Laundromat Seeking Loan in Mangalore, India
Institutional laundromat in Mangaluru serving educational hostels with 7 tons daily processing capacity.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | USD 330 thousand |
| Run Rate Sales | USD 360 thousand |
| EBITDA Margin | 21 % |
| Industries | Laundromats |
| Locations | Mangalore |
| Local Time | 2:23 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
166 thousand
for
12.0%
annual interest,
5
years
(Native Currency: INR 15,000,000)
Reason: Looking for funds to set up my own facility and purchase new machinery.
Collateral Available: USD 0
Includes physical assets worth
USD
166 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Operates a laundromat and institutional laundry service catering primarily to educational institutions in and around South Canara.
- Located in Mangaluru, the business functions as a dedicated laundry partner for hostels and student accommodations.
- Processes approximately 7 tons of laundry daily, indicating strong operational scale and consistent institutional demand.
- Major customers are hostel students and educational institutions requiring regular, high-volume laundry services.
- Operates on a B2B service model with recurring laundry volumes and predictable demand.
- Registered with the MCA, ensuring compliant and professionally structured business operations.
- Located in Mangaluru, the business functions as a dedicated laundry partner for hostels and student accommodations.
- Processes approximately 7 tons of laundry daily, indicating strong operational scale and consistent institutional demand.
- Major customers are hostel students and educational institutions requiring regular, high-volume laundry services.
- Operates on a B2B service model with recurring laundry volumes and predictable demand.
- Registered with the MCA, ensuring compliant and professionally structured business operations.
Products & Services Overview
High-volume laundry and linen-cleaning services provided to educational institutions, hostels, and student housing facilities.
Assets Overview
The business owns assets such as cleaning, washing, and drying machines worth nearly INR 80 lakhs, store infrastructure, and delivery vehicles valued at about INR 40 lakhs.
Facilities Overview
The business operates from a rented facility with a monthly rent of INR 1.5 lakhs.The initial registrations were made in Bangalore, but operations were moved to Mangalore for better outreach and a higher demand.
Capitalization Overview
The business is owned by 2 partners.There are no debts in the business.
Recent Activity
-
Earlier than 15 daysIndependent Advisors, New Delhi, Financial Consultant connected with the Business
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·Laundry Business Seeking Loan in Mangaluru
·Lend to Dry Cleaning Business in Mangaluru
·Coin Laundromat Seeking Loan in Mangaluru
·Lend to Dry Cleaner in Mangalore, India
·Lend to Laundromat in Mangalore, India
·Dry Cleaner Seeking Loan in Mangaluru
·Lend to Laundry Business in Mangaluru
·Laundromat Seeking Loan in Mangaluru
·Lend to Coin Laundromat in Mangaluru
·Dry Cleaning Business Seeking Loan
·Lend to Dry Cleaner in Mangaluru
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