Is opening The Laundry Basket franchise in India is a profitable business opportunity?
The Laundry Basket is a chain of Laundromats established in 2012 which started to franchise in 2015 has about 7 franchised outlets. The Laundry Basket is an ultra-modern laundromat based in Bangalore is looking for Pan India expansion. So as a franchisee of The Laundry Basket you will be a part of an established brand which offers quality and standardized services to customers. On becoming a franchisee, you will be provided with world class industrial laundry machine with 3 washers, 2 dryers, 1 vacuum steam press, entire store set up and branding, technical support and training, access to app bookings, call center support etc.
Further, dry cleaning and laundry business in India is turning to be more profitable with the current lifestyle and long hours of work throughout the week makes most people unwilling to spare time for their laundry. The customers are willing to pay for the service that comes over to the house to pick their laundry and deliver it back to them neatly washed, folded and ready to wear. So enjoy the rewards of being an independent laundromat owner, while at the same time receive the experience of The Laundry Basket team to back you up.
The Laundry Basket franchise investments, requirements, expected profit
The investment required to open The Laundry Basket franchise in India is Rs.20 Lakhs to Rs.22 Lakhs. Franchise fees will cost you about Rs.3 Lakhs. Further, you need to pay 7% as royalty fees from the gross revenue. You require a 700-800 square feet carpet area to start The Laundry Basket store and you can expect a profit margin of 35%.
Available locations for The Laundry Basket franchise in India
The Laundry Basket franchised outlets are in Bangalore at JP Nagar, Hulimavu, Jayanagar, Arekere, Shantinagar, Indiranagar, HSR Layout.
Currently, they are looking for Pan India expansion preferably at Chennai, Hyderabad, Delhi, Kolkata, Pune, Gurgaon, Mysore, Mumbai, Vijayawada, Goa, Noida, Coimbatore, Mangalore, Kochi, Raipur, Thiruvananthapuram, Mangalore.
How to apply for The Laundry Basket franchise in India?
If you are interested in opening the Laundry Basket franchise, then you need to mail them at hello[at]thelaundrybasket[dot]in and do mention the location in which you want to open and other details. Upon receiving the mail, you will be contacted by one of the representatives of the company who will guide you for further process.