Speed Queen to open five laundries in 2017

Felipe Coddou, director of the retail and vended department for the Asia-Pacific and Latin America region, said that the company plans to open five stores in Ho Chi Minh City in 2017 and expand their reach to Hanoi and Danang in early 2018.

“We are also looking for medium- and big-sized franchisees for our business. Franchisees have to invest into at least 10 stores in their city or area with an investment capital around US$150,000-180,000 per outlet,” he noted.

Speed Queen’s first laundry store has been officially opened at Saigon Pearl Building in Nguyen Huu Canh Street, Ho Chi Minh City. With the investment capital of US$200,000, the store is equipped with advanced washing technology that can handle all types of fabrics, even the most delicate ones.

Speed Queen offers a high-end and time-saving laundry service, which is far more convenient and delivers better results than washing at home. Customers can simply drop-off their clothes and leave the washing, drying, and folding to Speed Queen while they go about more important chores.

Besides, customers can choose to do their own washing and drying as the equipment is available for self-service.