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Laundromat for Sale in Bengaluru, India

For Sale: Laundry business in Bangalore with 2 outlets that serve 1,000-1,200 customers per month.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 82 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Laundromats
Locations  Bengaluru
Local Time 4:09 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 23.4 thousand (Native Currency: INR 2,000,000)
Reason: Due to family issues.
Includes physical assets worth USD 18.7 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- Well-established laundry operation in Bangalore with two outlets catering to a monthly clientele of 1,000-1,200 customers.
- Services include comprehensive laundry and ironing solutions, targeting individual customers primarily residing in apartments.
- Recently ceased operations one week ago due to personal/family reasons, presenting a unique opportunity for reactivation and growth.
- The business holds a Udyam Certificate, affirming its status and eligibility for various government schemes and initiatives.
- Had 4 employees when we were operational.
- Potential for expansion or franchises given the current customer base and location advantages in Bangalore.
- Strategically positioned in a high-density residential area, ensuring a steady inflow of customers and repeat business.
Products & Services Overview
We offer laundry services and ironing services.
Customers are individual customers staying in apartments.
Assets Overview
15kg washing machine.
15kg dryer.
11kg washing.
11kg dryer.
3 steam iron table.
Racks.
Facilities Overview
Have two rented stores. One is located in the Budigere Cross and the other one is in Sahakar Nagar.
Budigere cross store is around 600 sqft and the Sahakar Nagar store is around 800 sqft.
There is an INR 1 L advance with the landlord from both stores.
Capitalization Overview
Single owner business.
No loans.
Recent Activity
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1 Buyer contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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