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Laundromat Seeking Loan in Hyderabad, India

FMCG business expanding into high-demand laundry services targeting households and commercial clients in Hyderabad.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 35 thousand
Run Rate Sales USD 42 thousand
EBITDA Margin 20 %
Industries Laundromats
Locations  Hyderabad
Local Time 9:06 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 23.4 thousand for 10.0% annual interest, 2 years (Native Currency: INR 2,000,000)
Reason: Seeking a loan to purchase washing equipment and start a laundry business. The owner has requested ... View More
Collateral Available: USD 0
Includes physical assets worth USD 4.7 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
Business Overview
- The business currently operates an FMCG retail store and plans to expand into the laundry services sector in Hyderabad.
- The promoter has over 7 years of industry experience and expects to generate INR 2.5 lakh in monthly revenue from the new venture.
- Services will include washing, folding, steam ironing, saree rolling, and shoe cleaning, targeting both individual and bulk commercial clients.
- Operations will begin with a compact team of 2 employees to ensure cost efficiency and personalized service.
- The laundry unit is planned in a local industrial area of Hyderabad, tapping into rising demand from hostels, hotels, and offices.
- The laundry business will complement the existing FMCG store by leveraging local customer networks and regional familiarity.
- The business holds a valid GST certificate.
Products & Services Overview
Top selling services and clientele:
- Washing, folding, and ironing services for individual households.
- Saree rolling and bulk laundry for commercial clients like hostels, hotels, and corporate offices.
Assets Overview
The tangible assets owned by the business include:
- Stock of goods.
- Shop infrastructure.
Facilities Overview
The business operates from a rented facility.
Capitalization Overview
The business is owned by a sole owner.
There are no debts in the business.
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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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