MainStreetChamber Holdings Inc. (OTC:MSCH) Launches Licensing Program to Change the Laundromat Industry
Innovative companies continue to be on the radars of investors, and one such company that could be in play this morning is MainStreetChamber Holdings Inc. (OTC:MSCH). As it happens, the company was in the news cycle yesterday after it announced a new product named Kathy Ireland laundry. Let’s take a closer look here.
Path-Breaking New Offering
In the news release from MainStreetChamber Holdings yesterday, the company revealed that the new product was a path-breaking new licensing program that had been designed to treble the Laundromat wash-dry fold business in a matter of six months. It was also noted in the announcement that the segment targeted by the company was the fastest-growing and most profitable segment in the industry. It would be interesting to see how the market reacts to the latest announcement.
Further Details
The company went on to state that the laundromat industry was at a crucial turning point. Most owners were looking for ways to expand their businesses without having to incur the prohibitive costs of setting up a franchise. The latest offering would provide the owners with the necessary tools to fund their expansion cost-effectively.
CEO Quote
“The laundromat industry is at a turning point, and Kathy Ireland® Laundry is the ultimate solution for owners looking to maximize profits in the fastest-growing sector,” said Larry Kozin, Chairman and CEO of MainStreetChamber Holdings. “We provide everything a laundromat needs to dominate their market—without the excessive costs and limitations of a franchise. This is a revolution for laundromat owners who want financial independence and explosive business growth.”
