ADMAS UNIVERSITY

CLEAN LAUNDRY
Business Plan
TABLE OF CONTENTS
Introduction......................................................3
1. Executive Summary..................................4
2. Company Overview...................................5
3. Business Description.................................6
4. Market AnalysisError! Bookmark not defined.
5. Operating Plan..........................................9
6. Marketing and Sales PlanError! Bookmark not defined.
7. Financial Plan..........................................10
Appendix........................................................12
Instructions for Getting Started with Estimated Start-Up Costs Error! Bookmark not
defined.
Instructions for Getting Started on Profit & Loss Projections 15

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Introduction

Setting up a laundry business is a fairy profitable venture most people work

long hours and don’t have a time to do certain chores such as laundry thus,
setting up this kind of business is lucrative. As in my environment continue to
increasing population, the demand for laundromats will rise. Now a days, both
spouses worker and there are a few stay at home parents and many people
pay someone to do laundromats. The timing is right for starting this new
venture ,patiently searching for one month for the perfect location,one was
finally found

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1. EXECUTIVE SUMMARY

The Executive Summary should be written last

after the remainder of the plan has been finished. It is an ove

 Opportunity: people who don’t have time to do their people who don’t have time to do their
own laundry themselves thus neat and clean laundry will provide service where by it will
help them to use their time in other works Increasing no of medium and small
hotels ,spa ,shop which is good for our market and increasing of disposable income and
changing the daily life.

 Mission: To provide high quality service to our customers by implementing services that
provide a quality convenience and clean laundry will provide a quality laundry service in a
time.

 Market target: identify areas with a focus on busy professionals, students, and
households without access to laundry facilities

 Competitive advantage: convenient location, fast turnaround time, quality cleaning,

customized services,competitive pricing and value added services.

 Ownership: Hiwet Mekonen

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2. COMPANY OVERVIEW

 Company summary:
This is the introductory section to the company, also known as the ‘elevator pitch’ of wh

 Mission statement: Existing , well recognized competition in the marketplace.

.Bigger laundry services and other new business world. future/potential

. From large franchised business

 Company history: since there is not enough laundry service in our area and with the
money and knowledge I have ,l decided to choose this business idea and work on it

 Markets and services: identify areas with focus on busy professionals , students ,and
household without access to laundry facilities

 Financial goals: reduce water usage

Improve cleanliness

Improvement smart technology solution

Upgrade equipment and machines

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3. SERVICE DESCRIPTION

Washing
The neat and clean laundry service will provide washing service to the customers. It is
aimed at providing automated washing machine which will be able to provide batter quality
wash than hand washing

Drying
Neat and clean laundry service will not only provide washing service, other complimentary
services like drying the clothes after washing using drying machine will be very helpful to the
customers in drying their clothes in winter.

Ironing
Ironing and folding services after drying the garments will also be provided so that garments
don’t shrink. Thus, ironing will keep garments in proper shape.

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SUSTAINABILITY

Waste water: The waste water from the laundry would be directed towards swage.
Use the right detergent: we can also reduce water consumption by making sure
that my business use the right amount of detergent .Using more than is necessary for one
load can increase, or even double rinse time .Also be sure to use enough for heavily solid
lines so they don’t have to be washed again. My business will use special detergent for low
temperatures so that can it won’t require hot water or several rinse to work

Efficient use of electricity: As electricity is important part of laundry business,

neat laundry service will use electric city in an effective way where by when it is in not use,
it will be keep it off and also machine will be keep the at rests after long working days

SWOT analysis:
strength
.Quick and convenient
We offer a quick and convenient service in order to save a customer’s time. It is a very
lucrative business, as not everyone that puts on clothes has the time to do the laundry involved
thereafter, Many people have a tight schedule, so I feel it’s a waste of time doing their
laundry .This is the reason why we stand a chance of making a lot of money because people
will definitely seek our service.

.Reasoning prices with attractive discount program

We offer a special discount offer for our valuable and regular customer’s .As laundry business
is an easy and convenient to start .And we make of superior customer value.

Weakness
.small form of business
Bing small form of business it will be hard to deal every customer at the beginning and fulfill
their needs and give excellent service. And less experiences , competition from already
established business.

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4. OPERATING PLAN

 Order fulfillment:
Describe the company’s procedures for delivering services to its customers. As a service co

 Price : It will be lower at the initial stage compare to the competitors .But the business
will targets the working and professional customer who often pay less attentional customer
who often pay less to the price then the quality of service and convenience of service.

 Technology:
If technology is critical to the business, whether it is part of the service offering or is fundamenta

 Key customers: The laundry business is game of numbers .The more clothes items you
push the more the revenue. The best way to easily achieve that is by getting regular clients.
They are clients who normally need laundry done daily and in large quantities .Example of
such clients are academic facilities , health facilities , hotels.

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5. FINANCIAL PLAN

 To being will the laundry have to

fund 150,000 birr

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APPENDIX

Date

COST ITEMS COST/ MONTH ONE-TIME COST TOTAL COST

Advertising/Marketing 3 1000 3000

Employee Salaries 1 2000 2000
Rent/Lease Payments/Utilities 6 11,000 66,000
Insurance

Interest Expense

Bank Service Charges

Equipment 1 129,250 129,250

Furniture & Fixtures 1 9000 9000
Security Deposit(s)

Business Licenses/Permits/Fees 1 220 250

Cash-On-Hand (Working Capital) 1 2000 2000
Miscellaneous

ESTIMATED START-UP BUDGET 211,500

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Instructions for Getting Started on Profit & Loss
Projections
Completing projections for Profit and Loss of a new company is a good exercise to understand
and communicate when the company will begin to break even and see how sales and profits
will grow. The top portion of the model to the left, Revenue, is a good way to forecast sales,
month by month for the first year. The lower portion then applies estimated expenses for the
same period of time to derive the business' profitability.
Steps for preparation:
 Step 1: Enter the company name and the date this projection is being prepared.

 Step 2:

For each month, beginning in January or whenever the start is estimated, enter the expected sales to be.

 Step 3:
For each month, enter the estimated salaries, marketing, utilities, and other items that are projected.

 Step 4:
Once all of the costs have been entered, review the individual items and total amount to see where proje

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