What's the Capital Required to Start a Self-Service Coin Laundry Business?

Investing in a coin laundry business can be a lucrative opportunity, especially with a reputable brand like myDobi®. Understanding the initial capital required is essential to make an informed decision. myDobi® offers three comprehensive packages tailored to different space sizes and budgets, designed to help you own a scalable and profitable laundry business.

myDobi® Investment Packages

The myDobi® 27x42 sqft package, starting from RM750,000, includes machinery costs from RM250,000. This package equips you with four 14kg washers, three 20kg washers, and two 28kg washers. For dryers, it provides five units of 14kg+14kg, two units of 20kg+20kg, and two units of 26kg dryers. Additional equipment such as chemical dosing pumps, token changers, water pumps, water heaters, water tanks, myDobi® tokens, and gateway raspberry are included, along with installation, commissioning, and testing.

Renovation costs are approximately RM150,000, covering setup and renovation, myDobi® signage and stickers, water piping systems, electrical and wiring works, gas piping manifold and safety systems, lighting and fans, as well as furniture and fittings. The myDobi® Branding & Support Fees start from RM60,000 for a 60-month contract, which is a one-time fee. This grants you the right to use the myDobi® proprietary mark & trademark, receive business and operation training, project management during setup & renovation, marketing support, myDobi® team backup, and other business-related support.

Additional costs include technical support, service, and maintenance at RM1,500 per month. The 24/7 customer service careline support is provided free of charge. The Hiro App setup fee is RM3,790, and the annual fee is RM1,944 per year.

The myDobi® 20x50 sqft package, starting from RM550,000, includes machinery costs from RM250,000. This package comes with two 14kg washers, two 20kg washers, and two 28kg washers. The dryer lineup consists of two units of 14kg+14kg, two units of 20kg+20kg, and two units of 26kg dryers. The additional equipment and services are similar to the first package. Renovation and branding costs, as well as additional fees like technical support and the Hiro App, remain the same.

The myDobi® 20x39 sqft package, starting from RM500,000, also includes machinery costs from RM250,000. This option provides two 14kg washers, two 20kg washers, and one 28kg washer. For dryers, you receive three units of 14kg+14kg and two units of 20kg+20kg. The package includes all the additional equipment, installation services, and testing. Renovation expenses, branding and support fees, and other associated costs are consistent with the other packages.

FAQ of Setting Up A Self-Service Laundry Business

Can I choose my own location to open a myDobi®?

Yes, we encourage investors to propose potential locations. Our team will conduct a comprehensive market analysis based on demographics, target customers, accessibility, and other factors to ensure the best location is selected for your business.

What are the requirements to open a myDobi®?

The minimum investment includes at least six sets of washers and dryers to effectively meet customer demand. This ensures your laundromat can handle the required capacity and provide a smooth service experience.

Is it mandatory to set up a gas room for myDobi®?

Yes, setting up a gas room is a safety requirement. It must adhere to strict construction standards and compliance regulations to obtain approval from local authorities through the necessary licensing processes.

Is it compulsory to use the preset three types of laundry chemicals from myDobi®?

Yes, it is compulsory to ensure consistent quality assurance, maintain halal certification, and guarantee customer satisfaction with the washing results.

How long does the warranty cover?

The warranty for laundry equipment parts is 24 months, while other supplies are covered for 12 months. Items subject to wear and tear, like coin acceptors and dryer roller bearings, have a warranty period of 6 months.

How long does it take to set up a myDobi®?

Typically, we can complete the renovation and equipment setup within a month. However, factors such as shipment delays, securing local permits, utility applications, and connection statuses may affect the timeline.

How much does it cost to open a myDobi®?

The initial capital required ranges from RM500,000 to RM750,000, depending on the package chosen. Approximately 80% of the investment goes into laundry equipment, serving as your long-term asset.

Why Invest with myDobi®?

myDobi® has a proven track record with over 150 projects and 2,000+ machine installations across three countries. Investors can expect a return on investment ranging from 20% to 35%, making it an attractive venture. With comprehensive support from site selection to marketing, and a commitment to quality through the use of halal-certified detergents and high-quality equipment, myDobi® ensures your business is set up for success.

Ready to Invest a self-service laundry business?

If you're interested in becoming a myDobi® investor and taking the first step toward owning a profitable and scalable laundry business, contact us today. Join the myDobi® success story and turn your investment into a thriving enterprise.