Laundry business, sometimes referred to as dry cleaning business, involves the washing, drying and ironing of clothes and other textile materials for individuals or companies.
It is a very profitable low risk business anyone can do for profit. You can start small and grow. You can do it as a part time business or full time business. With low budget, you can start a successful laundry business and grow.
With the population of Nigeria growing bigger every year and most people getting very busy at work, laundry business is very important. The laundry and dry Cleaning market is forecast to grow in the next decade. Most consumers see cleaning services as necessary, and the industry is projected to grow steadily. The Future of dry cleaning business looks bright, with solid growth prospects in both developed and emerging markets.
Speaking recently at a two-day exhibition and conference titled ‘Cleanshow Africa 2024 in Lagos,’ the chairman, Fabricare Professionals and Drycleaners Association (FPDA), Mr Enibukun Adebayo said, the business is multi-billion dollars and it could grow further with support from government and the society.
“Gone are the days when cleaning, laundry and garment treatment is done in archaic ways, now a lot of machines and technologies are involved. Cleanliness is next to godliness. Helping in keeping our environment and society clean is also a way of making people live better and enhance their productivity,” he stressed.
According to him, FPDA is dedicated to advocating policies that supports the growth and development of the industry and “we are working closely with government agencies, regulatory bodies, and other stakeholders to ensure that our industry is recognized for its contributions to the economy and is supported in its efforts to innovate and thrive.”
Making Money From Laundry Business
You can make a lot of money from Laundry business depending on how you set up and the scale.
Let’s assume you charge N500 to wash and iron a shirt. You can charge more or less, as it all depends on the location of your business. In a day, if you wash about 20 shirts, that amounts to N10, 000. Assuming you also wash suits and you charge N1,500 for that. In a day, you wash up to 10 suits, that amounts to N15, 000.
From the above, washing shirts and suits can make you N25, 500 every day. That will be N175,000 in a week and N700, 000 a month.
But this is just a peek into it. You can make ten times of that or even lower. It all depends on how you run your business. You can make millions a month.
Steps To Set Up A Laundry Business
Find a good location: A good location is very important to your laundry business. Where your business is located can help it tremendously. It is advisable to find a location with less competition. Also note that the geographical location can influence how much you charge. If your location is in a high income neigbourhood, then you will charge more money. However, your rent will be higher.
Register the business and get all important receipt: Operating a dry cleaning business may require that you register your business and get some permits. But this will depend a lot on location.
Buy equipment needed to start a laundry business: Your next step is to acquire the equipment you will need to get your laundry business started. The equipment you buy will depend on the scale you want to operate.
Market your business: At this point your business is all set and ready. You should focus on marketing your business. This is what will bring customers to you and ultimately help you make money.
Overall, laundry business is a very lucrative business that you can make money from. You need a good location and a good marketing approach, you can make a lot of money from it. Decide the scale you want to start. Do your feasibility studies and know the cost of things in the environment you want to set up.
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