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Laundromat for Sale in Toronto, Canada

Company providing pressing and ironing services, serving 5-8 customers on a daily basis.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity S Corporation
Reported Sales USD 182 thousand
Run Rate Sales USD 192 thousand
EBITDA Margin 12 %
Industries Laundromats
Locations  Toronto
Local Time 11:49 PM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 290 thousand (Native Currency: CAD 400,000)
Reason: Owner wants to concentrate on other business.
Includes physical assets worth USD 255 thousand
Name, Phone, Email
Not disclosed
Business Name
Available after connect
User Verification
Documents
Business Overview
- Company providing services like ironing, steam pressing, refreshing and shoe care at customer's doorstep.
- We drive to customer's home, pick up their clothes (which they've already washed and dried), then we iron, press or steam the clothes in our specially equipped van and return them to our client within 45 minutes.
- Everything is done inside our van on the customer's driveway or on the road.
- Our van is well equipped with Industrial ironing equipment.
- Our vehicle has special technology and custom built generator integrated with the vehicle engine that provides the necessary power (8 / 10Kwh) for on-board industrial machinery (both 110 and 220 Volts) first of its kind / solar panels / air conditioning and heating.
- 3 staff members can work at the same time in the vehicle.
- On an average we serve 5-8 customers on a daily basis.
- We are constantly getting emails from customers all over the world enquiring for a franchise. There is a huge potential for Master Franchise licenses to be sold in UK, USA, Australia, Middle East and India.
- Our assets include website, domain, vehicle, ironing equipment.
- Promoter has more than 3 years of experience in this business.
Products & Services Overview
Mobile ironing, pressing, steaming, re-freshing and shoe care service.
Facilities Overview
There is no office set up. All our operations are conducted in the van.
Capitalization Overview
Not Disclosed
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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