My Beautiful Laundrette is a story about the Pakistani Hussein family who has settled in London, chasing after the promises of wealth during the Thatcher era. Nasser and his right-hand man, Salim, run various small businesses, even engaging in illegal activities to make money.
Nasser and his immediate family live a lavish lifestyle, flaunting their riches whenever possible. On the other hand, Nasser's brother, Ali, a former journalist in Pakistan, struggles in London due to his leftist politics conflicting with Thatcherism. Ali lives in a rundown flat with his son, Omar.
To help Ali, Nasser offers Omar a job doing menial labor. However, Omar convinces Nasser to let him manage a dilapidated laundrette instead. Omar sees this as an opportunity to turn the business around and enlists the help of his old friend, Johnny, who has been associating with a gang of white punks.
Omar and Johnny's relationship faces challenges, especially due to the anti-immigrant sentiments in white England. Both must decide if their pursuit of success is worth sacrificing their ideals.