Laundry

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Proposal for Laundry Business
Business Project
SUBMITTED BY:

NEXUS
SULEMAN ANJUM ERAM ARSHAD MUHAMMAD HANIF SANA ASGHAR FARWA MUQADAS FAIZA SHARIF
SUBMITTED TO:
09021920-050 09021920-100 09021920-092 09021920-040 09021920-004 09011920-070

Yasir Aftab Farooqi
University of Gujrat 2011

Company Summary
Star Laundry is a Partnership owned and operated company that provides laundry services targeting Middle, upper middle and high income class by providing them the complete laundry services with home delivery. Star laundry will be located at Sargodha Road, Gujrat.

Opportunity Analysis
We have a great opportunity to start the laundry business. There
[Submitted To.] | [ Yasir Aftab Farooqi]

are few dry cleaners in Gujrat they are at very low level. We have very good chance to get the 1st mover advantage and capture the market as there is no competitor in this area and area around the Gujrat. We will target the universities, hostels, hospital and those living in their homes and have no time for such things.

Project Time Lines
S. No 1 2 3 Activity Time Civil Works Machinery order and lay out Pre-opening operations (months) 2 3 1

[Proposal] | [ Business Project ]

The construction of civil works has been estimated to be completed in two months and the Machinery order, lay out and installation is estimated to have a time period of three months. The time required for pre-operations is one month. It also includes prelaunch advertisements on TV and in print media. The project time line may extend and cut back depending upon the start of activities on parallel basis or one after another.

Start-up Summary

1

2

Startup cost have been estimated and budgeted at 125,000. We partners will invest the capital for startup cost for land acquisition and building construction. A conventional loan will be used for the remainder of the costs. Following table shows the initial cost required.

Land Furniture Security Cameras 5 Personal Computer 5 TV¶s with mounts Vending Machine Misc. Expenses Construction Sub totals Equipment Total
[Assignment] | [Project Management]

Estimated Amount Rs 50,00,000 30,000 1,00,000 80,000 3,00,000 4,50,000 30,00,000 89,60,000 10,40,000 1,00,000,00

Budget Amount Rs 50,00,000 30,000 1,00,000 80,000 3,00,000 4,50,000 30,00,000 89,60,000 10,40,000 1,00,000,00

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