Cost and profit return analysis of opening a laundry

Cost and profit return analysis of opening a laundry There are many low-cost businesses in modern society, but it is not necessarily true whether they are suitable for starting a business. Some industries have low costs, lower returns and relatively slow returns. How much time do investors have to wait and consume? International laundry professionals introduced relevant investment issues and believe that understanding these issues will be of great help to your investment. How much does it cost to open a laundry room? What business can be done at a low cost? An investment professional said that the most important thing for investors to choose a project is to clearly know what they want. What investors want most is high returns, low risks, and low costs. There are indeed not many industries that can satisfy this, but not none. For example, the investment cost in the dry cleaning industry is very low. International Laundry does not charge a franchise fee and provides free professional skills training. The cost of opening a store is as low as about 30,000 to 40,000 yuan.
When opening a laundry shop, you also need to pay attention to some issues, such as the choice of laundry store. There is a term for investing in opening a store called a business district, which means taking the store address as the center and a certain example as the radius as the radiation area of the laundry. We need to do a good survey on the consumption of people in the business district and other aspects. What kind of residents’ consumption levels are there? Competitors need to know who we are and our enemies to be victorious.
After working in the company for many years, Mr. Li decided to give up his job and open his own shop to be his own boss. After his long-term observation and analysis, he resolutely decided to join the dry cleaning industry and join International Laundry. At first, he opened a store with a cost of 30,000 yuan and earned back his investment cost in less than a year. Now, Mr. Li not only owns a medium-sized store but can make a lot of money every year without much hard work.
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Extended reading: Are dry cleaners profitable?