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Laundry Business for Sale in Gwalior, India

Fully automatic washing machines at college hostels that are mobile app operated.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 5.6 thousand
Run Rate Sales USD 7 thousand
EBITDA Margin 15 %
Industries Laundry Business
Locations  Gwalior
Local Time 9:30 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 18 thousand (Native Currency: INR 1,500,000)
Reason: Promoter is a doctor and does not have the time to focus on this business.
Includes physical assets worth USD 2.4 thousand
Business Overview

- We install fully automatic washing machines in college hostels that can be activated using a mobile app.

- These washing machines are designed to be self service and users can buy prepaid plans for different number of washes.

- Users can activate a wash on their app and use the self service washing machine with an OTP.

- The app we have developed is for Android and is on the Google Play Store.

- Have more than 2,000 registered users in Gwalior.

- Have installed around 20 washing machines in many big colleges.

- We have suppliers for washing machines and modification parts in Delhi and we assemble them.

- Buyer would receive the entire business including the currently installed washing machines, application and website, list of suppliers and IP.

Products & Services Overview

Self service laundry through washing machines installed in hostels.

Facilities Overview

We are based out of the promoter's residence.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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