5 Laundry Business Success Stories [2024]
Starting a laundry business can be a fulfilling and lucrative venture for entrepreneurs looking to make a difference in their communities. With the right equipment and a commitment to providing excellent customer service, this business idea has the potential to thrive in a variety of locations.
One unique aspect of starting a laundry business is the opportunity to offer specialized services, such as eco-friendly detergent options or same-day turnaround for busy professionals. Additionally, partnering with local dry cleaners or offering pickup and delivery services can set your business apart from competitors and attract a loyal customer base.
In terms of upfront costs, starting a laundry business will require a significant investment in commercial-grade washing machines and dryers, as well as a convenient and well-located storefront. However, with the right marketing strategies and a focus on providing top-notch service, this investment can quickly pay off and result in a thriving business.
Overall, starting a laundry business is a rewarding and potentially profitable venture for entrepreneurs who are passionate about making a positive impact in their communities. With the right approach and a commitment to excellence, this business idea has the potential to succeed in a variety of settings.
Here are some real life success stories of starting a laundry business:
1. Elite DhobiLite Laundry Pvt. Ltd. ($318K/year)
Nishant Tripathi, the founder of Dhobilite, came up with the idea for his online laundry service after realizing the potential in the untapped Indian market. Despite not having any expertise in the industry, Nishant conducted extensive research and analysis, and with the help of his software background, he was able to disrupt the laundry market in 2015 by introducing smartphone technology and launching India's first app-based, on-demand cleaning service provider. Since then, Dhobilite has expanded to over 15 cities and has become a leader in the industry.
How much they make: $318K/year
How much did it cost to start: $80K
Current team size: 14
Dhobilite disrupted the laundry market in India by using smartphone technology and becoming India's first app-based, on-demand cleaning service provider, expanding to more than 15 cities, with 20+ stores and 30+ franchises, offering premium online dry cleaning and laundry services, with revenue equally distributed between dry-cleaning and laundry.
2. SudShare ($1M/year)
How much they make: $1M/year
Current team size: 25
SudShare, an app-based national laundry service, created by two Baltimore-based founders, is seeing 10-30% growth each month and has over 90,000 users across the United States, with plans to start serving commercial customers and go international in 2023 after raising $10M in seed round funding.
So... can you actually make money with a laundry business?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesn’t.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
3. Rosie Wash Express Laundry ($288K/year)
How much they make: $288K/year
Current team size: 4
Rosie Wash Express Laundry has doubled its income and expanded outside of its local area by introducing a wash-and-fold facility with pickup and delivery choices, generating $300K ARR and using Google My Business and loyalty programs to attract and retain customers.
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- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings