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How Lucrative Is Dry Cleaning Business? - Business (3) - Nairaland

Nairaland ForumNairaland GeneralBusinessHow Lucrative Is Dry Cleaning Business? (19104 Views)

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Re: How Lucrative Is Dry Cleaning Business? by Newyorkitis(m): 10:33pm On Oct 21, 2024
qtx:
dont hire staff and pay salaries, rather pay based on commission bc there could be days u dont make enough so u no go borrow to pay wages.
You want to teach him how to enslave people abi?
Will you work anywhere it is based in commission if you are not desperate?
Re: How Lucrative Is Dry Cleaning Business? by GloriousGbola: 10:51pm On Oct 21, 2024
Nazgul:
All these budget for odinary dry cleaning business. Anyone who spends this kind of money to follow your budget would never recover his principal even after 10 years. 😏
all these are costs that you will face and you have to decide how to run them

any business that involves washing will use up water and soap

normal family will take a week to use 2000 litres of water. a laundry can do 5000 litres in a day. [experienced this with car wash business]

once you have any kind of sign, lasaa will come for you, though it is usually annual fee

local govt will have their made up charges

most businesses in lagos have some kind of union or association - the other day i read there is a bakers union - they have dues and they regulate pricing

as a parent, i am aggravated by the way the rest of the family uses soap and detergent and water. i find it wasteful. well, you are going to multiply that for your business - and worse, you dont have any actual experience so you cant actually tell immediately how much detergent is required for a wash, what is the best value detergent out there, etc.
Re: How Lucrative Is Dry Cleaning Business? by MrPresidon: 12:46am On Oct 22, 2024
Nazgul:
I do pay deposit for any clothes I give to my dry cleaner those days before I got washing machine. And even if I don't pay deposit, I must make full payment before collecting my clothes.

That's how they operate. No dry cleaner would give you your clothes if you haven't made complete payment. Once you start doing that, you're weeks away to the end of your business.
That's because you understand terms and conditions of the business. Most Nigerians don't, and they don't like to do things properly.

I also feel the business owners are partly to be blamed. Many of them familiarise themselves too much with their customers hence creating room to compromise business policy with those customers. You know how Nigerians love to do things on a paddy-paddy basis.

I run a service business also and one thing I don't joke with is my payment policy (at least 70% upfront payment before work). I have had issues where clients will not want to pay due to one excuse or another but if heaven likes, let it fall, I will not do any work without collecting payment first. Some people will even say that I'm chasing away customers with my "harsh policy" but I say its better that they choose to go over payment policy than bad service. Whoever understands the value I create will continue to patronise me, and of course I try to maintain the best service.

Some even say that I'm not friendly, but in business we don't make friends, we make money. wink
Re: How Lucrative Is Dry Cleaning Business? by Gerrard59(m): 5:02am On Oct 22, 2024
Nazgul:
So I was discussing with someone earlier today and he was telling me that he spends about 24k to dry clean his clothes every weekend. He went on to tell me that his dry cleaner told him that he makes between 70k-100k per day from customers. I know that despite the harsh economy, people still patronize their dry cleaners. But that 70-100k which he told me he's dry cleaner makes is really tempting me to go into the business. I know some dry cleaning services within my neighborhood, and even though they look good and even have staffs which they pay, I can't give a rough estimate of their earnings.

That's why I brought it here to seek public opinions from those who might know better; as to whether it's possible to make such money in a day or whether it's as lucrative as it's being projected. Cos I'm already thinking of starting the business and employing people to manage it.
Those are revenues, not profits. What is his profit margin? Also, how long has he been in the business? Who are his clientele?
Re: How Lucrative Is Dry Cleaning Business? by Gerrard59(m): 5:05am On Oct 22, 2024
MrPresidon:
That's because you understand terms and conditions of the business. Most Nigerians don't, and they don't like to do things properly.

I also feel the business owners are partly to be blamed. Many of them familiarise themselves too much with their customers hence creating room to compromise business policy with those customers. You know how Nigerians love to do things on a paddy-paddy basis.

I run a service business also and one thing I don't joke with is my payment policy (at least 70% upfront payment before work). I have had issues where clients will not want to pay due to one excuse or another but if heaven likes, let it fall, I will not do any work without collecting payment first. Some people will even say that I'm chasing away customers with my "harsh policy" but I say its better that they choose to go over payment policy than bad service. Whoever understands the value I create will continue to patronise me, and of course I try to maintain the best service.

Some even say that I'm not friendly, but in business we don't make friends, we make money. wink
Your business would prosper.

If in Japan where the natives are largely honest, dry cleaning businesses request for FULL PAYMENT after the collection of clothes, then you are on the right path by requesting for 70%. Anyone does not like it should buy bucket and OMO.
Re: How Lucrative Is Dry Cleaning Business? by qtx(m): 11:21am On Oct 22, 2024
Newyorkitis:
You want to teach him how to enslave people abi?
Will you work anywhere it is based in commission if you are not desperate?
There is nothing without advantage. Commission-based work has its own advantages. For example some of the benefits include:
Unlimited earning portfolio,Independence ,Flexible schedule,Clear metric for success etc.
In fact there are people who will tell you they cant tie themselves down for such a job but would prefer something they can come and do and move on to do something else . So, it depends on how you are seeing it. The fact that you dont like it does not mean everyone will also not prefer it. Also, the business owner as well set up biz for profit and not for charity.
Re: How Lucrative Is Dry Cleaning Business? by Nazgul(op): 12:48pm On Oct 23, 2024
GloriousGbola:
All these are costs that you will face and you have to decide how to run them

any business that involves washing will use up water and soap

normal family will take a week to use 2000 litres of water. a laundry can do 5000 litres in a day. [experienced this with car wash business]

once you have any kind of sign, lasaa will come for you, though it is usually annual fee

local govt will have their made up charges

most businesses in lagos have some kind of union or association - the other day i read there is a bakers union - they have dues and they regulate pricing

as a parent, i am aggravated by the way the rest of the family uses soap and detergent and water. i find it wasteful. well, you are going to multiply that for your business - and worse, you dont have any actual experience so you cant actually tell immediately how much detergent is required for a wash, what is the best value detergent out there, etc.
I agree with you. That's why I brought it here so that I'll hear from experts cos I'm just a novice in the business. The only thing motivating me was the income he told me he was making.
Re: How Lucrative Is Dry Cleaning Business? by Nazgul(op): 1:02pm On Oct 23, 2024
MrPresidon:
That's because you understand terms and conditions of the business. Most Nigerians don't, and they don't like to do things properly.

I also feel the business owners are partly to be blamed. Many of them familiarise themselves too much with their customers hence creating room to compromise business policy with those customers. You know how Nigerians love to do things on a paddy-paddy basis.

I run a service business also and one thing I don't joke with is my payment policy (at least 70% upfront payment before work). I have had issues where clients will not want to pay due to one excuse or another but if heaven likes, let it fall, I will not do any work without collecting payment first. Some people will even say that I'm chasing away customers with my "harsh policy" but I say its better that they choose to go over payment policy than bad service. Whoever understands the value I create will continue to patronise me, and of course I try to maintain the best service.

Some even say that I'm not friendly, but in business we don't make friends, we make money. wink
I agree with you on this. Cos even owners of provision shops within my neighborhood suffer from this credit madness.

Most people take advantage of the fact that because they're friendly with you, they can keep collecting provisions from you on credit. Some wouldn't even pay up after months of debt. Thus making the owners of such business to keep struggling to stay afloat.

The only way around this is to be very firm with your customers like you rightful pointed out. Cos once they know that you're a no nonsense person, they won't joke with your money.
Re: How Lucrative Is Dry Cleaning Business? by Nazgul(op): 1:05pm On Oct 23, 2024
Gerrard59:
Those are revenues, not profits. What is his profit margin? Also, how long has he been in the business? Who are his clientele?
See eh, I don't know. That's why I brought it here so that people in the business can give me an insight on whether it's possible to sustain that kind of revenue for a long time in this economy.
Re: How Lucrative Is Dry Cleaning Business? by Gbadugbakun(m): 3:46pm On Oct 23, 2024
It's a good business but like every other businesses, you must do your due deligence well so that you won't run into debts.
Re: How Lucrative Is Dry Cleaning Business? by McAausim: 8:52am On Oct 29, 2024
Vision101:
I use drycleaner. I spend a reasonable amount. The key is know the job well. Be very good at fabric care. You must operate it yourself and maybe have assistants. I have been using a particular one for some years now. He is far from my residence. There are some very close to my residence but I have been afraid to use them. A few times that I tried they disappointed. Most of them can damage your cloth. Drycleanimg is not wash and iron only. It's a skill. I can wash and iron but I'm not a drycleaner.

My long time laundry man has decided to go into another business and he now only takes material from selected clients. I have been earnestly searching for alternative but I have not found.
Sir, where are you located...?? Am a professional laundry man
Re: How Lucrative Is Dry Cleaning Business? by McAausim: 8:59am On Oct 29, 2024
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Re: How Lucrative Is Dry Cleaning Business? by Vision101(m): 3:56pm On Oct 29, 2024
McAausim:
Sir, where are you located...?? Am a professional laundry man
I live in Lagos but I work in Aba. My laundry needs now is majorly in Aba.
Re: How Lucrative Is Dry Cleaning Business? by mezeadichie: 9:17pm On Jan 03, 2025
10 Reasons You Need to Outsource Your Laundry

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If you’re a business, outsourcing your laundry gives your employees time to focus on the tasks that actually bring in money.

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Conclusion
Outsourcing your laundry isn’t just about saving time. It’s about improving your quality of life. Imagine what happens when you no longer worry about how many dirty clothes you have, some outfits you’ve not ironed but need for an occasion, or the cost of doing your laundry at home. Think about the cost of buying a washing machine, dryer, and other laundry materials like detergents and chemicals.
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Re: How Lucrative Is Dry Cleaning Business? by Slickszoom(m): 3:08pm On Jan 08, 2025
We4all:
Are clients not supposed to pay in advance before you work on their clothes? It is standard procedure to make advance payment to service providers, and there is no debating on that.
You mean standard procedure in other civilized climes not in Nigeria. Nigerians hardly sticks to standard procedure they prefer the easier route.
This can only work when you insist and even when it does, it will reduce your customer base.
Re: How Lucrative Is Dry Cleaning Business? by Theophinio(m): 3:41pm On Mar 28, 2025
Sheuns:
Try a laundromat instead. That one people can choose to wash the clothes themselves and get it in few hours.

Laundromat is expensive to set up as you’ll require industrial washing machines and driers. I prefer laundromats to traditional dry cleaners because I get my clothes same day I drop them.

I use traditional dry cleaning for few clothes.
Laundromat is the best, though very capital intensive but location matters greatly
Re: How Lucrative Is Dry Cleaning Business? by Buddy0: 7:04pm On Jul 17, 2025
Hi Nazgul

I’ve been a keen follower of your Daily Rant diary. I’m also a remote software developer — not freelance, but working a full-time job.

Your post about n8n automation really caught my attention. I’d love to explore it further with you. Of course, I can do my own research and gather free and paid resources to learn it, but I’d much rather have an accountability partner to help me stay disciplined.

If you’re open to it and I won’t be too much of a bother, I’d love for us to learn this new field together.
Re: How Lucrative Is Dry Cleaning Business? by Nazgul(op): 8:18pm On Jul 17, 2025
Buddy0:
Hi Nazgul

I’ve been a keen follower of your Daily Rant diary. I’m also a remote software developer — not freelance, but working a full-time job.

Your post about n8n automation really caught my attention. I’d love to explore it further with you. Of course, I can do my own research and gather free and paid resources to learn it, but I’d much rather have an accountability partner to help me stay disciplined.

If you’re open to it and I won’t be too much of a bother, I’d love for us to learn this new field together.
I haven't started the course yet. And I'm not even planning to start this July cos I have a lot of workload this month. I want to start when I have less work load so I can have enough time to learn it properly.

Besides the guy was asking for 1m, and I'm still telling him to stop being greedy. So don't wait for me. Just continue with your independent research.
Re: How Lucrative Is Dry Cleaning Business? by GloriousGbola: 7:07am On Jul 18, 2025
Nazgul:
I haven't started the course yet. And I'm not even planning to start this July cos I have a lot of workload this month. I want to start when I have less work load so I can have enough time to learn it properly.

Besides the guy was asking for 1m, and I'm still telling him to stop being greedy. So don't wait for me. Just continue with your independent research.
Are you sure you cannot find udemy or LinkedIn video tutorials on the high seas for this?
Re: How Lucrative Is Dry Cleaning Business? by Nazgul(op): 9:47am On Jul 18, 2025
GloriousGbola:
Are you sure you cannot find udemy or LinkedIn video tutorials on the high seas for this?
I can I just want to see if I can beat his price to a reasonable figure. If I can't I'll just free him.

Another thing he promised me which made me cling to him was that he'll give me gigs he gets to work on as my projects.

But like I said earlier, we're just too greedy in this country.
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