Important points before starting a laundry business in India

by varun · Published September 30, 2020 · Updated December 24, 2021

Laundry Business

Currently, It is 2020 and we are living in the age of pandemic. It has changed the thought process of human civilization. Now, there is an increased focus on personal hygiene and our clothes are an important part of it. A laundry business could be a great enabler in this case. It is a convenience business with the added benefit of providing cleanliness to the end customer. Laundry business world is expected to reach 180 billion USD by 2024 and the recent pandemic has acted as a catalyst in its growth. Let us discuss some important points to be kept in mind while starting this business-

Lifestyle changes – Reduced home spaces in the major metro cities like Delhi and Mumbai has resulted in increased adoption of laundry by millennials. Moreover, with the increasing trend of nuclear families with both partners working has resulted in even more requirements than ever before.

Importance to cleanliness – Pandemic has resulted in more importance being given to cleanliness. Our clothes are an important part of our hygiene and clean clothes are an important part of total cleanliness. Individuals are getting more aware about this need and are getting results in greater adoption of laundries.

Cheaper and flexible – To get clothes cleaned by laundry is both cheaper and gives flexibility to individuals. In this age of city hopping, they don’t need to purchase expensive washing machines as it can be done at a fraction of cost.

Reducing spaces – In most of the major cities like Delhi and Mumbai, living space comes at premium. This expensive space should be occupied by most important things and a washing machine is not one of them for sure.

There are two ways in which a laundry business could be setup. They are –

Franchise model
Own operation

Different costs that need to be incurred in both models are as follows-

Space
Electricity
Manpower
Furniture
Machinery

This is an ideal time to start a laundry business in Delhi or Mumbai. With increasing living cost, busy schedules and importance given to hygiene. There couldn’t be a greater opportunity for a budding entrepreneur to get his hands dirty and start a laundry business in India.

In this article, we have discussed important points related to a laundry business. Meanwhile you can read more articles on various business and business related licenses here