The project is a Steam laundry specialized in the normal and dry cleaning, such services has become crucial due to time constraints with fast life style of individuals. The equipment used are with high technology modern machinery to help extract spots from clothes and mattresses so you can use them again as new without replacing them. The laundry project is considered one of the most successful small projects because it is easy to manage and does not require long experience in this field. It is considered a fast-paced project where it does not take long to process. It is also inexpensive projects relative to other projects, which need a large investment.
Internal Rate of Rate in Capital Budgeting Measures the Profitability of Potential Investment, it is a discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.
Payback period shows how long it takes for the return of investment, it does not show what the return on investment is.
|Total Capital of the Project||:||70,000 OMR|
|Internal Rate of Return||:||34 %|
|Payback Period||:||2 years & 8 months 70,000|
Financial Indicators can fluctuate according to total invested capital of the Project, This Project can be established with different Total Capital depending on size of Project.
• Laundry and dry cleaning services