Laundromat Franchise Opportunity
Pick My Laundry 8.8 /10
2015 Estd
·
275
Franchisees
· Gurgaon HQ
· Listed By Business Owner / Director
All Formats
Format | Investment including Brand Fee | Brand Fee | Space | Staff | Exp. Monthly Sales | Profit Margin | Royalty |
---|---|---|---|---|---|---|---|
Pick My Laundry Unit Franchise | USD 29 - 69 thousand | USD 11.5 thousand | 300 - 1,200 Sq Ft | 5 | USD 14 thousand | 40% | A royalty of 7% on the monthly sales from the master franchise store has to be paid. Master franchisee will receive a commission of 50% of the brand fee and 3.5% of the monthly net sales of each sub franchise signed. |
Pick My Laundry Commercial franchise | USD 69 - 346 thousand | USD 17.3 thousand | 500 - 4,000 Sq Ft | 8 | USD 34.6 thousand | 30% | A total royalty of 7% on monthly sales has to be paid |
Pick My laundry Master Franchise | USD 46 thousand - 1.2 million | USD 46 thousand | 500 - 2,000 Sq Ft | 2 | USD 23 thousand | 40% | 3.5% |
Format Name | Pick My Laundry Unit Franchise | Pick My Laundry Commercial franchise | Pick My laundry Master Franchise |
---|---|---|---|
Investment | USD 29 - 69 thousand | USD 69 - 346 thousand | USD 46 thousand - 1.2 million |
Brand Fee | USD 11.5 thousand | USD 17.3 thousand | USD 46 thousand |
Space | 300 - 1,200 Sq Ft | 500 - 4,000 Sq Ft | 500 - 2,000 Sq Ft |
Staff | 5 | 8 | 2 |
Expected Monthly Sales | USD 14 thousand | USD 34.6 thousand | USD 23 thousand |
Profit Margin | 40% | 30% | 40% |
Royalty / Commission | A royalty of 7% on the monthly sales from the master franchise store has to be paid. Master franchisee will receive a commission of 50% of the brand fee and 3.5% of the monthly net sales of each sub franchise signed. | A total royalty of 7% on monthly sales has to be paid | 3.5% |
Documents
About Pick My Laundry
Pick My Laundry is a laundry and dry-cleaning service that provides doorstep pick-up and delivery with the help of a mobile app. Since our establishment in 2015, we have serviced more than 3,00,000 customers. We have a capacity of processing more than 5,000 Kgs of clothes each day. Everything from pick-up to delivery is handled by us and our customers get real-time updates of their laundry through our mobile app which is available on both Android and iOS platforms. We offer a very franchisee-friendly format and wish to expand our presence through franchising under two formats- Pick My Laundry Master Franchisee and Pick My Laundry Outlet. The master franchisee is given exclusive rights to give out any number of franchises in their city. The company has all the necessary licenses and certifications.
Products and Services
Laundry, dry-cleaning, shoe cleaning, curtains and carpet cleaning, soft toys cleaning, steam ironing, spot removing, hospital cloth care, hotel cloth cleaning.
Preferred Locations
India,
USA,
Egypt,
Europe,
UK,
Morocco,
Singapore,
Saudi Arabia,
Iran,
Malaysia,
UAE,
Qatar,
Kuwait,
Oman,
Bahrain.
How to get Pick My Laundry Franchise?
You can connect with us here on SMERGERS. We will then guide you through the agreement signing process.
What are some of the things we look for in a Franchisee?
Franchise partner must handle the entire operations, hire delivery boys, maintain quality standards and customer satisfaction.
Support you can expect from the company
Outlet setup, staff training, supply of inventory and washing equipment, mobile application, dashboard and CRM tool of Pick My Laundry. Franchise partner is also provided with marketing and promotional support.
Recent Activity
-
Earlier than 15 daysManager, Consumer Services, Gothenburg, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysSales Operations Lead, Automation Machinery Manufacturer, Brentwood, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManager, Railroad Equipment Manufacturer, Riyadh, Individual Investor / Buyer connected with the Business
Profile Stats
- 60+ introductions
- 10000+ Page Views
- 4000+ Investor Views
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Frequently
Asked
Questions
Asked
Questions
-
When was Pick My Laundry established?Pick My Laundry was established in 2015 in Gurgaon and is reported to have 275 Franchisees currently
-
What is the investment required to take up Pick My Laundry Franchisee?Investment required ranges from INR 25 lakh - 10 crore depending on the format offered.
-
What is the space requirement for taking up Pick My Laundry Franchisee?Space required ranges from 300 - 4000 sq ft depending on the format.
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What Franchisee formats does Pick My Laundry offer?Pick My Laundry offers 3 formats, i.e Pick My Laundry Unit Franchise,Pick My Laundry Commercial franchise,Pick My laundry Master Franchise.
-
How to get Pick My Laundry Franchisee?You can connect with us here on SMERGERS. We will then guide you through the agreement signing process.