BFM 89.9
The Business Station
Self-Service LaundryBar Minting Profit For City Coin
23 mins·08:00, 30 Nov 2023
Self-Service LaundryBar Minting Profit For City Coin
23 mins
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08:00, 30 Nov 2023
·
Recommended
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38 mins
Guest: Paul Ang, Founder and Group Managing Director, City Coin Group
Self-service laundry outlets have mushroomed in urban areas, providing users a convenient option to wash clothes regardless of the weather. City Coin Group, which owns the LaundryBar franchise of laundromats, is presently the biggest chain in the country, with over 400 outlets and counting. We discuss the business model and growth prospects, as well as plans for a future IPO with the Group Managing Director Paul Ang.
Presenter: Shazana Mokhtar
Producer: Moh Heng Ying
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