A Franchise Business Profitable In Every City

  • Amrita Singh
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A Franchise Business Profitable in Every City copy
A Franchise Business Profitable in Every City copy

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For a business to be profitable and scalable, industry size is the most important parameter. Only when there is sufficient demand (latent or obvious) for a product or service, businesses get created to serve that demand profitably.

One business that has been flying under the radar for the last 5-6 years is that of laundry & dry cleaning. Not many people know that this industry is so big that it is nearly 2x the size of Beauty & Wellness, Fast Food Restaurants, and Diagnostic Labs combined together.

As per Forbes, size of laundry & dry clean industry including shoe cleaning, carpet cleaning, and similar cleaning jobs is $76 bn which is double the size of beauty & wellness industry (including  fitness & sliming centres, gyms, nutraceuticals, health supplements, salons, ayurvedic therapies, herbal therapies, spa, and cosmetic treatment), fast food industry which includes major food chains like Dominos, McDonalds, Burger King, KFC and diagnostic labs industry which includes major chains like SRL, Dr Lal, etc combined together.

Laundry is the 3rd largest Industry Of India
Laundry is the 3rd largest Industry Of India

Laundry industry has been low key in the media till recently because of the lack of national brands. However, situation has changed dramatically now with huge investments coming in the industry, and lots of pan India brands emerging. This industry is now expected to explode just like food delivery (Swiggy, Zomato), UPI payments (PayTM, Phonepe), and online cabs (Ola, Uber).

Several franchise brands have been gaining prominence in the laundry industry such as Tumbledry, Dhobilite, and Pick My Laundry – however, one brand that has really stood out is Tumbledry. Their franchise model has grown the fastest in the last 2 years and has been featured recently in Clean India Journal as well (Read: How a laundry franchise grew from zero to 150 stores during a pandemic).

For Franchise Queries

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Moreover, Tumbledry stores are running profitable as well, and that can be gauged from the fact that 30% of their franchises have taken 2nd or more stores (Read: 30% Tumbledry franchises have taken multiple stores). Also, their customer revenue has grown 40% even during covid & lockdown times – which speak volumes regarding their:

  • Great customer service offering
  • Robust processes
  • Customer trust in their covid safety protocols
  • Digital strength (digital marketing, customer app) – as businesses are going digital in post covid era

Also, Tumbledry is a rare franchise brand with a national footprint across metros, state capitals and tier 2 & 3 towns (like Faizabad, Gorakhpur, Aurangabad, Alibaug, Patiala, Karim Nagar, Haldwani etc.). It is the uniqueness & robustness of their service model that is making them profitable, and hugely lucrative to potential franchise prospects in every city. No wonder then that despite covid pandemic, they have been on such a growth spree.

Tumbledry quarter on quarter growth
Tumbledry quarter on quarter growth

Interested in Tumbledry Franchise? Contact team Tumbledry to know the details.

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