FOCUS: Speed Queen
Speed Queen does things Differently Passive earner ticks all the boxes A Speed Queen laundromat provides a healthy, near-passive return on investment. Ask any business owner if they would like to spend less time at work and the answer will inevitably be an emphatic ‘yes’.
54 business MAGAZINE 54franchise Business Franchise
Business ownership often means gruelling long hours. But Speed Queen does things differently. Speed Queen is a turn-key laundromat business that stands out for its ability to generate regular passive income for next-to-no-time spent on site. This is what appealed to Sanjay Kohi. Together with a business partner he opened his laundromat three years ago and, while
Australia and New Zealand
maintaining full time jobs, they have built it up from scratch while rarely having to set foot on the premises. Sanjay says their primary motivation was to generate good income without being stuck in the business 9 to 5. ‘We don’t want to work all hours until we reach retirement age, and Speed Queen offered something that seemed to meet our goal. ‘Speed Queen
