Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
An opportunity to take over turnkey, low-maintenance self-service laundromat in the vicinity of Ang Mo Kio. Equipped with a top-of-the-line Speed Queen Quantum system, manufactured in 2025 with cloud app control and cashless payments. Combined with steady HDB foot traffic and minimal day-to-day management.
What’s included
Washers: 1 x 5kg, 2 x 16kg, 2 x 20kg
Dryers: 4 x 14kg
Equipment: Speed Queen Quantum series commercial machines, built for heavy daily use. Only about 1 year old, with cloud app control for programming and pricing.
Payments: Coin-operated and digital payment via the Speed Queen app
Business transfer: Registered business name, Google Maps listing and location fully set up
Established regular customer base in the neighbourhood
Multiple income streams: laundry (coin and app), vending machine and a Shopee drop box that brings in more foot traffic.
Location advantage
Located at the sweet spot between HDB blocks and private residences
Close to the Lentor developments, with Lentor Modern already TOP and more launches coming up
Competitive edge: modern Speed Queen machines with cashless app payments, against an older outlet 3 blocks away.
Growth potential
A proven, scalable system: the cloud-controlled Speed Queen setup runs with minimal manning and can be replicated or expanded. The growing Lentor condo population is a ready customer base the next owner can capture through promotions and local marketing.
Handover support: owner will assist with a 1-month transition to ensure a smooth takeover.
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