The shoe laundry business concept is new. For a person living in a metro city where the population densities of ultra-busy people are high, a shoe laundry will be a perfect business idea for him.
The awareness of hygiene and footwear care is increasing day by day among people. Everyone wants to have clean shoes, mainly sports shoes after every use. But actually, most of us don’t know how to clean it properly.
Footwear sales are expected to increase in the coming years. As per the latest study, casual footwear is projected to grow by a CAGR of 4.4% from 2019 to 2025. Hence, it can be concluded that the shoe laundry market volume is poised for good growth in the near future.
One can start this business by buying a franchise or can initiate as a home-based with low start-up capital. The shoe laundry business includes the services of collecting shoes, getting them cleaned and repaired if required, making delivery of the shoes to the client’s doorsteps, and getting the payments.
Here are the 10 Steps to Start a Shoe Laundry Business
1. Understand the Local Market
Before starting a shoe laundry, it is extremely important to know the local market. Generally, this business flourishes in big cities having high-end customers. Conduct market research and gather information regarding the market size, trends, and local competition. Based on the information, plan the business and explore the opportunities.
2. Decide on Your Target Market
Initially, it is most important to select a niche target audience, to whom you will be catering. Broadly you categorize the shoe-care market into formal, casual, sneakers, and sports shoes. When you create customer confidence in any of the niches, then you can scale it up at the appropriate time.
3. Name Your Business
Choosing the right name is another very important factor for a successful business. Your name must be catchy and attractive so that customers can easily relate to your services.
You can check our guide on how to name a business.
4. Shoe Laundry Business Plan
It is important to have a detailed business plan before you start this business. Before going into the shoe laundry business, write down the entire process (SOP) about how you are going to give services to your clients.
Determine who will be your target audience and how you will going to promote your business. Also, calculate a start-up budget and expected revenue return.
Some of the basic aspects your shoe laundry business plan must address are the following:
- What are the startup and recurring costs?
- Your target customers
- Pricing strategy
- Where and how to sell shoe laundry services?
5. Licenses & Permits
As with any other business, the shoe wash business will also require licenses to operate in your locality. Check with the local authority, and procure the permits needed to start and run.
Do not forget to register your business if you are looking to run a hassle-free legally compliant business venture. Every state and country provides different company formation structures. However, if you are a beginner with a low budget, the proprietorship is the most popular option.
6. Shoe Laundry Setup – Tools & Equipment
To start a shoe laundry, you will need to have space for laundry operation. Consider having some workspace for office operations like getting an order, delivery schedule, billing, etc. You will need to have some equipment like a shoe washing machine, a drying machine, etc.
Procure machinery as per your requirement from reliable suppliers. Customized machines are available in the market. Also, you will need to have cleaning solutions. Different type of solution is required for different kind of shoes. Below are listed are some of the common tools required to do shoe cleaning jobs:
- Shoe cleaning machine
- Drying machine
- Cleaning solutions
- Leather protector
- Shining cloths
- Shoe Polishes
- Tools to repair shoes
7. Cost of Starting a Shoe Laundry Business
The cost and investment will largely depend on the size and scale of the business. The major cost includes retail space, equipment, raw materials, manpower, and marketing. On average one can start a small shoe laundry business with a minimum investment of $25,00.
8. Set Pricing
It is important to set the proper right pricing for your shoe laundry services. Check how much existing local shoe laundry business owners are charging for their services. It is suggested to add more value to your service offerings and set a price that can generate good profit.
9. Hire Skilled Manpower
Hire professional manpower for shoe cleaning. As this is a service industry, getting success is all about making customers satisfied with a good quality job while sticking to the timeline. Hire experienced manpower that has adequate knowledge about shoe cleaning.
Also, Check: How to Start Laundry and Dry Cleaning Business
10. Promote Your Shoe Laundry Business
Start advertising locally to let your customers know about your service. Create a website detailing the services you are offering.
Also, initiate an online order system where people can get an instant quotation of their specific requirements and can ask to collect. The hotel industry can be a very good client base for your shoe laundry business. Contact them with your entire service range and price module.
About the Author: 99businessideas.com led by Rupak Chakrabarty is committed to helping beginners, entrepreneurs, and small business owners in starting, managing, and growing their business. Our aim is to educate the entrepreneur on the various stages of entrepreneurship.