Feasibility Studay

Business Description

Our business idea is a laundry service for TSU students. We would charge a monthly fee to do students' laundry weekly. Our services would include providing customers with laundry bags, picking them up, and returning the next day with their clean laundry. There is currently no laundry service available to TSU students. Other companies who have offered this service in other student markets have been successful.

Company Vision

Bobcat Laundry aspires to be the exclusive laundry service for Texas State University. We will seek to further expand the company by seeking opportunities in association with other universities.

Company Mission

We are dedicated to establishing and maintaining an excellent reputation as an outstanding member of the San Marcos business community. Bobcat Laundry strives to surpass the demands of our customers by providing a reliable and high quality laundry service for an affordable price. We endeavor to provide a valuable and essential service to our clientele, act charitably, responsibly and remain conscious of the environment and our community.

Customer Base

Our team has determined that Texas State University has approximately 27,400 students in the 2007-2008 academic school year. We conducted a survey of 200 potential student customers. The results determined 85 % of those surveyed would be interested in our service. Of those that responded positively to the survey indicated that they would pay up to $35 per month on average for this service.

Competition

Our research at