With a steady CAGR of 6%, the global laundry industry is expected to cross the $141.5 billion mark soon! Considering the busy lifestyles of people around the world, the constant growth of the laundry sector is understandable.
Will you also join the action? You’re in the right place! Read on to discover some of the most profitable laundry business ideas!
1. Open a laundromat
Since the first laundromat was introduced in 1887, it has become a popular option for people looking to simplify their laundry routine. Josephine Cochrane designed it especially for those who were tired of washing their clothes by hand.
Laundromats offer a self-service model where customers can use different machines to wash and dry their clothes more efficiently.
Typically, these establishments offer different types of machines depending on what the owner has invested in. For example, coin-operated machines require customers to use coins to make them work. (side note: this is where you can get coins for laundry)
There are also card-driven machines that deduct fees directly from a bank account for a more streamlined process.
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2. Environmentally friendly washing
Differentiate your business by using environmentally friendly and sustainable laundry practices, such as biodegradable detergents and energy-efficient machines.
This is a growing niche that attracts customers who are aware of their impact on the environment and looking for greener choices.
3. Laundry delivery company
Considering how quickly the world has changed today, a laundry delivery business idea has great potential to succeed!
The idea of a laundry delivery business is to run a service where customers can leave their clothes behind to take advantage of all the laundry services. Your business may include services such as washing, drying and ironing clothes.
If you want to keep costs minimal, you can start running the laundry delivery business from your home.
4. Manufacturer of detergents
What is the one thing without which the laundry sector cannot function? Detergents.
The manufacturing process of detergents is very simplistic, making it a relatively easier laundry business idea to start. This company also has strong demand, resulting in strong growth potential of the company.
Whether laundromats or homeowners, everyone needs detergents to wash their clothes.
Unlike other companies, demand is not limited to a few months. Considering the need for moderate capital, strong growth potential and marginal profits, it ranks as one of the best ideas for laundry businesses!
5. Special laundry services
This type of business focuses on specific niches, such as sporting goods, uniforms, or delicate fabrics, and does not handle general laundry requests.
Because you are dealing with special or delicate items, you can usually charge more for your services. As long as you provide top-notch service, most customers are happy to pay a little extra. This means you can make more money with every job.
Because you are in a specific niche, there may not be that many other companies doing the same thing. This gives you the opportunity to become known as the go-to person for these special laundry needs.
6. Advisory services
Starting a consulting business usually does not require a large investment.
If you know how to help other businesses improve their laundry operations, you can make a lot of money as a laundry consultant.
In this role you provide advice, strategies and insights to help companies operate more efficiently and profitably. Sharing what you know can make a real difference to these companies, helping them overcome challenges and improve their bottom line.
You can set your own schedule, determine your fees and enjoy the freedom that comes with being your own boss.
7. Laundry app or platform
You can develop a mobile app or an online platform that connects people with local laundry services right from their phones or computers. This way, customers can easily find, schedule and pay for laundry services in their area.
Streamlining the process saves people time and effort. You can integrate smart features like order tracking, service reviews, or even AI-powered suggestions for specialty care items.
8. Laundry franchise
It’s a way to start your own business with the support and recognition of a household name.
When you choose a franchise, you will usually be given training, equipment, and a business model to follow, making it easier for you to get started.
Customers are more likely to trust a household name, allowing you to attract customers from the start.
9. Laundry repair and maintenance
Well-maintained equipment means fewer breakdowns, better service for customers and a longer lifespan of the machines.
You specialize in repairing machines, carrying out regular maintenance and ensuring that everything runs smoothly.
10. Washing machines
Laundry set-up involves placing machines in laundromats or other laundry service areas where laundry supplies are sold, such as detergent pods, dryer sheets and stain removers.
Customers can buy what they need where they do their laundry and generate a steady income for you by selling these daily laundry items.
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