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.

<p>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.</p>

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