Laundry Business Investment Opportunity in Bangalore, India

On demand online laundry service hyper-local marketplace based in Bangalore seeking investment.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 130 thousand
EBITDA Margin
31 %
Industries
Laundry Business + 1 more
Locations
Local Time
10:11 AM Karnataka
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 80 thousand for 10.0% stake (Native Currency: INR 6,000,000)
Reason: Building a strong technology team and expansion.
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- Founded by a team of MBAs’ from IIM, Engineers from IIT / NIT & Chartered Accountants.

- Team has experience in OLA, Taxi For Sure, Accenture, Ernst & Young, Deloitte & WIPRO.

- Have tie-ups with 10 laundry shops across Bangalore.

- Will handle the pick up and delivery of the clothes.

- Will charge the same price as regular laundry shops.

- Turn around time of 2 days.

- Will be launching an app in a week's time.

Products & Services Overview

We provide all types of Laundry, dry-cleaning, wash & fold and Ironing services. We ourselves do not do any processing but we outsourced it various vendors area-wise.

Facilities Overview
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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