Laundromat Business Plan - 2351 Words

Laura’s Laundromat The Eco-Friendly Laundromat Business Plan March 1, 2009 403 S. Czech Hall Road Yukon, OK 73099 405-577-5651 LaurasLaundromat@yahoo.com www.LaurasLaundromat.com 1 INDEX 1.0 1.1 1.2 1.3 2.0 2.1 2.2 2.3 3.0 3.1 4.0 5.0 6.0 7.0 8.0 9.0 Executive Summary Objectives Mission Keys to Success Company Summary Company Ownership Startup Summary Location Equipment Permits Local Competition Marketing / Advertisement / Operations Store Layout Demographics Industry Summary Monthly Projected Income Proforma 10.0 Attachments 11.0 Additional income source 12.0 Investor Return 2 1.0 Executive Summary Laura’s Laundromat is a startup laundromat that will target a customer base of low to middle income renters or owners. Laura’s†¦show more content†¦Investors will be sought to provide the startup cost for land acquisition and building construction. A conventional loan will be used for the remainder of the costs. Mrs. Ridley will be responsible for making the monthly payments each month. (See table 2A). Table 2A Land Furniture Security Cameras Personal Computer 5 TV’s with mounts Exercise Equipment Vending Machine Misc. Expenses Construction Sub totals Equipment Total Estimated Amount $365,000 $10,000 $3,500 $3,500 $5,000 $4,000 $4,500 $5,000 $500,000 $900,500 $242,000 $1,142,500 Budget Amount $365,000 $10,000 $3,500 $3,500 $5,000 $4,000 $4,500 $5,000 $500,000 $900,500 $242,000 $1,142,500 2.3 Location Laura’s Laundromat’s office will be located at 403 S. Czech Hall Road, Yukon, Oklahoma. The location of the store is essential to acquiring the target customer base of low to middle income renters and home owners since it is located in an area that has a heavy concentration of apartment complexes. Laura’s Laundromat will be located approximately 3.0 miles from nearest competitor to the north and 6.0 miles from the nearest competitor to the south. More about competitors and their stores are described later in detail. Utilities will be provided as follows: Oklahoma Gas Electric for all electric, Oklahoma Natural Gas for natural gas, The City of Oklahoma City for water, sewer and garbage, Cox Communications for cable and ATT for phone and internetShow MoreRelatedThe Vision, Scope, And Objective For The Recommendation Project Plan1575 Words   |  7 Pagesfor the recommendation project plan for the expansion of JOHN’s Laundromat in downtown Tamp a to provide laundry services to a specific segment of its market demographic. The vision of the project is to create a new type of services for professional employees and business people in its area in order to boost sale revenues and increase its profit margin. Since JOHN’s Laundromat started in 2004, the company has been operating as a full- service coin operated Laundromat providing great and friendly servicesRead MoreCoffee Shop Business Plan8541 Words   |  35 PagesTable of Contents 1. Executive Summary 2. General Company Description 3. 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