only washing, but also drying, folding, ironing and delivery services. Clean clothes, like food and shelter, are considered a necessity of life and vended laundries provide a basic health service for millions of Thailand. Laundries thrive in periods of both growth and recession. During recessions, when home ownership decreases, the laundry market expands as more people are unable to afford to repair, replace or purchase new washers and dryers, or as they move to apartment housing with inadequate or nonexistent laundry facilities. The market size grows proportionately to the increase in population. Laundering large items for personal and business use creates a need for a vended laundry for virtually everyone. The public will always need this basic health service — people always need to wash clothes!
When it comes to both a financial and time commitment, a vended laundry has many advantages over most other types of businesses. The flexibility enjoyed by vended laundry investors allows them to customize their business around their personal lives. In fact, a recent survey reveals that one-third of current laundry owners run their stores on a part-time basis while maintaining a full-time career.