Need help?

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 41 thousand
Run Rate Sales USD 42 thousand
EBITDA Margin 25 %
Industries Laundry Business
Locations  Kavundampalayam
Local Time 1:05 AM 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
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
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
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
5 Buyers already contacted this Business. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more