GROUP 3 FEASIBILITY STUDY

LAUNDRY SHOP

A. Name of the Enterprise

• Washing Well Laundry. The idea comes from the fact that the common term “wishing well” describes “well” where it was thought that any spoken wish would be granted. Similarly, our way of satisfying our customers is through granting their need to have dirt-free clothing.

Laundry

Shop

Type of Business Organization

The proposed project will adopt the single proprietorship form of business organization due to the several reasons. First, there are only a small number of people involved in the operation. Second, only small amount of capital is needed to commence such project.

Project Location

The proposed location is at Mabini Extension, Cabanatuan City, Nueva Ecija. The said location is along the barangay road where majority of the boarders and residents reside.

Management and Management and Personnel FeasibilityPersonnel Feasibility

The project will be composed of four persons. The manager which is also the owner, the folder, and the washer.

Manager/

Owner

Washer Folder

Organizational Chart Of Washing Well Laundry Shop

Market FeasibilityMarket Feasibility

Demand and Supply Gap

YearProjected Gap

Demand Supply Quantity

1 462 344 1182 474 352 1223 486 362 1244 499 371 1285 512 382 130

Market Share

A.Product/Service Description

• Wash, dry and fold• Wash, dry and press• Fabric conditioning• Dry cleaning• Leather cleaning • Pillow cleaning• Stuffed toy cleaning

PlacePlaceThe proposed location is at Mabini Extension,

Cabanatuan City, Nueva Ecija. The said location is along the barangay road where majority of the boarders and residents reside. ..\Documents\location map edited.doc

• The area measures 28 sq meter.• The rates of renting the place range from

5,000php to 7,000php a month since it is located on the main road.

Laundry

Shop

C. Description of the Project• is intended for the residents of the six barangays

namely; Mabini Homesite, Mabini Extension, Caridad Village, Villa Ofelia, Magsaysay District, Quezon District, and Dicarma.

• Washing Well significantly acts as a helper for the people who does not have enough time to do the laundry.

• Is basically to help the residents lessen their workload and ensure that their clothes are clean

• In that case, a laundry shop is the answer to the need for clean clothes in less time, less cost and less effort.

D. Highlights of the Project

The proposed project is about putting up a laundry shop. It will be named Washing Well Laundry Shop and shall be located at Mabini Extension, Cabanatuan. The project will be in a form of sole-proprietorship type of business organization. The proponents have chosen this form since the project does not require huge capital or resources to begin.

The feasibility of the proposed project is seen on its marketability. The target market of the proposed project is dissected into the following, households and boarders. According to the survey, boarders can be students, employees and other professionals temporarily residing in the city.

PromotionPromotion

Washing Well Laundry Shop will serve a high quality standard of service in terms of cleanliness and smell of precious clothes and other garments with affordable price. It will use fliers and tarpaulins as the means of promoting the service.

6:00 pm

6:00 pm

Fliers

Tarpaulin

Technical FeasibilityTechnical Feasibility

Initial Process in Acquisition of GarmentsManufacturing Process

Wash Dry Fold Service Per 10 Kilo Wash Load

Thin Garments including For Thick Garments such asBed Sheets, Curtains, Towels and Blankets and ComfortersSeat Covers with or without Foam.

Pressing Service

Hand Washing Process

Dry Cleaning Process

Day Time

Monday 8:00 AM to 6:00PM

Tuesday 8:00 AM to 6:00PM

Wednesday 8:00 AM to 6:00PM

Thursday 8:00 AM to 6:00PM

Friday 8:00 AM to 6:00PM

Saturday 8:00 AM to 8:00PM

Sunday 8:00 AM to 8:00PM

Service Schedule

Machineries and Equipment1 Whirlpool Topload Washer Model : 4PWTW5905

Features:• 27”Super Capacity Plus• 10.5 Kg. Dry Linen Capacity• Fully Automatic Washer with Silver Panel• Exta Roll Action Agitator• MagiClean Lint Filter• Polypropylene Outer Tub• Direct Drive System• Extra Rinse Option• Self Balancing Basket and Tub• Rat-Proof Base• Tripod Suspension Systemspire an informal style

SPECIFICATIONS:MODEL 4PWTW5905

LOAD CAPACITY 10.5 Kgs.

WASHER TYPE Top Load

SPIN CAPACITY 10.5 Kgs.

SPIN SPEED 650 rpm

NO. OF WASH PROGRAMS 9 cycles

SoakWash FUNCTIONS No

EXTRA RINSE Yes

TURBO PERFORMANCE No

WATER USAGE per WASH 87 Liters

AGITATOR Yes

CONTROL TYPE Push Button / Knob

WASH WATTAGE 880W

COLOR Biscuit/White

NET DIMENSIONS (h:w:d) in inches 42.5 X 27 X 26.5

POWER SOURCE 220V / 60Hz

NET WEIGHT 72 Kgs.

GROSS WEIGHT 78 Kgs.

2 Whirlpool Dryers Model : 4PWED5905Features:

• 10.5 KG. Fully Automatic Electric Dryer with Silver Panel• Automatic Dry• Gentle Heat System• Removable Lint Filter• End-of-Cycle Signal• Wrinkle ShieldTM Option• Quiet Dry Noise Reduction• SpillGuardTM Top

SPECIFICATIONS: MODEL .4PWED5905

LOAD CAPACITY 10.5 Kgs

NO. OF CYCLES AND OPTIONS 8 Cycles

NO.OF TEMPERATURE SETTINGS 4

ACCUDRY SENSOR DRYING Automatic Dry

REMOVABLE LINT FILTER Top Mounted

CONTROL TYPE Push Button and Knob

MATERIAL AND FINISH Enamel, Powder Coated

POWER SOURCE 220V / 60Hz

WATTAGE 5400W

COLOR Biscuit / White

NET DIMENSIONS (h:w:d) in inches 42.5 X 29 X 28

NET WEIGHT 53 Kgs.

GROSS WEIGHT 56 Kgs.

C:\Users\Madel\Desktop\fs (10.10.10).xls

Financial Study

Socio Economic ImpactSocio Economic Impact

• The Washing Well Laundry Shop, will definitely have good role in the community.

• This will create employment and income especially to those residents of the village.

• The laundry shop will provide steady source of income that eventually improve the standards of living of the employees that will affect the growth of the economy.

Socio Economic Study

Environmental impactEnvironmental impact

• We have to make that the operation of our business does not give harm to environment. Since our business use chemical substance like soap, which mixed to the water we used.

• We have to treat every liter of water we throw out.”

Conclusions and Recommendation• The market study determined the demand for the

service through the thorough research on the residents of six barangays. The study conducted revealed the demand for the product and enabled the group to come up with an efficient marketing program that will support the viability of the business in its first stages of operation and expected to last in the long- run.

• Generally, Washing Well Laundry Shop is seen to be feasible upon studying its location, market demand and the factors affecting the market. It is recommended that an extensive study for other aspects of the business feasibility is conducted and the execution of the marketing program developed accords to what really satisfies the market.

Thank you!