The Eco Laundry Room Expansion
We are currently seeking venture partners to help grow the expansion of the business. These partners would provide equity to the company, as an investment that would pay them a guaranteed return every year. This allows our venture investors an investment is a sustainable and environment friendly business.
Business Description: The future of the laundry mat is here. We were the first high-speed laundry mat in Canada and our environment friendly practices have made us a unique leader in our industry. Our utility expenses are half the industry average. We use high efficiency, energy saving machinery, but we also focus on the human factor of business and we offer many amenities. We offer free Wi-Fi, a lounge for reading or watching TV, a wheel chair accessible washroom with a baby change table and a children’s play area. We also have a David Suzuki libray book exchange. Our strengths lie in our eco-friendliness and our focus on customer satisfaction. We also hold events at our laundry mat. We have had comedy shows, bands and even an eco market. Our goal is to make the space comfortable and provide customers with amenties that no other laundry provides.
Technology: We use Continental Girbau commercial front-loading washers and dryers, which are made in Spain. Our double washers are energy star rated and the high-speed spin of our washers, top in the industry, shortens dry times considerably. A typical single top load washer uses approximately 40 gallons of water, our double front load washers use 15 gallons and our 4X front load washers use only 30 gallons of water. Our utility bills are half the industry average. Solar thermal roof mounted tubes are used to heat the water, a tremendous energy saver and marketing tool. The ability to be “green” and save our customers money is a great strength. We also feature automatic locking and unlocking doors and a security camera system that can be viewed online. Our facilities are also 100 % Bullfrog powered.
Sparkle Solutions will be supplying the machinery. They have many years of experience with coin laundy mats and offer the best products on the market. The washers are made in Spain and are ofthe highest quality and efficiency. As we already have two operating facilities, we will be using the same design and layout formula. We do all design and procurement in house as we have built two stores already.
The company is starting its 5th year of operations and has been profitable every year. We believe that as utilities continue to rise, many competitors will be closing. This trend is happening right now. The current laundrymats have great difficulty in retrofitting. We build all our facilities in empty spaces, ensuring all new fixtures and compliance with all building and construction codes.