Professional Documents
Culture Documents
1. General information:
Industry analysis : Laundry is one of the needed services to everyone. These days most of the women go to work and not able to wash clothes at home and cost of labour is also increasing day by day. Many of the people who stay in hostels or rooms are not able to wash and iron their clothes. And also these days importance of hygienity is raising because of no. of skin diseases among people is increasing. These days grooming of individual is expected by every organization therefore well cleaned and pressed clothes are very important to all . Therefore many of the shops around Hubli and Dharwad are making good amount of money by giving these services. In Dharwad especially the dry cleaning and laundry services are not properly organized. There are few shops who run these services in a small setup where there is no assurance of quality of work and also hygienity. Most of the people are in need of these kind of services in a structured manner. Therefore there is a wide range of opportunities in this kind of business where there is growth opportunity.
Chetan B P MBA10001008
Project report on hygiene dry cleaning and laundry centre 2. Background and experience of the project promoter
in
service
Chetan B P MBA10001008
Project report on hygiene dry cleaning and laundry centre 3. Details of proposed project : Name of the enterprise : Hygiene dry cleaning and laundry centre. Location details : The shop will be located in one of the shopping complexes in Saptapur area of Dharwad. The location is selected because its a busy area with lot number of people coming for shopping and is good connected with no. of private and public transportation. There are two or more colleges situated and three to four coaching institutes , therefore number of hostels, p.gs and rooms are more in number and also surrounding there are few hospitals and large number of residences. Therefore demand for hygienic laundry services is more in this location. Objective of the project : Objective is to meet washing and ironing needs of the customers by keeping hygiene as top most priority and expand the business. Type of industry : Service industry Services offered : Dry cleaning and laundry Capacity : The proposed project is ie, laundry shop will be able to wash 20 clothes per day including blankets, sarees, pant and shirts, selwars and others. And also be able to press 220 clothes per day. Process details : Customers will come and give their clothes to wash and to press also. First the clothes will be segregated as washing and laundry or only laundry. Then the clothes are segregated such as pants shirts, selwars, sarees and blankets. These clothes are put in the washing machine with enough amount of water and then the timing is set according to clothes. Then it will be automatically dried and then clothes are pressed using iron box. Then it will be packed using news papers and handed over to customers. Details of land and building, plant and machinery, and other fixed assets.; Building: The building we need to take on rent which costs us Rs. 5000 every month and we have to pay deposit of Rs.50000 to the owner. Machinery: Electric iron box which costs Rs. 5000 Washing machine which costs Rs. 20000 Furniture: we will need one table and ward robe all around the shop. This costs us totally Rs. 27000. Infrastructure: a shop, power, and water facility.
Chetan B P MBA10001008
Project report on hygiene dry cleaning and laundry centre 4. Schedule of implementation : The project can be commenced within 1 month.
5. Project cost : Shop deposit Washing machine Iron box Furniture License fee Others Total 50000 20000 5000 27000 1000 2000 105000
expenses month detergent 100 Power 1500 water 200 bill wages 6000 rent 5000 total 12800
per
Chetan B P MBA10001008
Chetan B P MBA10001008
8. Profitability and cash flow estimates: Allocation of pre operative expenses: Asset Iron box Washing Machine Furniture Misc fixed assets Amount 5000 20000 27000 2000 54000 weight 0.092592593 0.37037037 0.5 0.037037037 total score 4722.2222 22 18888.888 89 25500 1888.8888 89 total value of asset 9722 38889 52500 3889
Note: Pre operative expenses include deposit given to the owner and licence fees paid to the local corporation .It amounts to 51000. That amount is multiplied with weights arrived and then it is allocated to respective assets.
Depreciation calculation:
particulars amount percentage of depreciation depreciation amount year 1 2 3 4 5 iron box 9722 10% 972.2 value after depreciation 8749.8 7777.6 6805.4 5833.2 4861 washing machine 38889 15% 5833.35 furnitu re 52500 10% 5250 misc 3889 10% 388.9 total
12444. 45
Chetan B P MBA10001008
1200 60000 18000 2400 72000 12444.45 166044.45 411155.55 0 411155.55 0 411155.55 12444.45 423600
1320 66000 19800 2640 79200 12444.45 181404.45 540095.55 0 540095.55 0 540095.55 12444.45 552540
1452 72600 21780 2904 87120 12444.4 5 198300. 45 667499. 55 0 667499. 55 0 667499. 55 12444.4 5 679944
1597.2 79860 23958 3194.4 95832 12444.45 216886.05 1343113.95 0 1343113.95 0 1343113.95 12444.45 1355558.4
Chetan B P MBA10001008
12444.45 423600
12444.45 552540
12444.4 5 679944
12444.45 1355558.4
12444. 45 14911 14
423600
552540
679944
1355558.4
14911 14
645095.55
1448113.95
9. Permission from local authorities: We have to take licence from Muncipal corporation of Dharwad and it will be renewed for every five years.
Chetan B P MBA10001008