NAIROBI, Kenya, July 14 – Electronics company LG has opened its first commercial laundry shop in Mombasa as it seeks to tap the growing demand for laundry services among locals.
A rise in the middle class and urbanization have pushed up demand for professional laundry services in the county, attracting investors.
“The growing reliance on laundromats as a convenient and time-saving solution presents an exceptional opportunity for investors to establish highly profitable ventures,” LG East Africa MD Dangwon Lee said.
“Today’s consumers value convenience and quality, and by investing in the commercial laundry sector, entrepreneurs can cater to these demands while providing top-notch services.”
The company’s laundry machine in the coastal town can hold between 10.5 and 15 kilograms of laundry.
Target sectors include hospitality, healthcare and care homes, multi-housing, schools and universities, and public service, among others.
The company, which started the pilot scheme three years ago, says over 100 laundromats have been installed across the country.
“We project about 1000 new laundromats will open up across the country over the next three years as they are not capital-intensive for the investors,” said Ravi Kanani from Hotspot, which is a constituent model of LG.
