Personal Finance: Become A Boss In Dry Cleaning Business

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Setting up a business is not easy but laundry services may just be one of the businesses you should give serious consideration. Dry cleaning business is a very clean business, respectable and dignifying, also brings good money. This is what makes the business lucrative especially for smart people. In Nigeria, a dry cleaner charges nothing less than N500 to wash and iron a shirt. Washing 20 shirts per day will ultimately fetch N500x20 = N10,000. However, the amount of money you make depends on how many regular customers you have.   BASIC EQUIPMENT YOU NEED TO START A DRY CLEANING BUSINESS
  • WIDE IRON TABLE – This is used to press the cloths after they have been dried. It gives cloths a magic touch, making it look as if it was recently bought.
  • GOOD PRESSING IRON – This is a major tool you can’t do without. With N5000, you can get a good pressing iron here in Nigeria.
  • GARMENT CONVEYOR – This is used to hang the cloths you’ve washed.BIG WASHING BASIN – It’s recommended you get at least, 5 bowels for soaking of different materials and colors.
  • CLOTH-PIN – This is used to pin the cloths on a line.
  • INDUSTRIAL DETERGENT – There are lots of detergents out there. Discover one that’s effective and has a good scent.
ESSENTIALS TO START A DRY CLEANING BUSINESS IN NIGERIA This business is not technical nor does it require any special training. If you can wash your cloths, then you can do this business. All you need to be successful in this business is a good space for your business and then, lots and lots of promotion. Although it’s not rocket science it sure is doable. Below are some of the essentials you need.
  1. A GOOD SPACE
You can rent a shop better still, do it in your home. Just make sure it’s accessible because some customers might prefer bringing their cloths to you. Get a good space and stock it up with all the equipment you need to run the business. Know what makes a good location, it will help you.
  1. POTENTIAL CUSTOMERS
This is why this business is very lucrative. Virtually everyone wears cloths and the percentage of people that works is huge. Getting customers won’t pose any challenge. If the people in your street or community are your regular customers, you’re already rich. Imagine if your customers stretched beyond your current location, you’ll sure need to employ more hands to keep up to the of your service.
  1. COST OF STARTING A DRY CLEANING BUSINESS IN NIGERIA
With N100,000, you can start this business and make profit. Your startup cost will be based on the prices of the equipment already listed above so you are expected to do a market survey. Find out the cost of the equipment. This will help you prepare a good and detailed feasibility report. MAJOR CHALLENGES ASSOCIATED WITH DRY CLEANING BUSINESS The washing of cloth is a skill. Did I say skill? It’s a science which means, you have to be very careful to avoid causing cloth damages that will not only drag you to a loss, but also chase customers away. “If you lose a customer, you’ve lost a hundred customers” Aside the cost of shops in Lagos which is on the high sides, you are good to go. I usually advice prospects to buy different washing bowels for different materials.. Not just the material, the color of the material matters too. For example, you’ll need to keep white materials in a different bowel, same with red and other colours. You don’t want a situation whereby a cloth is stained because of wrong combination especially these materials that fade its colour immediately it is soaked. CONCLUSION Dry cleaning business is a lucrative venture. When in it, you’ll be able to live in financial freedom. Start small, and end big. When your business is big enough, you might consider buying bigger machines to facilitate faster service.  
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