Laundromat for Sale in Puerto Princesa City, Philippines
For Sale: Puerto Princesa-based laundry business with 5 branches and a 1k+ loyal client base.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 57 thousand |
| Run Rate Sales | USD 58 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Laundromats |
| Locations | Puerto Princesa City |
| Local Time | 3:18 PM Asia / Manila |
| Listed By | Management Member |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
162 thousand
(Native Currency: PHP 10,000,000)
Reason: Each partner has a different reason for selling, such as relocation or pursuing new projects.
Note:...
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Includes physical assets worth
USD
51 thousand
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Giving Away the Grand Prize
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Business Overview
- Established in Puerto Princesa, this company has built a reputable brand over 2 years, fostering trust and recognition in the community.
- The business operates 5 running shops that provide laundry services, mainly targeting hotels and individual clients.
- With over 1,000 loyal clients, the company has successfully cultivated a strong following on social media, boosting its visibility and engagement.
- The company offers convenient pick-up and delivery services, enhancing customer convenience and satisfaction.
- Walk-in clients are also welcomed, providing flexibility for both local residents and tourists looking for quality laundry services.
- Strategic service contracts with local hotels secure consistent income, tapping into a reliable customer base beyond walk-in and delivery services.
- The business utilizes high-quality machines from trusted brands like LG and Samsung, ensuring superior wash quality, alongside efficient Whirlpool gas dryers for optimal drying results.
- Committed to cleanliness, the company uses premium cleaning products and top-of-the-line ironing machines to maintain high standards and meet client expectations.
- The business operates 5 running shops that provide laundry services, mainly targeting hotels and individual clients.
- With over 1,000 loyal clients, the company has successfully cultivated a strong following on social media, boosting its visibility and engagement.
- The company offers convenient pick-up and delivery services, enhancing customer convenience and satisfaction.
- Walk-in clients are also welcomed, providing flexibility for both local residents and tourists looking for quality laundry services.
- Strategic service contracts with local hotels secure consistent income, tapping into a reliable customer base beyond walk-in and delivery services.
- The business utilizes high-quality machines from trusted brands like LG and Samsung, ensuring superior wash quality, alongside efficient Whirlpool gas dryers for optimal drying results.
- Committed to cleanliness, the company uses premium cleaning products and top-of-the-line ironing machines to maintain high standards and meet client expectations.
Products & Services Overview
Laundry services, including washing, drying, and ironing services.Customers are busy working individuals, hotels, and local residents who lack the time to clean their belongings, relying on the business for convenient and high-quality laundry solutions.
Assets Overview
Physical assets: Washers, dryers, gas tanks, tables, dividers, chairs, signages, tarpaulins, doors, roller doors, CCTV systems, delivery truck, motorbikes, shelves, irons, and Wi-Fi system.Intangible assets: Company name and a base of regular loyal clients.
Facilities Overview
We are renting 5 shops, each with a different space area ranging from 40 sqm to 60 sqm. The main branch is the largest, featuring 2 storeys and a backyard. The rental contracts are for 3 years and are renewable. Each shop has been carefully selected for its space, location, and parking convenience for clients. All shops have attractive lighted signages, as well as promotional and raffle tarpaulins.
Capitalization Overview
The business was initially started by the majority shareholder using personal funds with 1 shop. It later grew to 2 branches and further expanded to 3 additional branches after bringing in a new partner holding a 40% stake, making a total of two partners.The business has no debts and is fully operational without any issues.
Recent Activity
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Earlier than 15 daysBusiness Owner, Rentals Accommodation, Thessaloniki, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysVice President, Financial Services, Luxembourg, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysChief Visionary And Implementer, Warehousing & Logistics, Edmonton, Individual Investor / Buyer connected with the Business
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