Friday, Apr 19 2024 | Time 18:07 Hrs(IST)
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Business Economy


UClean to invest Rs 5 cr in next 3 yrs in home cleaning industry

New Delhi, Nov 16 (UNI) Laundry company UClean has secured the pan-India exclusive development rights for the world’s leading home cleaning brand ‘Chem-Dry’ which is headquartered in the USA, a statement said here on Friday.
"UClean has acquired Master Franchise rights for India. Chem-Dry will be a strategic partner adding the value of ‘Direct to Home’ (DTH) business concept for home cleaning, upholstery cleaning, carpet cleaning and all other forms of surface cleaning integral to a home.
"At a unit level, a typical franchise would be expected to invest about INR 17 to 18 lakhs in owning and operating a Chem-Dry unit of its own," said UClean Founder & CEO Arunabh Sinha.
"We aim to have 200+ franchises up and running over the next 5 years covering all the tier 1 cities and also test waters in a few tier 2/3 cities in the country on a pilot basis. We will look to invest about INR 5 Cr on this development over the next 3 years to build the brand traction, infrastructure, capabilities and pilot models. Further, the investment would also be towards building systems and processes to handhold franchises making them profitable at unit levels,” he added.
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