Executive summary
Bubble laundry service is a start-up enterprise to be established in Lahore. The company will provide dry cleaning and laundry, offered with regular home pick-up and delivery services. The company will have a production facility. However, we will need delivery vans, and customer service trained drivers.
Customers can choose payment either at the time of each delivery, or by monthly credit card billing. At the end of each month we will send statements to each contract customer, itemizing service fees and the charge for the service to their credit cards for payment.
The business provides a new door-to-door dry cleaning and laundry service in Lahore that will surely attract customer attention. Working customers may find this service is convenient for them and want to try it. If they are satisfied with the service quality they will likely become repeat customers. When the patronage happens continuously, they become loyal customers of the service. These customers will recommend Bubble laundry Cleaners to their friends and coworkers. As more and more customers use this service, Bubble laundry Cleaners' image is enhanced and we will gain more and more market share.
Sales forecast gradually increase over the first year and comprise total sales of Rs540000. We project modest net profits the first year. Our second and third year net profits are expected to grow substantially.
In providing laundry and ironing services for customers in the Lahore area, Bubble laundry cleaners aims to: * Establish sustainable business by the end of the first year * Have first year total sales in excess of Rs 540000 * Producing net profits
Bubble laundry will focus on catering students living in hostels in Lahore. Since there is no online Laundry service facility currently available in the region, bubble laundry will center on offering value for pricing