Exchange Headline: Laundromat- Express wash your fabrics..
Exchange Description: I am a management graduate with more than a decade of industry experience planning to start a laundromat business. During my college & career days, while staying away from home the biggest task was laundry. The entire holiday was absorbed in washing clothes & other fabrics. Apart from the time involved & stress generated in the process. And this was not only a challenge with me but with most of the similar community. Dry cleaning every time was neither affordable nor was suitable for the longevity of the fabric.
Today i see an increasing population of students, single professionals & working couples (Priority segments) around already stressed out in a 9 to 9 role & losing the excitement of a weekend in doing the laundry. Struggle to find a suitable option is still at large. Dry cleaning is expensive. Rest of the options include getting them washed through a Dhobi who is charging Rs 20 to Rs 50 for a pair or engaging a house maid for Rs 500 to 600 per month or doing the laundry personally. The dhobi & the house maid have their own whim & fancies that more often than not are a nightmarish.
Apart from the segments already mentioned above few more rewarding segments are available in the form of Hotels, Hospitals, Factories, Schools, etc that offer potential for annual tie ups. Families can also be targeted at later stages. The lack of proper water distribution & availability across areas with in city during summers offers a greater advantage to the business.
I plan to start a chain of laundromat in India. The objective is to provide express wash convenience to customers economically through two business models based on the market segments. The idea is to develop multiple kiosks in strategic locations in the city / cities to offer the facility.
Business Model: -
(1) Get the clothes & fabrics washed on per kilogram basis along with same day delivery. Ironing is optional. The service will also carry an option of pick up & drop.
(2) Get the clothes washed on a per wash cycle basis with delivery within one or two hours. Ironing is again optional. There will not be any pick up & drop as the second model is self-service oriented.
The project is less capital intensive, sustainable & readily scale able as most of Indian cities are emerging economies around education, tourism, better career prospects etc . The equipment's required are washing machines with drying tumblers, steam pressing tables, & domestic water recyclers.
I require seed capital / start up funding & mentoring to start the venture. Capital required is in the range of $100000 to $150000 (50 lac to 1 crore in Indian Rupees). ROI is fast & rewarding.
Today i see an increasing population of students, single professionals & working couples (Priority segments) around already stressed out in a 9 to 9 role & losing the excitement of a weekend in doing the laundry. Struggle to find a suitable option is still at large. Dry cleaning is expensive. Rest of the options include getting them washed through a Dhobi who is charging Rs 20 to Rs 50 for a pair or engaging a house maid for Rs 500 to 600 per month or doing the laundry personally. The dhobi & the house maid have their own whim & fancies that more often than not are a nightmarish.
Apart from the segments already mentioned above few more rewarding segments are available in the form of Hotels, Hospitals, Factories, Schools, etc that offer potential for annual tie ups. Families can also be targeted at later stages. The lack of proper water distribution & availability across areas with in city during summers offers a greater advantage to the business.
I plan to start a chain of laundromat in India. The objective is to provide express wash convenience to customers economically through two business models based on the market segments. The idea is to develop multiple kiosks in strategic locations in the city / cities to offer the facility.
Business Model: -
(1) Get the clothes & fabrics washed on per kilogram basis along with same day delivery. Ironing is optional. The service will also carry an option of pick up & drop.
(2) Get the clothes washed on a per wash cycle basis with delivery within one or two hours. Ironing is again optional. There will not be any pick up & drop as the second model is self-service oriented.
The project is less capital intensive, sustainable & readily scale able as most of Indian cities are emerging economies around education, tourism, better career prospects etc . The equipment's required are washing machines with drying tumblers, steam pressing tables, & domestic water recyclers.
I require seed capital / start up funding & mentoring to start the venture. Capital required is in the range of $100000 to $150000 (50 lac to 1 crore in Indian Rupees). ROI is fast & rewarding.
Price:
Contact:
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