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QNR Laundry (Mobile App Based)

Vision
To provide modernized quality laundry
services to all at an affordable price.

Mission
Reach all the areas and
Business Vision and bring a good change in the
Mission lifestyle of the customers
Identified Problem

Limited time, especially for professionals and businesspeople, has

created the problems of getting their clothes and fabrics washed and

cleaned with clean water in Dhaka city.


Solution

Easy and reliable laundry services provided on time, using mobile app.
Market Opportunity Gap Analysis

Demand Supply

Existing demand for Existing supply of


cleaning and laundry services is cleaning and laundry services is
approximately 35,640 Kg of approximately 17,640 Kg of
different linens/ clothes in a Year. different linens/ clothes in a Year

There has a 51% imbalance in the Market.


Market Opportunity

BDT 18 Crore
Total Addressable Particulars Year 1 Year 2 Year 3
Market
Target Market 466,176 536,102 616,517
Corporate Govt. Institutional
Segments Job Holders, Jobholders, Client
BDT 13 Million Students Doctors
Serviceable
Our estimated
Addressable Market
Users 3,402 15,587 37,058
% Market
Penetration 0.73% 2.91% 6.01%

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Competitive Advantage

Customized Service Cost Leadershipp

Choice of detergent is
offered to users. Less Operating Costs:
Using Freelance Workers
Users can give detailed
washing instructions. Less Fixed Cost: Using
less ownership Model
Fragranced Washing
Competitors

Direct Indirect
Bandbox ,Top Clean and Washio, Calcutta Dry
Best Clean Ltd Cleaners

Potential

Small Local Dry Cleaners


who give home delivery
Services
COMPETITIVE GRID ANALYSIS

Name QnR Laundry Bandbox Best Clean Top Clean


Service Quality Above average Average Average Average
On-time delivery Available Average Average Best
Below
Suitable Service Cost for average
customer Average Average Low
Fragrance Washing Above average No No No
Customer
Feedback/Rating Above average No No No
Corporate Social
Responsibility Above average Average No No
Real-Time Service Not Not
Tracking Above average Available Available Available
Industry Characteristics

Size Growth

BDT 18 Crore 15%

Market Share

<5%
Environmental Trend

Political Trend

• Consistent stability

Technological Trend

• Providing on demand solution of the laundry


management using mobile phone applications
in the Bangladesh.
Environmental Trend

Social Trend

• Significant changes in consumption pattern


and lifestyles

• 15% growth in the Mechanized laundry service


in Bangladesh

• Median age of people in Bangladesh is 27.6


years
Economic Trend
Business Model Canvas
Key Partners Key Activities Value Propositions Customer Customer Segments
Relationships
- Dry Cleaners / - Creating and managing -Convenient and Fast on-demand
Laundry technological Laundry Service -Referral Institutional laundry
establishments infrastructure ] clients
-Affordable and Reliable Laundry - Subscription
- Suppliers of the Raw - Providing Washing and Service Proposal Students
Materials Dry Cleaning Services
-Customized Services - Taking Feedback Job holders
- Freelancers (Pick up - Customer Service and improving
and Key Resources - Personalized Experiences Doctors
delivery persons) - Dedicated Personal
Assistant Lawyers

- Operation facilities Local laundry that have tie


in new areas up with QNR
Key Resources Channels

- Chemical Engineering Websites


-
Skills Mobile app for
-
- Technological platform Android
- Mobile app for iOS

Cost Structure Revenue Streams

- Technological set up and running costs - Subscription based model

- Salaries to permanent employees - 15% fee from local laundries for using app.

- Payments to IT Firm
Financial Projections
Service Revenue Forecasting
Targeted Customers Total Proportio Populatio Willing to Willing Potent Monthly Monthly Service
Population n Living n in Dhaka take to take ial Subscri Revenue Revenue Yearly
in Dhaka Mechaniz our Subscr ption (BDT) in a Year Total Revenue
ed Service ibers Fee Revenu Excludin
Laundry (BDT) e g
Service (BDT) VAT
(BDT)

Corporate Job Holders 1.95M 10% 195,000 10% 3% 585 800 4.6M 4.6M 9.59M 8.63M

Students (Resides in
Hall) 1.12M 10% 112,000 5% 2% 112 200 22,400 0.22M
Pro forma Income Statement

Three- Year Financial Model


Years 2022 2023 2024

Metrics
BDT(Million) BDT(Million) BDT(Million)

Revenue 8.63 9.50 10.54


Cost of Sales 5.93 5.63 6.14
Gross Profit 2.70 3.87 4.40
Sales and Marketing 1.99 2.60 2.81
General and Administration 1.28 1.28 1.27
Total Operating Expenses 3.27 3.88 4.08
Operating Profit (0.58) (0.01) 0.32
Taxes 0 0 0.12
Net Income (0.58) (0.01) 0.20
Cash Flow Statement

Particulars 2022 2023 2024


Cash Flow from Operating BDT(Million) BDT(Million)
BDT(Million)
Activities
Net Income (0.57) (0.01) 0.19
Depreciation 0.11 0.14 0.15
Increase in Inventory (0.32) (0.79) (0.84)
Increase in Accounts
1.04 1.13 1.26
Payable
Net Cash Provided by
0.26 0.47 0.76
operating activities
Investing Activities
Investment in Fixed
(1.98) -0.25 -0.31
Capital
Payment for software (1.00)
Net Cash used for
(2.98) -0.25 -0.31
Investing activities
Financing Activities
Net increase/(decrease in
(2.72) 0.222 0.455
cash)
Beginning Cash Balance 3.600 0.883 1.105
Ending Cash Balance 0.883 1.105 1.560
Founders

MOHAMMAD ABDUN NOOR RAFI MD. SHOHAG MIA


CEO CFO

NURUL KARIM
Director of Marketing

Advisors
Shahi Salim Milad Hasan Wasim Khan
Advisor Creative Advisor Investor

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Founders Attributes’ Assessment

Attributes Rating Score


Team formation Favourable 4
Educational Favourable 4
Qualification
Prior Experiences Very Unfavourable 2
Industry Unfavourable 2
Experiences
Social and Average 3
Professional
Network
Overall Average 3
Management Team

BOARD OF DIRECTORS

CHAIRMAN
Anamul Haque Milon

VICE CHAIRMAN
Nurul Karim

DIRECTOR
Md. Safiqul Islam
Key Employees
Financing Sought

Funding For
Beginning and How much is
Funding Available Amount
One Year of required?
Operation
BDT(Million)
BDT(Million)
Preliminary
0.10
Expenses
Capital Costs Personal Funds 2.00
1.99
Revenue Costs Business Angels 1.60
0.60
Total Total 3.16
2.69
Use of Funds

BDT 2.69 Million

Legal Entity Establishment

Rent Advance Equipment Installation


Add additional details about usage here.

Working Capital
Add additional details about usage here.

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Current Status

Step 1 Step 3
Step 5
Marketing We are here Office Lease and
Operation
Analysis Decoration

Step 2
Step 4
Equipment
Legal Entity
Installation
Established

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Thank
You

QNR Laundry

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