How to start a laundry business in Nigeria – dry cleaning businessMarch 3, 2022 2022-03-03 10:30
How to start a laundry business in Nigeria – dry cleaning business
How to start a laundry business in Nigeria – dry cleaning business
Want to start a laundry business in Nigeria? Today’s post will give you some valuable tips on how you can begin. The laundry business, also known as dry cleaning, involves washing and ironing clothing materials for people. It is a very lucrative business to earn money in Nigeria. However, not many people are interested in this business.
If you want to start this business, I have some valuable knowledge to guide you through this journey. In this article, you will learn how to create a laundry business in Nigeria. You will also learn how much it would cost to start a laundry business in Nigeria. Want to know all this? Read this article till the end.
Firstly, let us look at what a laundry service is all about.
Table of Content
- What services does a laundry business offer?
- Five Tips on How to Start Laundry Business in Nigeria
- Frequently Asked Question and Answer section
- Is the Laundry business profitable in Nigeria?
- How much does laundry businesses make in Nigeria?
- How much capital do you need for a laundry business in Nigeria?
- What type of washing machine is best for a laundry shop?
- What are the challenges of laundry?
- What are the challenges of a laundry business?
- What is a commercial Washing machine?
- What are thefive5 stages of a laundry process?
- How long does a commercial washing machine last?
- Watch How To Start A Laundry Musiness in Nigeria
What services does a laundry business offer?
The laundry business offers a dry cleaning service, which involves sorting out and washing clothes. It also covers the ironing and packaging of clothes. People are often in need of a dry cleaning service. And they pay dry cleaners money to wash and iron their clothes.
Laundry services have become a good business opportunity for a lot of people. So, let’s dive into how you can start this business.
Five Tips on How to Start Laundry Business in Nigeria
Just like every other business, starting a dry cleaning service would require a certain amount of money to start. The amount of money or capital you need to create a laundry business varies. Capital requirement depends on the size of laundry you want to open.
However, there is some essential equipment that you must have purchased before starting a business. Tools like Washing machines, hangers, iron boards, et. c. Might be critical equipment you need.
You also need funds to rent a suitable location to start your laundry service. Capital is the first and most important aspect when creating a laundry business in Nigeria.
A Suitable Location
If you want to start any business, make sure it is in a suitable location. It is essential to find a good spot to open your laundry shop. It would help if you also considered your budget and capital before finding a place for your dry cleaning business.
It would not be wise to rent an expensive shop to start your business. Hence, it is advisable to start small if you have a limited budget.
Register your Business
To start a business in Nigeria, you must register with the relevant authorities. Writing your business will help you get a business permit after making a business plan. This move would give your business credibility and legitimacy.
So, if you want to start a dry cleaning business, know that a business permit is essential.
Like I mentioned earlier, starting your business with a few tools and equipment is essential. Some of the vital equipment you need to run a laundry business in Nigeria include;
- Washing machine
- Laundry detergents
- Pressing Iron
- Iron Table
These are some of the essential equipment you must have when starting a dry cleaning business. You must have the budget and capital to purchase these tools when running a laundry service.
Advertise Your Laundry Services
Marketing or advertisement is an essential medium in every thriving business. You have to advertise your business to make people aware of your services. There are many ways to market your laundry business.
The use of signboards is one of the primary ways of creating physical awareness of your business. Although old-fashioned, printing flyers can be a suitable advertising medium for your business. Social media promotion is one of the effective ways of promoting your business. A lot of local companies have succeeded with online promotion strategies.
Offering promotions and other added services can help you start a dry cleaning business. Discounts, home delivery, and other offers can draw customers to your services.
If you want to start a dry cleaning business in Nigeria, these five tips I have shared above will be vital.
How much does it cost to start a Laundry business in Nigeria?
The cost of starting a laundry business depends on the size of your business and your budget. Generally, you can create a dry cleaning business with N200 000 to N500 000.
These expenses would include the money you spend on essential equipment and a good location. On the other hand, setting up a small laundry shop would require only basic tools and facilities. These include; Detergents, pressing iron, packing nylon, cloth drying rack, iron board, and so on.
However, a standard laundry service would require more equipment hence more money. If you want to run a traditional dry cleaning business, be prepared to get the following;
- Washing machine
- Stain removers
- Standing fan
- Wall fan
- Steam iron
- Generator (2.5KVA) etc.
Purchasing a washing machine would cost between N200 000 to N250 000. A power Generator of 2.5KVA would be around N100 000. A stream iron would be around N10 000 to N15 000. These significant expenses, in addition to other costs, would sum up to about N500 000.
So, when starting this business, make sure you know what standard of laundry service your budget can afford.
How much can you make from a dry cleaning business?
A laundry business in Nigeria is a lucrative source of money. That is because a lot of workers need laundry services every week. Dry cleaning businesses in Nigeria can generate up to N300 000 every month.
Also, the cost of delivering these services means that you can make thousands of naira every week.
Although the income depends on the size of your business, laundry can earn you a lot of money.
Here is an illustration. If you charge N500 to wash and iron a T-shirt, you receive 20 shirts in a day. The sum of these services would be N500 X 20 =N10 000 in a day, for only shirts.
If we calculate the cost of laundry services for other categories like; trousers, Agbada, wedding gowns, suits, jeans, etc., that will sum up a considerable amount of money.
However, the different prices of each cloth category depend on the location and standard of the laundry.
So, starting a dry cleaning business is profitable and never a bad idea if you want to begin.
Why Should I Start a Laundry Business in Nigeria?
A laundry business is easy to set up and also profitable. If you wonder whether a dry cleaning business is a good idea, I will explain why you should start this business.
Some of the advantages of starting a laundry business include;
- A laundry business in Nigeria is straightforward to set up
- You can start small if you do not have a high budget.
- It is a very profitable business even when you run it as a part-time job.
- If you cannot afford a shop, running laundry services through home delivery is possible.
- There is a high demand for dry cleaning services. That means you can get many customers.
The dry cleaning service is a good business that can give you an income stream. A laundry business in Nigeria is also not difficult to set up. So, it is essential to note that starting a laundry business would be a fantastic idea.
In this article, I have covered the key points you need to know about starting a laundry business in Nigeria. Want to learn more about this topic? There is a list of Frequently Asked Questions and Answers section below.
Frequently Asked Question and Answer section
Is the Laundry business profitable in Nigeria?
Laundry is a lucrative business that can give you a good income stream. Another good advantage of this business is that it is also a low-risk business. It also promises a lot of customers as a lot of the working population needs these services.
How much does laundry businesses make in Nigeria?
Dry cleaning business owners earn a lot of money in Nigeria. If running a standard and successful laundry business, you can make more than N300 000 every month. However, this income cannot come if you only start your laundry business.
How much capital do you need for a laundry business in Nigeria?
The amount you need to start a dry cleaning business varies on some factors. However, you can create an excellent laundry service for around N200 000 to N500 000. If you do not have enough money to start the business, you can start from home and do home delivery services.
What type of washing machine is best for a laundry shop?
The most effective washing machine for a laundry business is a frontload washing machine. Its mechanism is very fantastic and can help avoid waste of water.
What are the challenges of laundry?
Some of the challenges of laundry services include; fading, shrinking, and detergent isn’t dissolving.
What are the challenges of a laundry business?
Just like any other business, a laundry service has a few challenges. These include; difficulty in identifying clothes, failure to meet deadlines, competition, and lack of power supply.
What is a commercial Washing machine?
These washing machines are designed to carry more workload and not easily get replaced. They are different from domestic washing machines.
What are thefive5 stages of a laundry process?
The stages of a laundry process are as follows; washing, agitation, rinsing, drying, and pressing.
How long does a commercial washing machine last?
A commercial washing machine is more durable than a domestic one. It can last for about 10 to 14 years.
Watch How To Start A Laundry Musiness in Nigeria
Laundry services are a business you start without a considerable sum of capital. It is also easy to set up. When starting, you can buy some essential equipment before expanding your business.
This article has covered some essential tips to help you start a dry cleaning business in Nigeria. I have also discussed how much it would cost to start this business and its profitability, giving you a good income stream.
Although starting a standard laundry business is quite expensive, a small set-up is possible and practical.
So, I believe you now know the vital tips for starting a laundry business in Nigeria.
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