Laundromat for Sale in Thrissur, India
Kerala's leading dry cleaning chain, operating across 5 districts in central Kerala for 24 years.
| Established | 20-30 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 270 thousand |
| Run Rate Sales | USD 307 thousand |
| EBITDA Margin | 9 % |
| Industries | Laundromats |
| Locations | Thrissur |
| Local Time | 2:37 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
1.16 million
(Native Currency: INR 100,000,000)
Reason: The next generation is not interested in continuing the business, as they all prefer to settle abroa...
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Includes physical assets worth
USD
230 thousand
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Business Overview
- Established 24 years ago and rebranded 14 years ago as a Private Limited company, this business stands as Kerala's premier dry cleaning chain, renowned for its exceptional service.
- Operates across 5 districts in central Kerala, capturing a significant market share in the region.
- Serves 3,000 to 4,000 customers monthly with a loyal customer base of 30,000 active clients and access to over 100,000 customer records.
- Focuses on the domestic market, primarily catering to middle-income and high-net-worth individuals (HNI).
- Offers a premium range of services, including dry cleaning, wedding dress care, and steam pressing.
- Employs a dedicated workforce of 80 skilled professionals to ensure high-quality service delivery.
- Operates under a Company Owned Company Operated (COCO) model in the retail store providing garment collection, pickup and delivery services.
- Operates across 5 districts in central Kerala, capturing a significant market share in the region.
- Serves 3,000 to 4,000 customers monthly with a loyal customer base of 30,000 active clients and access to over 100,000 customer records.
- Focuses on the domestic market, primarily catering to middle-income and high-net-worth individuals (HNI).
- Offers a premium range of services, including dry cleaning, wedding dress care, and steam pressing.
- Employs a dedicated workforce of 80 skilled professionals to ensure high-quality service delivery.
- Operates under a Company Owned Company Operated (COCO) model in the retail store providing garment collection, pickup and delivery services.
Products & Services Overview
The business's top-selling services:- Premium dry cleaning services.
- Premium wedding dress care.
- Premium steam pressing services.
Assets Overview
Tangible assets:Factory.
15,000 sqft factory shed.
34 cent land.
Imported machinery.
2 firewood boilers with 1 ton and 5-ton capacity.
4 LMV.
1 bike.
1 car.
2 dry cleaning machines.
13 steam iron table.
4 washing machine.
4 dryer.
2 hydro extractor.
1 stain machine.
1 compressor.
10 computer, printer & barcode scanners.
Stores.
2 owned properties one in Calicut and one in Thrissur.
12+ computers.
12+ printers.
Interiors and all the stock.
Facilities Overview
The central plant or processing centre spans 15,000 sqft. Retail outlets range from 120 sqft to 700 sqft, with a total of 12 units taken for rent.The company owns two main retail units. The processing facility is situated on 34 cents of land which is owned, with an additional 30 cents and 60 cents available for future expansion.
Capitalization Overview
Zero bank loan.Funded by company directors (INR 46 lakh).
- Company has 4 directors and 3 shareholders:
3 directors each hold 30%, 1 director holds 7%, and 3 more shareholders hold 1% each. (The percentages include some decimal values, not specified here. ) "
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