Laundry Service

Description
A project on launching laundromart service. It was my Service marketing project.

Laundry Service

Laundry Service
1

COMPANY PROFILE
Name: Oxy Laundry Service Address: Hinjewadi Circle, Near Lemon Tree Hostel, Hinjewadi, Pune. Contact No.: 020-26716465 Website: www.oxylaundry.com

Laundry Service

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ABOUT US

Laundry Service

? Oxy Laundry service is a coin-operated laundry service dedicated to consistently providing high customer satisfaction by rendering reliable machines and furnishing a clean, enjoyable atmosphere at a competitive price/value relationship.

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VISION & MISSION

Laundry Service

? Vision: To be No. 1 in Community Laundry Service. ? Mission: To provide convenient, clean, and friendly laundry service.

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LOCATION

Laundry Service

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LOCATION

Laundry Service

? Hinjewadi in Pune is the Place for Rajiv Gandhi Infotech Park housing around 20 software companies. ? A completely rural locale until the construction of the Rajiv Gandhi Infotech Park. ? Hinjewadi is second most upcoming town in Maharashtra state.
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WHY HINJEWADI?
? Software companies ? Colleges ? Residential complexes

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OUR WORKSPACE

Laundry Service

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WHY YOU NEED US?
? ? ? ? ?

Laundry Service

Lack of availability of local housemaids. No time for washing clothes. Water problems Timings mismatch Both husband & wife are working professionals.

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HOURS OF OPERATION
Laundry Service

? Monday - Friday: 3:00 pm - 10:30 pm ? Saturday: 11:00 am - 10:30 pm ? Sunday: 11:00 am - 3:00 pm

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SERVICES PROVIDED
Laundry Service

? Washing ? Drying ? Ironing
Turn around time - 1 hr

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COMPLETE COMMERCIAL LAUNDRY SERVICE

Laundry Service

? We will take care of all your laundry needs. ? Competitive rates and special corporate discounts. ? Daily or weekly laundry services available. ? Free detergent & water
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DISCOUNTS
Laundry Service

? Students get a 10% discount on drop-off laundry and dry cleaning orders with a valid student ID. ? Refer a friend - Bring a friend with you to try out the Washhouse and receive 5% discount.

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INVITING AMENITIES
? LED Television ? Free Wi-Fi ? Newspapers & Magazines ? Music

Laundry Service

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PRICING
? Rs. 200 per load ? Each load = 10 kg.

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SEGMENTATION
Demographic Segmentation:

Laundry Service

? Gender: Male & Female. ? Age Group: 18 and above. ? Occupation: Students and Office Goers

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TARGET AUDIENCE
? Professionals ? Bachelors ? Residential area ? College students

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POSITIONING
High price

Laundry Service

Low Quality

High Quality

Low price

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KEYS TO SUCCESS
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? Location ? Convenience ? Environment ? Reputation
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HUMAN RESOURCE
? Attendant ? Cashier ? Support staff

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COMPETITORS
? Housemaids ? Dhobi Ghats ? Dry Cleaners

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Laundry Service

PROMOTION

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MAGAZINES AND NEWSPAPERS
Laundry Service

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CONTD.
? ? ? ? ?

Laundry Service

Local cable network. Glossy pamphlet in newspaper. SMS Internet Introductory offers through print media

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P & L A/c for Year 1
Particular
Salaries & wages Rent Electricity Repairs & Maintainance Insurance Utilities (Detergent & Water) Misc. Interest Advertising Exp. Depriciation Net Profit Total

Laundry Service

Amt.
4,44,000.00 4,80,000.00 1,80,000.00 36,500.00 1,00,000.00 2,08,500.00 40,000.00 75,000.00 5,00,000.00 1,15,500.00 3,40,500.00 21,79,500.00

Particular
Sales

Amt.
25,20,000.00

Total

25,20,000.00
* Expected customers= 35 per day

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BALANCE SHEET FOR YEAR 1
Liabilities
Owner Fund Borrowed Funds @ 15% Net Profit

Laundry Service

Amt.
3,00,000.00 5,00,000.00 3,40,500.00

Assets
Machinery Air Conditioner Deposit for Land Office Equipments Furniture Cash/Bank Depreciation @ 15% (Except Deposit & Cash Bank)

Amt.
3,80,000.00 90,000.00 2,00,000.00 1,00,000.00 2,00,000.00 2,86,000.00 (1,15,500.00) 11,40,500.00

Total

11,40,500.00

Total

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RETURN ON INVESTMENT

Laundry Service

? ROI= (Net Profit / Capital Employed) * 100 = (3,40,500 / 8,00,000) * 100 = 42.56 %

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PROJECTIONS

Laundry Service

? For Year 2 we are expecting minimum 40 Customers per day (on Average) ? Sales will increase to 28,80,000 ? Expenses will increase to 21,28,775 ? So, Net Profit will be 7,51,225 ? Therefore, we will achieve BEP in 2nd Year.
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FUTURE PROSPECTS
? Tie-up with Local hotels ? Expansion into various other cities. ? Pick Up and Drop Services. ? Increasing revenue from Value Added Services.

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Laundry Service

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doc_495963230.pptx
 

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