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Professional shoe care service

Le Tuong Chinh, Tran Thanh Danh, Tran Vo Dinh Kha, Ho Thanh Nha, Le Thi Bich Phuong & Nguyen Thanh Nhan
Chapter 4
ISBN:

978-621-96810-0-1

Business Highlights
Type of business: Professional cleaning service

Start-up cost (range of capitalization): $50000 to $57182.70

Projected annual range of net profit: ($2869.80) – $26015.52

Payback period: 2 years and 10 months

Selling/Service price range: $2.87 to $169.3

Marketing strategy: Social media page, loyalty program, collaboration with sports events

Suggested form of ownership: Partnership or corporation

Required assets: specialized machine and equipment, materials and supplies

Required number of staff: maximum 7

Competitive advantage: The business has three differentiating factors: the quality of technical staff, high-tech machinery, and a genuine cleaning solution.

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Cite this chapter:

Le Tuong Chinh, Tran Thanh Danh, Tran Vo Dinh Kha, Ho Thanh Nha, Le Thi Bich Phuong & Nguyen Thanh Nhan (2024). Professional shoe care service. In: T.L. Tan & J.C. Ines (Eds). Business Ideas (pp. 114-140). Institute of Industry and Academic Research Incorporated. https://doi.org/10.53378/04.24.006

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