Save5 Laundromat

Bypinoyentre

May 15, 2018

Save5 LaundromatSave5 Laundromat is a fast growing chain of self service laundry centers in the Philippines. Save5 Laundromat has utilized a revolutionary laundry concept in providing a totally new, bright and modern feel good environment, allowing customers to save MONEY, TIME, SPACE, WATER and ELECTRICITY with the use of our highly efficient and durable Commercial Washers and Dryers. Our desire to help in your daily lives is our #1 priority. We hope that we will be able to uplift your lives in the modern way of living.

Our Advantage

Save5 Laundromat give our customers the great opportunity to save on 5 things

  • Water – Our US-made washers uses water very efficiently, saving you from water wastage at home.
  • Electricity -Home based washer and dryers uses tons of electricity, increasing your electric bills.
  • Space – No more need for bulky washing machine and expensive dryers.
  • Money – At 65 pesos per load or 8 kilos, that is roughly 8 pesos per kilo compared to full-service laundromats that charges up to 50 pesos per kilo.
  • Time – With four or more loads, you would typically finish that in 4 hours at home. But with our readily available washers and dryers, you can finish in just 1 hour.

Services:

Professional Dry-cleaning
We care for your precious garments, we know you made a substantial investment on your quality wardrobe. We not only clean them with care but we also make sure that we maintain and preserve the quality of your valued clothes. We provide professional and affordable Dry Cleaning services in all branches.

Industrial Laundry
When it comes to huge and demanding volumes, we are very capable to meet your demands. We have Industrial washers and dryers to meet any challenge. We promise professional level of service in every task at hand.

Pick-up and Delivery
We value your precious time. That’s why we offer pick-up and delivery services on selected branches

How to franchise Save5 Laundromat:

Total Franchise Investment: Php1.85 Million to Php2.2 Million (estimated)

  • Franchise Fee of Php118,000.00 (Inclusive)
  • Typical Outlet of 30-60 sqm.

Franchise Investment Inclusion:

  • Use of Licensed Trademark, Name and Logo
  • Site Selection and Evaluation Assistance
  • Architectural/Store Design and Construction Assistance
  • Pre-opening and Start-up Assistance
  • Comprehensive Franchise Operations Manual
  • Training on Management, Operations and Customer Service
  • Initial Inventory and Supplies
  • Grand Opening and Local Store Marketing Assistance
  • Total Support Package given to Franchisees to be able to Open and Run your store Smoothly and Profitably.

Royalty Fee: 5% of Gross Sales

Advertising Fee and Systemwide Fees

  • Franchisees are required to spend 1% of gross sales monthly for Local Advertising and Promotion. Franchisees also give a Systemwide contribution of 1% of gross sales to corporate advertising and development fund to be used for newspaper, billboards, radio and TV advertising, and social media promotions.

Franchise Term: 5 years, renewable to 2 additional terms of 5 years each for a total of 10 years.

Contact Details of Save5 Laundromat:

Unit 4, 267 UE Tech, University Hills Subd.,
Caloocan City, Philippines
Tel. No.: (02) 8876-9068
Mobile: (0955)791-2573
Email: [email protected]
Website: www.save5ph.com
Facebook Page (This link will open on a new window)

Basics of Franchising Save5 Laundromat

Franchising benefits

Franchisees gain access to a proven business model, established brand reputation, and ongoing support from Save5 Laundromat, reducing the risks associated with starting a new business. They benefit from collective advertising and marketing efforts conducted by the franchisor, which can result in increased customer traffic and sales. Franchisees also have the opportunity to tap into the training and operational resources provided by the franchisor, enhancing their chances of success and profitability. Below are just a few pointers why franchising Save5 Laundromat is beneficial for the inverstors:

High success rate due to its business model rather than starting from scratch.

Franchising Save5 Laundromat offers the advantage of tapping into an established reputation and customer base, which can significantly reduce the time and effort required to build brand recognition. Additionally, franchisors typically provide comprehensive training, ongoing support, and proven business models, mitigating many of the risks associated with starting a new venture.

Franchisees benefit from economies of scale in purchasing, marketing, and operational support, which can lead to cost efficiencies and improved profitability.

Overall, franchising offers a structured pathway to entrepreneurship with a higher likelihood of success compared to launching a new brand independently.

Save5 Laundromat is a recognized brand or trademark that can bring you success.

Success is achievable for franchising recognized brands like Save5 Laundromat due to their established reputation, which can attract customers more readily and build trust faster than starting a new brand. Franchisees benefit from proven business models, operational support, and marketing strategies provided by Save5 Laundromat, reducing the risks associated with independent entrepreneurship.

Additionally, being part of a well-known brand network offers access to economies of scale, collective marketing efforts, and a support system among fellow franchisees, enhancing the likelihood of success.

Availing financing from various sectors is highly likely due to a good brand reputation.

Financing is often more readily available when franchising a reputable brand due to several factors. Banks and lenders are typically more willing to provide loans to franchisees of established brands because they have a proven track record of success and lower risk compared to new, unproven businesses.

Additionally, franchisors may have relationships with financial institutions or offer financing options themselves, making it easier for franchisees to secure funding. The recognizable brand name and business model of Save5 Laundromat also provide a level of security for lenders, increasing the likelihood of loan approval and favorable terms for franchisees.

Formula for success that a franchisor may provide.

Low-cost supplies and efficient supply chain management contribute to higher profit margins for franchisees by reducing the cost of goods sold. Effective marketing increases brand visibility and customer traffic, leading to increased sales and revenue. A prime location maximizes foot traffic and accessibility, further enhancing the franchisee's revenue potential and profitability.

5 things to consider when franchising Save5 Laundromat

1 Make sure that you really want to own this franchise and this will best fit your venture among other offered business opportunities.

2 Be certain that you can work harmoniously with Save5 Laundromat franchise and it is within your interest. A visit to one of the franchise store will help you be more aware of operation and proceedings.

3 Carefully study the Terms and Condition, Franchise Agreement, and what are included in franchising Save5 Laundromat.

4 Check if Save5 Laundromat franchise will be compatible with the rules and regulation, as well as existing laws on chosen location.

5 Best location is one key aspect to have a successful Save5 Laundromat franchise. Study the environment and see if your business suits the surroundings.

Successful frachising 101

Becoming a successful Save5 Laundromat franchisee requires a combination of strategic planning, dedication, and hard work. Here are some steps you can take to increase your chances of success:

Research

Start by researching various franchise opportunities to find one that aligns with your interests, skills, and financial resources. Look for franchises with a proven track record of success, strong brand recognition, and a supportive franchisor.

Understand the Franchise Agreement

Carefully review the franchise agreement, including all terms, fees, and obligations. Make sure you fully understand the expectations and requirements of being a franchisee.

Financial Planning

Evaluate your financial situation and determine how much capital you have available for investment. Consider not only the initial franchise fee but also ongoing expenses such as royalties, marketing fees, and operational costs.

Training and Support

Choose a franchise that offers comprehensive training and ongoing support to franchisees. Take advantage of all training programs provided by the franchisor to learn the ins and outs of the business.

Location Selection

If the franchise involves a physical location, carefully choose the location for your business. Consider factors such as foot traffic, demographics, competition, and lease terms.

Follow the System

One of the benefits of franchising is that you're buying into a proven business model. Follow the franchisor's system and guidelines closely to increase your chances of success.

Provide Excellent Customer Service

Focus on providing excellent customer service to build a loyal customer base. Happy customers are more likely to return and recommend your business to others.

Marketing and Promotion

Take advantage of the marketing support provided by the franchisor, but also be proactive in promoting your business locally. Utilize social media, local advertising, and community events to attract customers.

Manage Finances Wisely

Keep track of your finances closely and manage expenses efficiently. Monitor your cash flow, budget carefully, and seek professional advice if needed.

Adapt and Innovate

Be willing to adapt to changing market conditions and customer preferences. Look for opportunities to innovate and differentiate your business from competitors.

Network with Other Franchisees

Connect with other franchisees within the same system or industry to share insights, experiences, and best practices. Networking with fellow franchisees can provide valuable support and advice.

Stay Committed

Building a successful franchise takes time and effort. Stay committed to your business, remain focused on your goals, and be prepared to overcome challenges along the way.

By following these methods and staying dedicated to your business, you can increase your chances of becoming a successful Save5 Laundromat franchisee.

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