This are queries I got through comment. I will reply based on my experience, (briefly). This will give an idea, but research is still necessary. My replies would be in the italics.
I am currently studying masters in management in one of the universities here in Cebu. As part of the course requirement, we are required to submit a feasibility study, and i have chosen the laundry business for my study.Through the internet, I came across your postings about tips in putting up a laundry business. In this regard, i hope you won’t mind if i ask you the following questions about your business:
1. How much was your capitalization in starting up the business? Depends on the scale of your business, it could range from 100k to 1M.
2. How many years have you been in the business? Im already turning 9 years in the business.
3. How many machines did you have at the start and what were these machines? (Pls specify details; e.g. washing machine wiht 10-11 kg capacity) I started the business with only a pair of washer and dryer, 10kg capacity.
4. How much is you rent per month if you are renting? I’m renting the whole place at 20k but rental is shared by my other businesses.
6. What is the approximate area does a small, start-up laundry shop usually occupy? I have an area of 24 sq.m. when I started.
7. How much is the estimated sales per day? What is its sales growth for the past years? Sales varies from 1500k-4000k per day.In terms of sales growth, if you stick in one area, there’s really none, unless you expand, meaning put up branches. I already have 3 branches at present, all stand alone, meaning not a pick up station.
8. How much is the estimated water and electricity expense per month? Consumption depends on the business coming in. The more customer, the bigger the expense.
9. How profitable is the business? (Its estimated percentage to sales) Depends, to say the ball park figure of direct cost: It’s 14%.
10. What are your services and their corresponding prices? I set a standard of 28-30/per kilo of wash dry fold. Wash dry press at 70/kilo.
11. What is the time frame for every laundry job? 24 hours
12. How many employees do you have? Are they full time? 2 All around. Full time
13. How long did you get your return on investment? Ranges from 3 to 6 months
14. What is the condition of your business now? How does it deal with competition? Business is doing good. I compete with quality service. I never bring down my price, it’s not good for the business.
15. How do you dispose of your water waste? Goes straight to the city sewage system.
16. What are your SOPs to avoid wastage of detergents and damage to the fabrics? I keep an inventory. I also use a very efficient type of detergent, very convenient on usage and almost 0 wastage.
17. What are your firm’s advantages over your competitors? How do you attract and keep customers? Our advantage is we are already 9 years in the business and we were able to develop a system that makes our business run smoothly. We offer quality service, which is value for money. We keep our customers by maintaining good relationship, we keep our promises and deliver with pride.
Your positive response to this matter will be very beneficial to my study and will be highly appreciated. You may email me your response at my email ad above.
Thank you very much.
I am currently studying masters in management in one of the universities here in Cebu. As part of the course requirement, we are required to submit a feasibility study, and i have chosen the laundry business for my study.Through the internet, I came across your postings about tips in putting up a laundry business. In this regard, i hope you won’t mind if i ask you the following questions about your business:





my business started last jan 11, 2010, so far the average income we recieved per day is 400 pesos, i know it is not healthy, whould you please advice me more on marketing strategy, your response on this matter is highly appreciated.