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Laundry Business for Sale in Kavundampalayam, India

Steam ironing of cloths, location in prime area 500+ active customer.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales USD 40 thousand
Run Rate Sales USD 43 thousand
EBITDA Margin 25 %
Industries Laundry Business
Locations  Kavundampalayam
Local Time 12:54 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 10 thousand (Native Currency: INR 850,000)
Reason: The owner has a few other parallel businesses and wants to focus on them. The owner is going for a f... View More
Includes physical assets worth USD 10 thousand
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Business Overview

- Steam ironing service business located in a prime residential area.

- We have been running this business for 8+ years.

- We have acquired 500+ regular customers in these 8 years.

- Currently, we own two shops within a radial distance of 1km. Both the shops are included in the sale.

- Daily walk-in customer count is 30+ in total.

- We also have a pickup and drop service, we are well known for our services in this neighbourhood.

- This is a sole proprietorship and the entity has no debts or liabilities.

Products & Services Overview

Steam ironing: shirt, pants, sarees, blouse and curtains.

Assets Overview

Assets from both the shops.

Tangible:

- Steam boiler (4)

- Vacuum table (4)

- Iron box (4)

Intangible:

- License.

- Staff.

- Customer base.

- Shop phone number.

Facilities Overview

Both the shops are located on the ground floor, with a built-up area of 160 sq ft (each shop).

It is a rented space with a rent of INR 16,000 per month (this includes both the shop)

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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