Laundry Business Investment Opportunity in Mississauga, Canada
| Established | 5-10 year(s) |
| Employees | < 2 |
| Legal Entity | C Corporation |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | 49 % |
| Industries | Laundromats |
| Locations | Mississauga |
| Local Time | 11:23 AM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Active |
- We have a patent pending for the equipment and a copyright for the software.
- The automated self serve dry cleaning depot is a mechanical and computerized system that allows customers to drop off and pick up their dry cleaning 24/7.
- Entire process is automated through the use of IT technology. User will place the items inside the depot and pay by swiping their credit/debit cards. Customers will be given an approximate time as to when they can return and collect their order. The dry cleaning plant will obtain the garments from the laundry bin, process the order and deliver it back to the depot. The customer will then collect the order.
- Minimizes contact between the client and the dry cleaning company considering the ongoing situation.
- Planning to price the depot at CAD 79,000 per unit with a cost price of CAD 40,000 to manufacture one unit.
- Target market for the product is existing laundry businesses and enterprising entrepreneurs.
- Promoter spent over 3 years in developing the product. We have already tied up with 4 dry cleaning plants.
- Tied up with 5 suppliers (including one software developer).
- Plan to market the product to the general public within two years post-funding. We are going to pursue an aggressive marketing campaign. Owner has extensive contacts in the dry cleaning industry. Plan to use digital marketing and print ads when marketing.
- Promoter has 18+ years of experience in the dry-cleaning industry.
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Earlier than 15 daysPresident, Consultant, Pune, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, FMCG Trading, New Delhi, Individual Investor / Buyer connected with the Business