II. Company Overview
This Section's Contents
You can download our Business Plan Template (including a full, customizable financial model) to your computer here.
Who is [Company Name]?
[Company Name] is a local laundromat that caters to individuals and businesses in [location]. It features 50 top-of-the-line washing machines and dryers, so it can accommodate a large number of customers at a time.
In addition to do-it-yourself laundry services, [Company Name] also offers drop-off services where we will wash, dry and fold your laundry for you.
[Company Name] will be open 24 hours a day and offer complimentary wi-fi, coffee, televisions and vending machines.
The laundromat will also have an attendant on duty to help with any laundry issues.
[Company Name]’s History
In [year], [Company Name] was founded by business consultant [Founder’s Name]. After years of spending her days off doing laundry and not having enough quality time with her family, she decided to start a business that would address her needs. She later found out that other working moms without helpers are struggling with juggling their time with work and chores. Having a laundromat handle loads of laundry for a reasonable cost is a huge help not just to busy moms, but also to college students and young professionals.
[Company Name]’s Products/Services
The following are the services that [Company Name] will be able to provide to its clients:
- DIY, coin-operated wash and dry
- Drop-off wash, dry and fold
- Laundry delivery and pick-up