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Laundromat for Sale in Split, Croatia

Exclusive laundry business with high profits and diverse clientele at a prime location in Split.

Established 20-30 year(s)
Employees 2 - 5
Legal Entity Other
Reported Sales USD 117 thousand
Run Rate Sales USD 117 thousand
EBITDA Margin 40 %
Industries Laundromats
Locations  Split
Local Time 5:01 AM Europe / Zagreb
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 290 thousand (Native Currency: EUR 250,000)
Reason: The owner wants to focus on other business ventures.
Includes physical assets worth USD 290 thousand
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Business Name
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Business Overview
- Exclusive laundry business located in Split, Croatia.
- The business has established a great reputation for providing high-quality laundry services, ensuring customer satisfaction and retention.
- Business benefits from its prime location in Split, a popular tourist destination, offering significant growth potential due to the seasonal nature of the tourism industry.
- In the peak summer season, the business processes an average of 50 orders per day, demonstrating its ability to handle high volumes efficiently. During the winter season, the average daily orders remain at a respectable 10, indicating consistent demand throughout the year.
- Average ticket size ranges from EUR 50 and goes up to EUR 2k-3k, depending on the order size.
- The majority of the clients are private and residential, providing a stable revenue stream, while the commercial clientele, including hotels, restaurants, medical clinics, and exclusive yachts, diversify the business's income sources.
- The laundry business has a proven track record of generating high profits.
Products & Services Overview
Laundry services - washing, drying, and ironing.
Majority of the clients are private and residential, and the rest are commercial clientele, including hotels, restaurants, medical clinics, and exclusive yachts.
Offering pickup and delivery as well.
Assets Overview
Physical assets include 10 laundry machines and other associated equipment.
Facilities Overview
Operating from own premises located in Vukovarska, Split.
This property is not included in the sale, only the equipment and business.
Capitalization Overview
Self-funded.
There is 1 owner, holding 100% shares in the business.
No outstanding loans.
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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