Hi, Ms. Etten:

I intended to send you the photos of the 2/F site this afternoon.

However, after a visit to the vicinity of the building this morning, I found a much better place — actually, dati ko pa tinitingnan ‘to. Street-level & ganda kasi doon mismo nakatira ‘yung kalaking primary target market ko plus along a very busy, major city street siya. Neighbors ko are a courier company, three pawnshops, three water stations, one LPG dealer, a vehicle battery store, barber shop, & numerous carinderia + sari-sari stores. Except for one mini backyard laundry shop located along a small side street away from the main road, there is no other competition. (According to one of my friends, ‘di rin daw sila ok maglaba. *big grin*)

The previous tenant (litson manok business) is vacating the space this weekend. ‘Yon lang P17K/mo ang rent (!). Now thinking about it… really, really, really hard. *forehead crunched up*

Pwede ko ba send sa ‘yo photos ng both sites? Oks lang sa ‘kin for you to post the photos para reference material ng iba ring mga newbies tulad ko, club members, and mga site visitors dito… pero pwede in the future na ‘pag tapos na kami mag-contract signing ng future landlady ko? You know… *wink*

May projected income and ROI din akong ginawa in MS Excel format. Kung oks lang, papa-check ko rin sana kung realistic ‘yung figures and assumptions ko… oks din for posting in case may nagre-research on the subject lalo kung close to accurate naman ‘yung computation.

Ikanga… pay it forward, ‘di ba? *smiley* (Maski ‘di pa ‘ko nakakaumpisa. Hehehe!)

Cheers,
grich3679

Hi grich!

I’m so sorry for the delayed reply. :)  Your query is long this time and detailed as well :). As for rental of the location, a 17k rental is quite high for a laundry shop. Remember that it used to be rented by a lechon manok business and considering a business like that, it’s supposed to make good profit…First thing you need to consider is the daily overhead. Assuming 17k in a month, divide that by 30 days, that’s about Php566.00 a day for rental alone. Assuming you are to price your laundry at Php25 per kilo, you’ll need to have at least 22 kilos just to cover the rental. 22 kilos is not a joke to reach for newly opened business. I don’t want to sound discouraging, pero i would suggest you to study the figures. As for the excel format, sige you can send it to me. i’ll give my opinion but you’re still the deciding factor..

Good Luck!