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Laundromat for Sale in Mumbai, India

Established laundry service in Mumbai with loyal clientele, offering washing, ironing, and dry-cleaning services for-sale.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 30 - 40 thousand
Run Rate Sales USD 41 thousand
EBITDA Margin 20 - 30 %
Industries Laundromats
Locations  Mumbai
Local Time 7:49 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 39.5 thousand (Native Currency: INR 3,500,000)
Reason: The owner is busy with his other venture.
Includes physical assets worth USD 22.5 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Laundromat business located in a busy street near Santa Cruz, Mumbai.
- Repeat client base from the area boundaries, clients vouch for service quality. Majority clients taking membership packages.
- INR 10,000-12,000 sales every day.
- Over 20 customers served on a daily basis.
- Major services provided include washing, ironing, and dry cleaning.
- Revenue margin is good which involves fees to franchisee royalty, 10% royalty paid on sales.
- Business has a valid GST certificate.
Products & Services Overview
We mainly provide washing and steam ironing services as well as dry cleaning services for clothes, carpets, bed sheets curtains, bags, and shoes.
People from corporate hubs and top residential hubs use our services.
Assets Overview
- Imported high end commercial washing machines 2 qty with dryers for each.
- Steam ironing table 2 qty.
- Boiler for steam ironing.
- Air conditioning, interior furniture, neon board lights, PC, storage unit, printer.
Facilities Overview
Business operates from a rented facility of carpet area of approximately 230-240 sq ft with almost equal loft area for storage, the store operates on the ground floor.
Capitalization Overview
This is a sole proprietorship firm and is self-funded from the same business.
The offer for sale will include and factor for everything.
Recent Activity
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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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