How Much You Need to Put Up Laundry Shop Business?

Suba

Notable
Member
Nov 11, 2022
3,879
471
Dex
$0.000
Raw Dex
$1.585
I am clueless. Maybe around 500,000 to 1 million pesos. That is over 50,000 in US dollars. I'd like to open a laundry business as well, but I don't have the financial capability yet.
Even though you don't have the financial ability right now, if your enthusiasm and desire is big, you can start saving, and make a business plan and budget, so that it will make you more motivated.
 
AgoraForo - Digital Marketplace & Freelancer Forum

AmazingJob

Notable
Member
Sep 11, 2022
2,856
842
Dex
$0.000
Raw Dex
$1.760
Even though you don't have the financial ability right now, if your enthusiasm and desire is big, you can start saving, and make a business plan and budget, so that it will make you more motivated.
I am planning to put up at least 4 units to start the business at home. For this I will start saving. My brother also can help.
 

eldavis

Very Familiar
Member
Sep 4, 2022
14,999
664
Dex
$0.000
Raw Dex
$5.505
It depends on how you plan on going about it in the first place. Most people start their laundry business from their homes, without the use of washing machines, hence they did not have to worry about renting a space and all that. A person who plans on renting a space and as well buying machines form the get go would definitely have to spend more.
 

AmazingJob

Notable
Member
Sep 11, 2022
2,856
842
Dex
$0.000
Raw Dex
$1.760
That's great, I will need to see if its popular in here as I have never seen any such unit here
It is like this one. Very neat to see. And can attract more people. In my village, I think there is no business like this. But I am planning to put up the business near schools and stores. With 4 units, that can start up at home.
 

Attachments

  • Screenshot_2022-12-29-19-37-27-68_40deb401b9ffe8e1df2f1cc5ba480b12.jpg
    Screenshot_2022-12-29-19-37-27-68_40deb401b9ffe8e1df2f1cc5ba480b12.jpg
    201.5 KB · Views: 1

hastral45

Notable
Member
Sep 16, 2022
3,808
323
Dex
$0.000
Raw Dex
$0.000
View attachment 425
© Pixabay Free Image

To put up a laundry shop business, you need to have a huge capital. After researching and feasibility student of the location and everything you need, time to make sure you have enough money to begin your business.

How much money you need to start the business?
No. You don't need to have huge capital. You can start from small medium by making use of human labor instead of laundry machine.
 

Passiveearner

Notable
Member
Dec 28, 2022
3,268
204
Dex
$0.000
Raw Dex
$5.652
I reckon that you may need a few thousands dollars in order to start such kind of business. Starting a laundry also require you to hire professional workers who could help you manage business.
 

Suba

Notable
Member
Nov 11, 2022
3,879
471
Dex
$0.000
Raw Dex
$1.585
You can start with old machinery and in a rented place to start this business at lesser investment.
If the old machinery is yours it won't be too much of a problem in the future, but if you buy used machinery it should be considered because it is prone to damage. Meanwhile, rented places will make your operational costs higher and reduce profits.
 

Suba

Notable
Member
Nov 11, 2022
3,879
471
Dex
$0.000
Raw Dex
$1.585
If you have $2,000 should be able to establish a very good laundry service company.
The total estimate needed to run a laundry business is around $1,080, this is only based on prices in my country, so if you have a capital of $2,000 it is more than enough and can be used as a reserve capital. but you need to survey the prices in your country.
 
Back
Top