Core Businesses
Coinmach Service Corporation is the leading
provider of laundry equipment services in
North America.
Coinmach
Our
core business, which we refer to as the
Coinmach "route" business, involves leasing laundry
rooms from building owners and property
management companies, installing and servicing laundry equipment,
and collecting revenues
generated from laundry machines.
In the past decade we have grown our route business from approximately 55,000
machines to approximately 660,000 machines. Our route customer base is
comprised of owners of rental
apartment buildings, property management companies, condominiums
and cooperatives,
universities and other multi-family housing properties. Coinmach
Corporation also operates 164 retail
laundromats in Texas and Arizona under the Kwik Wash brand.
www.coinmach.com
Appliance Warehouse
In addition to our route business, we rent laundry machines
and other household appliances to
property owners, managers of multi-family housing properties,
individuals and corporate entities
through Appliance Warehouse of America, Inc. As of December
31, 2003, approximately 200,000
washers and dryers were installed with our rental customers
through AWA. www.appliancewhse.com
Super Laundry
Super
Laundry is the nation's largest provider of commercial and
industrial laundry equipment to coin laundry storeowners
and on-premise laundry facilities in the United States. www.superlaundry.com
Strategic Alliances
While our focus is on our core businesses, we regularly
explore strategic alliances in an effort to develop ancillary
revenue streams. Our leading market position, sales, service,
collections and security infrastructure give us additional
growth and diversification opportunities both within and
beyond our existing laundry business. These
strategic alliances can range from equity investments to
marketing agreements.
If you think your company could benefit from a strategic
alliance with Coinmach Service, or if you have questions
about any of our current alliances please contact Rob Lloyd
at
(800) 747-9379
or via email, rslloyd@coinmachcorp.com
Davel
Communications
Our
belief that our existing sales, service, collections and security infrastructure
could potentially be extended into other collections or service based route businesses
unrelated to our laundry business, has been realized with Davel Communications.
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