Profitability of Laundry Businesses in South Africa
A laundry business is profitable in South Africa. Growth in the industry is 5-10% per year, with laundromats making $15,000-$300,000 annually.
Steps to Start a Laundry Business
- Do market research
- Choose business model
- Develop business plan
- Buy equipment
- Market your laundry business
Startup Costs
Startup costs for a laundry business in South Africa range from R200,000 to R500,000.
Investment Perspective on Laundromats in South Africa
Laundromats can be highly profitable and flexible in South Africa, making them an attractive investment opportunity.
Pricing and Costs
- Wash and fold service costs R44 per kg (min 5 kg)
- Ironing only costs R35 per kg
- Curtain washing is R72 per kg
- Couch covers are R78 per kg
- Startup costs range from R100,000 to over R1 million
To attract and retain customers, provide quality service, fair prices, loyalty programs, convenient booking and payment options, and good customer support.