Do you know? The laundry service industry generates 53.89 per cent of India’s gross value added (GVA). The significance of the service economy in our big country is therefore clear. Like many other services in our country, laundry contributes significantly to the national economy.
In India, there is a healthy market for laundry and dry cleaning services. The monthly revenue of certain well-known laundry businesses in the country will astound you. Everyone from the middle class up to the country wealthiest sends their laundry out to be cleaned. This is how the washing industry makes money in our very populous country.
The average monthly earnings for these well-known laundry franchises are between Rs 50,000 and Rs 2,50,000. Yes, the location of the laundry franchise does affect the bottom line.
Even in a more out-of-the-way location, a laundry franchise can be quite profitable. Additionally, the article will discuss the leading5 laundry franchises in India.
5 Best Laundry Franchises in India to Consider in 2024
Let us get started with the top laundry franchises in India which have been gaining popularity across the nation in a quick span of time.
he most trustworthy company is Laundrywala. Increased client attention is a result of our commitment to providing specialised, high-quality services; investment in cutting-edge technology; and competent personnel development.
We also guarantee that their clients receive first-rate service and help whenever they need it. Those interested in opening a laundry or dry cleaning franchise in India should seize the moment.
Those in charge here are totally committed to their jobs. Our obligation is to help each customer maximise their investment by providing superior training and support.
- Investment Required – Rs. 13-15 lakhs approx.
- Space Required – 250 sq ft.
Arunabh, a graduate of IIT Bombay, started up this laundry service. In October 2016, the company was established with the express purpose of bringing Launderettes to the people of India. Aurnabh, the company’s creator, was awarded the prestigious “Entrepreneur 35 Under 35” honour.
Fast-growing janitorial service UClean has announced that it has expanded to 100 new locations across the United States. This makes UClean the first business of its sort in India to operate in 100 different locations, and it makes it the largest network of laundry outlets in the country.
- Investment Required – Rs. 15 lakhs approx.
- Space Required – 3000 sq. ft.
When it comes to India’s laundry and dry cleaning services, TumbleDry is your best bet. This washing service has over 500 locations in 180+ cities around India. In 2019, Gaurav Teotia launched his wildly popular laundry service.
This company has its sights set on increasing its presence in the Indian market by providing high-quality laundry service right to your door. One TumbleDry franchise is planned for every 10,000 homes in the future.
- Investment Required – Rs 15-20 lakhs
- Space Required – 1000 sq. ft.
4. Pick My Laundry
To use Pick My Laundry, download the app from the Play Store or the App Store on your mobile device. To clean and dry clean clothes, this business does not employ the use of any potentially dangerous chemicals.
They work to keep the country as environmentally pleasant as possible. Furthermore, its franchises are governed by a uniform set of policies and procedures.
Three graduates of the Indian Institute of Technology—Gaurav Agrawal, Ankur Jain, and Samar Sisodia—started the company in May 2015.
- Investment Required – Rs 30-35 lakhs
- Space Required – 200-1200 sq. ft.
5. The Laundry Bag
If you need your clothes laundered or dry cleaned in India, go no further than Laundry Bag. This commercial laundry service has its finger on the pulse of all the newest innovations in laundry cleaning equipment, techniques, and troubleshooting strategies.
Other than that, they consistently adhere to the highest quality standards in the industry. Their product is eco-friendly, low-priced, technologically advanced, high-quality, and delivered quickly.
They are an ISO-approved business with the intention of providing customers with only water-based cleaning products.
- Investment Required – Rs. 20-22 lakhs
- Space Required – 700-800 sq. ft.
Benefits of Starting a Laundry Franchise Business in India
Starting a laundry franchise in India is a profitable opportunity for various reasons. Let us look at a few.
- Recession-Proof Business Opportunity – This is a business which will not be affected in the event of any recession or other downturns in the economy.
- Minimal Inventory – The equipment to start a laundry franchise in India, requires very minimal equipment and can be started as quickly as possible.
- Online / Offline Service – This is an opportunity which can be accessed online as well as offline. Nonetheless, many laundry businesses in India have launched their apps like other sectors leading to expansion.
- Automation – The requirement of staff to run the outlet is minimal this is fully operational by automation.
- Competitive – Though there are high levels of competition in this sector, the returns on investment are comparatively quite high.
Therefore, to sum up, the laundry business in India is highly profitable, has great scope of expansion, involves low risks and is a hassle-free business to start in India.
Laundry & Dry Cleaning Franchising FAQs
Q.1. How much is the cost to start a laundry franchise in India?
Depending on the franchisor and the location, the total investment value paid for a laundry franchise could be different. However, the minimum required to purchase a laundry franchise in India is INR 10 Lakhs, which is inclusive of the INR 1 Lakh initial deposit.
Q.2. Is the laundry franchise business profitable in India?
Laundry services are one of India’s top 5 most lucrative industries, with a total market size of over 2.2 lakh crores in the current environment.
Q.3. What is the ROI one can expect from the laundry business in India?
It is reasonable for a laundry owner to anticipate a profit of between 25 and 35 per cent. However, your earnings are dependent on elements such as machine quality and performance, site selection, and advertising.
The Laundry industry is larger than several other sectors, including the Beauty and Wellness sector, the Fast Food sector, and the Medical Testing sector. It may come as a surprise to learn that 96 per cent of the laundry business is not regulated in any way.
Therefore, if you are looking to start a laundry franchise in India, you can get in touch with our consultants at Laundrywala for more details.
Disclaimer: The brands mentioned in this blog are the recommendations provided by the author. Real Estate Saudi does not claim to work with these brands / represent them / or are associated with them in any manner. Investors and prospective franchisees are to do their own due diligence before investing in any franchise business at their own risk and discretion. Real Estate Saudi or its Directors disclaim any liability or risks arising out of any transactions that may take place due to the information provided in this blog.