Shoe laundry is one of the most trending and profitable business these days. This industry is poised to grow in future. According to industry experts, the global footwear industry is expected to reach $3,71.8 billion by 2020, a CAGR growth of 5.5% during the years 2015-2020.
And any individual can start this business by various ways according to his or her budget. Here, we put every detail of starting a shoe laundry business with low investment.
Shoe laundry business includes the services of collecting shoes, getting them cleaned and repaired if required, making delivery the shoes at client’s doorsteps and getting the payments.
Additionally, you can offer different services like cleaning, washing, repairs, color correction, maintenance services, footwear restoration etc.
However, this business is not perfect for rural areas and small towns. You can expect demand for this kind of services more in the metro cities. However, you can start this business in suburban areas also.
Shoe Laundry Business Model
There are various ways, you can start this business. First of all, you can start this business by owning a franchise. This is the safest and legitimate ways for the beginners.
You can also start this business from home. In this format, you must have some experience and knowledge about the business. If you have a space for operation, you can setup this business at home. In that case, you have to specify a space for washing, storage and official work including delivery.
Another most lucrative option is starting the business from a retail store. If you can’t secure a big space, you can get a small retail place for taking orders and making delivery only. And in that case, you will need to set up the washing area in some other places.
Investment For Shoe Laundry Business
So, the investment fully depends on the business model you choose. However, you have to invest money for the purchasing of machinery, equipment and washing ingredients.
Additionally, if you are not operating the business from home, you will need to invest to secure the place. Furthermore, there is some cost involved in the manpower hiring, office equipment purchasing, packaging etc.
Therefore, crafting a shoe laundry business financial plan is highly recommended.
Shoe Laundry Equipment
Mainly, you will need to procure show washing machine, drying machine etc. There are different types of machine you will get in the market. However, choose the machine according to your specific demand.
Also, there are several companies who offer customized services. Additionally, they can set up a complete shoe laundry washing room for you with every needed equipment and tools.
How To Promote Shoe Laundry
You can promote this business in various ways. However, you must have some creative ideas for promotion.
Use a packaging material with your company name printed. And clearly print the office address, contact number, and website.
Offer doorstep service. Collect the shoes from the client’s home and make the on-time delivery.
Make your business available in all the offline and online local classifieds. Additionally, promote your shoe laundry business on the social media platforms.