7 Washing Machine Manufacturer Success Stories [2024]
The global washing machine market size is projected to grow to 80.24 billion over the next few years at a CAGR of 5.5% in the same period.
The market growth is because consumers have become inclined toward automated household chores and the products ability to save time, eliminate physical effort, and reduce drying time, especially in winter.
You can start the laundry machine manufacturing business as a proprietorship or a partnership enterprise.
Here are some real life success stories of starting a washing machine manufacturer:
1. Omegasonics ($8.5M/year)
Frank and Sandy Pedeflous purchased a small business called Ultrasonic Blind Cleaning Systems and transformed it into Omegasonics, a company that manufactures industrial ultrasonic equipment for environmentally-friendly cleaning. With annual revenues of approximately $10 million, the couple has found success in various industries, including Indy race car teams, the military, aerospace, and the PPE market. Their early adoption of internet marketing and strategic advertising have contributed to their growth and market share.
How much they make: $8.5M/year
How much did it cost to start: $700K
Current team size: 25
This case study follows the story of a couple who bought a profitable but limited manufacturing company for $535,000, revamped it, and took it in a new direction to grow their annual revenues to approximately $10,000,000 by developing ultrasonic equipment that addressed industrial cleaning using water-based detergents instead of environmentally toxic solvents.
So... can you actually make money with a washing machine manufacturer?
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:
4. ao.com
AO - the online electricals store. Incredible deals, free delivery and price match on the best range of washing machines, fridge freezers, laptops and more.
Where they're located: Washington D.C., Washington, D.C., USA
Website traffic: 9.37M/month
5. Welcome to Miele – Immer Besser
Where they're located: Manhattan Community Board 1, New York, USA
Website traffic: 390K/month
So... can you actually make money with a washing machine manufacturer?
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:
7. Vacuum Cleaners
Vacuum cleaners from Hoover featuring the best new and reconditioned models, including powerful upright vacuums, easy to use canister style vacuums, deep cleaning carpet cleaners, and specialty hard surface vacuums. Genuine Hoover parts, filters, and vacuum cleaner accessories shipped direct to you.
Where they're located: El Paso, Texas, USA
Website traffic: 740K/month
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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