Laundry Business for Sale in Hong Kong Island, Hong Kong
Profitable Laundromat in Shau Kei Wan, only laundromat with Octopus/Alipay, close to many residential buildings.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | < 2 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 30.6 thousand |
| Run Rate Sales | USD 33.6 thousand |
| EBITDA Margin | 25 % |
| Industries | Laundromats |
| Locations | Hong Kong |
| Local Time | 10:17 PM Asia / Hong Kong |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
23 thousand
(Native Currency: HKD 180,000)
Reason: Owner had planned to acquire businesses in the Shau Kei Wan area but has recently acquired a large r...
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Includes physical assets worth
USD
19 thousand
Business Overview
- Well-established laundromat with a dedicated customer base.
- Recent refurbishment of all washers with new motors and controllers (1 year ago).
- Three revenue streams:
- Laundromat services generating HKD 15,000/month; only laundromat accepting Octopus/Alipay.
- Three SF Lockers rented out to logistics companies for HKD 6,000/month.
- Sale of laundry essentials such as washing bowls and dryer sheets.
- Average of 400 customers per month for the laundromat.
- Promoters possess 2 years of experience in the industry.
- All necessary business licenses are in place.
- Recent refurbishment of all washers with new motors and controllers (1 year ago).
- Three revenue streams:
- Laundromat services generating HKD 15,000/month; only laundromat accepting Octopus/Alipay.
- Three SF Lockers rented out to logistics companies for HKD 6,000/month.
- Sale of laundry essentials such as washing bowls and dryer sheets.
- Average of 400 customers per month for the laundromat.
- Promoters possess 2 years of experience in the industry.
- All necessary business licenses are in place.
Products & Services Overview
Laundromat with four machines.Kiosk dispensing laundry essentials.
3 x SF Lockers that pay monthly rent.
Customers are local residents.
Assets Overview
Assets:4 x USA brand stackable washers, dryers and fixtures.
Facilities Overview
Approx 400 sq ft with 4 washers, 4 dryers and 3 x SF Lockers. Storage area in back.Located in Shau Kei Wan.
Rent per month is HKD 14.5k.
Capitalization Overview
No debts or loans.Sole owner with a 100% stake.
Recent Activity
-
Earlier than 15 daysGeneral Manager, Engineering And Manufacturing, Hong Kong, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysVeterinary Specialist, Veterinary, Kowloon, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Finance, Hong Kong, Individual Investor / Buyer connected with the Business
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