2202 Chua Bldg, Leveriza Street near cor Quirino Avenue, Malate 1004 Manila, Philippines
(+639) 917 560 2532
https://7folds.onelink.me/RS3n
Providing fast and reliable booking system through our 7Folds Laundry Mobile App!
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CEO & Founder of 7Folds Laundry
7Folds is one of the numerous fast-growing laundry shops in Metro Manila that is worth mentioning.
Its owners, husband and wife tandem of Raymund Layoso and Jane Layoso have been running this full-service laundry since 2012.
During that time, they observed a laundry shop on the ground floor of the apartment building where they were staying. They noticed that there were a lot of customers who used its laundry service, which is done “per kilo,” as Raymund described it back then. Typically, washed clothes were delivered within 3-5 days. Recognizing an opportunity to launch a full-service laundry shop that would deliver clothes faster, 7Folds wanted to have a competitive advantage by reducing its handover time within the day or, at most, within 24 hours to take things to the next level and provide its customers with a quick and efficient delivery time.
This idea inspired them to start the business. The first spot location is a for-sale laundry shop in Quezon City. It was an existing laundromat with a lot of clothes displayed on its shelves, indicating a profitable business in that location. It had been there for almost two years and its proximity to their place was also considered. The negotiation went well, and they were able to acquire the shop, which is where it all began. Although it already has a name, the previous owner agreed to change it to the liking of the new owners. Hence, the first laundry shop was called “Rane Laundry Express,” which was a combination of Raymund’s and Jane’s names, as well as the word Laundry Express which means “quick laundry service” – the concept that they want to promote.
For two years, Raymund runs the shop while working as an IT Administrator for an international organization located in Makati. At the time, his wife was in charge of auditing, paperwork, and other administrative tasks, while Raymund was responsible for the company’s staff, infrastructure, operational issues, and much more. Their firm used the family partnership business model, relying on the two owners rather than outside staff. 7Fold’s dependable laundry team members have been just fantastic additions to their company. It has since expanded with the addition of two more branches, and in 2019, they rebranded the business to 7Folds in homage to their seventh year in the industry and a biblical term that means seven folds of blessings and restoration.
Raymund’s ultimate goal was to leave his 9-5 job, even though working in the IT industry provided him with lucrative take-home pay of a six-figure salary. Still, he did not give up on his dream of one day owning and operating his own successful business. The sign finally arrived when he was retrenched from his previous IT company and decided to devote all of his time and energy to their business, which proved to be the best decision he has ever made. He remembered one of his mentors told him about it, and it has now become a reality. All of these premises are based on the concept of expectations. He was looking for a way to supplement his income so that he could support his family and his parents while also pursuing his long-term goal. And, in retrospect, owning a laundry service has made it possible for him to do so.
Truly, some things will never change if you want to be successful in business. Like being bold and not being afraid to fall in pursuit of your life’s goal. And, most importantly, to take action! Raymund and Jane both agree that the laundry business has been a rewarding and challenging experience thus far. They look forward to what the future will bring to their 7Folds Laundry business, their immediate family, and extended family of franchisees.
They have learned a lot by observing, speaking with customers, and choosing the right partners. They are still learning today, which is why they continue to stop, observe, and converse with patrons. As Raymund explained, the business is constantly changing, and at 7Folds, they always want to be on the cutting edge by thinking about the best unique value proposition that they can offer. This, and much more, is what their customers can always expect from them.
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If you want to franchise 7Folds Laundry, kindly fill out the form below and we will send you the full franchise details.4 Easy steps to own a 7Folds Franchise:
- Fill-out the Initial Screening Requirements and submit all the requirements needed.
- Attend our Business Opportunity Meeting (BOM).
- Application and proposed location will be evaluated for approval.
- Signing of the Franchise Agreement, settlement of the Franchise Fee and schedule of Franchisee Orientation.
- FAQ
- Location
Who looks for a location for the Franchisee?
It is the primary responsibility of the Franchisee to look for his/her own location. However, since many locations are usually offered to us, we may assist the Franchisee and refer a specific location for him/her to consider. The market study must be done by the Franchisee whether or not the location was offered by 7Folds Laundry or not.
- Fees
The Initial Fee is a one-time and non-refundable fee paid upon signing of the Franchise Agreement. It represents the payment for the initial grant of the rights to use the Proprietary Marks, Designs, Operational Systems and Controls, Layouts, Equipment, Training Methods, Advertising and Marketing Programs, Services, Financial Models and Licensed Methods at 7Folds Laundry.
The Service Fee is a monthly fee for the continued use of trademark, system, support and assistance provided by 7Folds Laundry. The Service Fee is a source of funds to enable 7Folds Laundry to provide the needed support and assistance to the Franchisees.
Our Service Fee is 5% of the Net Sales (Gross Sales less 12% VAT and other government taxes and discounts). It is subject to VAT and 20% Final Withholding Tax.
What is the Marketing Support Fund?
The Marketing Support Fund (MSF) is a fee payable to 7Folds Laundry and earmarked for
advertising and promotion. All branches including company-owned branches contribute to the MSF. The MSF is 2% of Net Sales and subject to VAT and EWT. Usage of the fund is reported to Franchisees every quarter.
- Franchise Term
What is the term for a franchise of 7Folds Laundry?
The franchise term of 7Folds Laundry is 5 years.
Generally, the Franchisee must complete the Franchise Term of 5 years. If, for some reason, he wishes to pre-terminate, he has the following 2 options.
a. Transfer the rights to the franchise to a 3rd party, subject to approval of the Franchisor and payment of a Transfer Fee of 50% of the Initial Fee;
b. The Franchisor may, at its option purchase the branch, or a portion of the assets. Purchase price shall be subject to computation.
- Construction and Equipment:
Can we use our own contractor to construct the franchised branch?
Yes, the franchisee may use his/her own contractor to construct the franchised branch. In this case, Franchisor shall assign a project manager to ensure that standards of workmanship and materials are maintained during the construction period and approval of Franchisor is required prior to branch opening to ensure brand standard.
Can we purchase equipment from a different supplier?
No, you may not purchase equipment from unaccredited suppliers. The reliability of our equipment is essential in the operations of our branches as a breakdown in equipment can be very costly, not just in repair costs but potential loss of business and in maintaining the quality of laundry equipment and products. As such, we only allow the use of equipment from our accredited suppliers who are the top laundry equipment suppliers in the Philippines and who have a good track record of after-sales service.
Can we purchase small items and tools from a different supplier?
Yes, you may purchase small tools from a different supplier. Prior to opening, we shall supply you with a complete set of small items and tools. For replacements or additional tools, you may purchase from us or look for a supplier who may have a similar tool.
- Franchise Renewal
When the franchise term ends, how can a franchisee renew?
At the end of the franchise term of 5 years, the Franchisee may renew the franchise agreement by paying the Renewal Fee which is 50% of the current Franchise Fee.
- Product and Supplies Purchase
How to purchase laundry items and supplies?
For laundry supplies, Franchisee can order to Franchisor via online order. Delivery of items will be done after full payment.
- Human Resources Concerns
Who is assigned to hire branch employees?
Franchisee has the prerogative to hire their own trusted and qualified employees. Franchisor can recommend qualified applicants for Franchisee accommodation.
New Employees can be oriented by the Franchisee using our HR Manual.
Training and shop immersion can be done to a company branch prior to Franchise branch deployment.
Who will handle payroll and payables?
Franchisee is in-charge of his/her branch payroll and payables with the guidance of Franchisor and company templates during Franchisee Training and branch immersion.
- Marketing
Who is assigned to hire branch employees?
Franchisee has the prerogative to hire their own trusted and qualified employees. Franchisor can recommend qualified applicants for Franchisee accommodation.
New Employees can be oriented by the Franchisee using our HR Manual.
Training and shop immersion can be done to a company branch prior to Franchise branch deployment.
Who will handle payroll and payables?
Franchisee is in-charge of his/her branch payroll and payables with the guidance of Franchisor and company templates during Franchisee Training and branch immersion.
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