A profit making company which was the number 1 Laundry in Mumbai catering to 5 star Hotels. The ROI is expected to be 70%.
We have gone retail and wish to grab most of the market share of an upcoming market.With Franchise shops @Rs.3.00 lakhs per shop (On an average) we propose 70% ROI. With 100pcs X Rs 40 per piece X 26 days = Rs1.04 lakhs plus ironing business of Rs 30k.
In the last 5 months there are approx. 15 players who are into internet marketing, without having a Laundry Unit of their own. Therefore, we stand out as we have one of the Biggest Laundry setup in Mumbai.
There is no commercial detergent in the world which can wash body wear without fading the cotton coloured clothes within a few washes. Our USP is we guarantee no fading of clothes as we use specially manufactured detergent which has neutral pH and shall never fade the clothes.
With pickup points/ outlets all over the city, we shall be a Household name within a year.
There have been many players (Aggregators) who have no knowledge or experience in this field. Most of them depend on companies like ours.
We are one of the top most companies in this field.
So far only 5% is organised in this sector. Moreover the main Dhobi Ghat in Mumbai has closed. Therefore there is tremendous opportunity in this market segment.
Firstly, it shall be used for beautifying the present unit., then it shall be used to have shops all over the city.
Initially we would require only $45000, and when we see the results within 9 months the remaining funds would be required for expansion.
Would be great to have a Hands-on investor, however if not a silent investor would do.
The ROI is expected to be 70%
Shall offload 30% share of equity.