Laundry Outlet – Sabah

Laundry Outlet – Sabah

Project Cost: RM80,000

Amount Invested : RM10,000

Amount Required : RM70,000

Knowledge / Experience Required:
strategy
finance
sale & marketing

Proposed Investor’s Role:
as mentor
as consultant

Industry: consumer goods

Project Stage: start-up

Information Memorandum:

Arm with knowledge gained from my partner’s work experience in her previous company of which also operating a large laundry factory, I am planning to open up a laundry outlet at Cyber Square, Jalan Ganang with a total cost of USD26,150.00. The project cost inclusive of purchase of equipment, pre-operation expenses and working capital for 3 months. From the total start up cost, I plan to obtain financial assistant amounting USD24,650.00 whereas I would be able to contribute a sum of USD1,500.

Cyber Square is a very strategic location for Laundry outlet as it is easily accessible from the main road. It is also located near the Kota Kinabalu International Airport, Rafflesia Medical Centre, 2 apartments consist of a total 3312 units of apartment and a housing consist of 400 units residential units. Another 4 more housing projects is currently under development and shall provide more business opportunity in the near future. There is only 1 other laundry outlet in the said area, I am confident with better service, longer operating hours and more competitive pricing, our laundry outlet is able to compete and control at least 50% of the market size.

Our laundry outlet provide services as such normal cleaning, cleaning of comforter, bed sheet, curtain, ironing and others.

Based on the current market trend and our observation, the demand for laundry services is on the rise, especially among the younger generation who are busy with daily lives and longer working hour. The increasing needs for comfortable living and fast, efficient service quality also contribute to a positive scenario for future of laundry service market.

I hope with your assistant, I shall be able to make this plan a reality and develop the potential of this business thus improve our quality of life.

Contact Information

Chalvador Masandul ( chalz.cncm@gmail.com)

Postal Address : Lot F-216, Ganang Villa, Jalan Ganang, 88200 Kota Kinabalu
State : Sabah
Post Code : 88200
Country : Malaysia

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