A laundry business is a profitable business to start in South Africa. As the average income increases steadily with a lot of people working long hours, there has been an increase in the demand for laundry services. This increase in dry cleaning and laundry services  in recent years is due to the growing middle class where few people can afford time to do house chores. An increasing number of South Africans live in the city and their busy lifestyle results in a rising demand for convenient services like dry cleaning and laundry. It is evident that this is a business that you can explore. Growth in the laundry industry is estimated to be between 5% and 10% per annum. As such the demand for laundry services is likely going to continue to increase. This article will outline how to start a laundry services business in South Africa, and the laundry business plan – PDF, Word, and Excel.

A laundromat is a lucrative business but there are some essential factors you need to consider before you venture into this business. You need to decide on the type of laundry services you intend to provide, the size of your laundromat and your location. These factors will be affected by the amount of capital you have thus, you should carry out a feasibility study, market research and have a good laundry services business plan before you venture into this business.

LOCATION & PREMISES

Deciding on the location of your laundry business is an important decision to make before you start. It is important that you locate your laundromat close to your target market. Consider the amount of road and foot traffic, find an easily accessible location where people can stop and make use of your services. There are several possible locations, including shopping centres, malls, and the CBD. Opening a laundry business close to places that typically have potential for traffic  could be ideal depending on your target market. It is important to be strategic about your neighbouring businesses as well because you are more than likely going to feed into each other instead of competing. If you open a laundromat in an overly saturated area the likelihood that your business will succeed will be low. Your premises should be large enough to accomodate all your machines, staff and space for customers. Your laundromat business plan should cater for the costs of buying or leasing the premises.

EQUIPMENT FOR LAUNDRY SERVICES BUSINESS

Depending on the laundry services you provide, you will need equipment and the right machinery for your business. The major equipment that you need include washing machines. You will also require dryers, and pressing machines to name a few machines. You may need to purchase vehicles if your services include pick up and drop off. Your laundry business plan should cater for such costs including the equipment you will need for your laundromat. The detergents and chemicals you use are just as important as the equipment you will make use of. Ensure that you invest in quality equipment as well as quality chemicals and laundry detergents.

PRODUCTS AND SERVICES

Laundry products and services differ with each type of laundry business. Your target niche will also determine the type of products and services you need to sell. The most popular services offered by regular laundry businesses include washing, drying, and pressing of clothes, blankets, and beddings, among other things. Some even offer complimentary services such as garment and shoe repairs. It will be advantageous to have all these various complimentary services for your laundry services. If you choose to provide a self-service laundromat adding some entertainment and amenities like Wi-Fi or a television can be beneficial for your business. Such complimentary services will go a long way in attracting customers. Another essential factor in running a laundry services business is selecting the right suppliers’ for detergents and chemicals for your operations. Consider suppliers who can provide affordable and quality chemicals consistently. Your laundry services business plan should clearly outline the various products and services you will provide.

STAFF & MANAGEMENT

As a customer-centric laundry services business, it’s important that you hire employees that are friendly and efficient. Your employees should be passionate about their jobs. If you want to hit the ground running it’s better to hire a team of people who have experience in this business. Your cleaners, maids and general staff should know how to clean different fabrics especially delicate ones. Also, your staff members should know how to attend to customers efficiently on a regular basis.  Inexperienced staff members need to get extensive training before they can be given any important tasks or be allowed to use any laundry chemicals and equipment. Laundry chemicals, equipment and machinery can be dangerous if not used properly thus, anyone operating a laundry services business should know how to use them and take the necessary precautions. Depending on the size of your shop, the actual number of your staff will vary however, you will need, cleaners, launderers, security as well as management. Your laundry services business plan should cater for the salaries of your employees and the day to day operational expenses of running a laundry services business.

Some of the day-to-day operations of this type of business include:

  • Operating washing machines, dryers, and pressers
  • Liaising with customers and taking orders
  • Liaising with /suppliers
  • Managing Staff
  • Marketing and advertising

When you are running a laundry services facility it is important to pay attention to how the processes take place, such as how all the materials are washed or dry cleaned. It is also crucial to adhere to all industry related health and safety regulations. These safety measures cover the cleanliness of your environment; how your staff members are supposed operate the laundry facility plus how and where the laundry is treated and cleaned. Laundry and cleaning businesses can be risky for your staff members and customers that is why adhering to health and safety regulations is important.

MARKET

As more women enter the workforce there has been an increase in the demand for laundry and dry-cleaning services in addition to the need for helpers in other house chores. There are a lot of students, single parents, working professionals as well large institutions that make use of laundry services. There are also large institutions such as prisons, hospitals, companies and educational facilities that prefer outsourcing their laundry needs or hire on premise laundry service providers. Also, there is still an opportunity in opening a self-service laundromat for a large number of people that cannot afford to purchase washing machines and dryers but would prefer paying for self service laundry services.

Given that the South African market is one of the leading emerging economies on the African continent there is potential for high growth. There is still a large number of households that would prefer doing their laundry at a laundromat than purchasing an expensive washing machine. Whether you are a young entrepreneur, a professional seeking to start your own business or someone who needs a retirement plan, investing in a laundromat/laundry services business is something worth considering. One thing that can set you apart before investing in any venture is developing a business plan. A well thought out laundry services business plan will help you in both the short term and long term. Also, there are various risks associated with running a laundry services business like any other venture, your laundry business plan should clearly outline these risks as well as the different measures you will take to minimise them.

 

PRE-WRITTEN LAUNDRY BUSINESS PLAN (PDF, WORD AND EXCEL): COMPREHENSIVE VERSION, SHORT FUNDING/BANK LOAN VERSION AND AUTOMATED FINANCIAL STATEMENTS

For an in-depth analysis of the laundry services business in South Africa, purchase our laundry business plan. We decided to introduce the business plans after noting that many South Africans were venturing into the laundromat business without a full understanding of the industry, market, how to run the business, the risks involved, profitability of the business and the costs involved, leading to a high failure rate of their businesses.

Our business plan will make it easier for you to launch and run a laundry business successfully, fully knowing what you are going into, and what’s needed to succeed in the business. It will be easier to plan and budget as the laundromat business plan will lay out all the costs involved in setting up and running the laundry business. The business plan is designed specifically for the South African market.

USES OF THE LAUNDRY SERVICES BUSINESS PLAN (PDF, WORD AND EXCEL)

The laundry business plan can be used for many purposes including:

  • Raising capital from investors/friends/relatives
  • Applying for a bank loan
  • Start-up guide to launch your laundry business
  • As a laundry business project proposal
  • Assessing profitability of the laundry business
  • Finding a business partner
  • Assessing the initial start-up costs so that you know how much to save
  • Manual for current business owners to help in business and strategy formulation

CONTENTS OF THE LAUNDRY BUSINESS PLAN (PDF, WORD AND EXCEL)

The business plan includes, but not limited to:

  • Market Analysis
  • Industry Analysis
  • 5 Year Automated Financial Statements [ Income statements, cash flow statements, balance sheets, monthly cash flow projections (3 years monthly cash flow projections, the remaining two years annually),break even analysis, payback period analysis, start-up costs, financial graphs, revenue and expenses, Bank Loan Amortisation]
  • Marketing Strategy
  • Risk Analysis
  • SWOT & PEST Analysis
  • Operational Requirements
  • Operational Strategy
  • Why some South Africans in the laundry business fail, so that you can avoid their mistakes
  • Ways to raise capital to start your laundry business in South Africa

The Laundry Business Plan package consist of 4 files

  1. Laundry Business Plan – PDF file (Comprehensive – 89 pages)
  2. Laundry Business Plan – Editable Word File (Comprehensive – 89 pages)
  3. Laundry Business Plan Funding Version – Editable Word File (Short version for applying for a loan – 46 pages)
  4. Laundry Business Plan Automated Financial Statements – (Editable Excel file)

The financial statements are automated. This implies that you can change eg the costs, salaries etc, and all the other financial statements will automatically adjust to reflect the change. 

GET THE LAUNDRY BUSINESS PLAN (PDF, WORD AND EXCEL) - R400 Only.

We decided to make the business plan affordable to anyone who would want to start the business, and the price for the pre-written business plan is only 400 Rand.

We have several payment methods which you can use.

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Click Buy Now below to purchase. After you have purchased, you will instantly see the download link for the business plan package on the screen. We will also email you the download link. Get instant access to the business plan now!

If you want to purchase multiple business plans at once using Visa Card/MasterCard then  click here: Business Plans Store

The business plan package is a zipped compressed file containing the PDF, Word and Excel documents. To open the package after downloading it, just right click, and select Extract All. If you have any problems in downloading and opening the files, email us on sales@bizbolts.co.za and we will assist you.

Payment Method 2 (Instant EFT - FNB, Absa, Standard Bank, Nedbank, CapitecBank, Investec, TymeBank and African Bank. )

Click Buy Now below to purchase. After you have purchased, you will instantly see the download link for the business plan package on the screen. We will also email you the download link. Get instant access to the business plan now!

If you want to purchase multiple business plans at once using Instant EFT then  click here: Business Plans Store

The business plan package is a zipped compressed file containing the PDF, Word and Excel documents. To open the package after downloading it, just right click, and select Extract All. If you have any problems in downloading and opening the files, email us on sales@bizbolts.co.za and we will assist you.

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