- Stable Revenue Generation:
- Average monthly sales of AED 65,000.00
- Yearly sales average of AED 780,000.00
- Profitability:
- Average monthly net profit of AED 31,500.00
- Annual net profit of AED 376,000.00
- Asset Value:
- Tangible assets valued at AED 127,350.00
- EBITDA Margin:
- EBITDA margin of 55%
- Sales Growth Over Two Years:
- 2021: AED 636,782.37
- 2022: AED 694,504.54
- 2023: AED 761,414.24
- Growing Customer Base:
- 2021: 6,488 invoice counts
- 2022: 7,453 invoice counts
- 2023: 8,500 invoice counts
- Recurring Customer Base:
- Established by the nature of laundry services
- Location in Dubai Marina:
- Prime location with a mix of residents and businesses
- Investment in Technology and Quality:
- Plans to upgrade software, website, app, and POS system
Dry cleaning: offers quick, environment-friendly, and quality dry cleaning solutions for clothes, carpets, and shoes. They use a special process that removes stains and dirt without damaging the fabric or color. They also provide pickup and delivery services for their customers’ convenience.
Wash and fold: also provides wash and fold services for clothes that do not require dry cleaning. They use high-quality detergents and softeners to ensure the clothes are clean and fresh. They also sort, fold, and pack the clothes neatly for easy storage.
Carpet cleaning: offers carpet cleaning services for both residential and commercial spaces.
Shoe laundry: also offers shoe laundry services for all types of shoes, including leather, suede, canvas, and sports shoes.
The users of these products and services are mostly residents and visitors of Dubai Marina, a luxurious waterfront community that offers a high standard of living. They use these products and services to maintain their personal hygiene, appearance, and comfort, as well as to protect their valuable belongings from wear and tear. They also use these products and services to save time and hassle, as they can rely on to take care of their laundry and cleaning needs.
Our facility is located in a prime location in Dubai Marina, near the Marina Walk and the Jumeirah Beach Residence. It is a spacious and modern shop with a built-up area of 900 sqf. It has one floor that includes a reception area, a waiting lounge, a processing area. We have a rental agreement with the landlord that requires us to pay 130,000 AED per year in four cheques. We also provide staff accommodation for our employees, which costs us 26,400 AED per year in four cheques. Our facility is well-equipped, as well as eco-friendly products and processes. We maintain a high standard of hygiene and safety for our customers and staff.
In a competitive landscape, distinguishes itself through its strategic location, loyal customer base, and dedication to quality services. The laundry and dry cleaning market in Dubai Marina presents ample growth prospects, and with planned investments, the business aims to stay ahead by introducing new services, adopting advanced technology, and expanding its geographical reach. The commitment to marketing promotions, loyalty programs, and customer-centric strategies positions for sustained success and a prominent position in the thriving Dubai Marina market.