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Laundry Business Investment Opportunity in Dubai, United Arab Emirates

Premium dry cleaning & laundry services business in Dubai receiving 50+ daily customers.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 50 - 100
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 540 thousand
Run Rate Sales USD 800 thousand
EBITDA Margin Operating at loss
Industries Laundry Business
Locations  Dubai
Local Time 4:34 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 540 thousand for 25.0% stake (Native Currency: AED 2,000,000)
Reason: For working capital required to sustain business due to COV1D-19, and to expand the business to get ... View More
Includes physical assets worth USD 540 thousand
Interested to connect with advisors
Documents
Trade License
Brochure
Tax Certificate
Business Overview

- A premium dry cleaning and laundry services business in Dubai.

- We provide dry cleaning, washing, folding and carpet cleaning.

- The brand core has been developed in Germany with comprehensive architect & branding guidelines with full high-end executions of all its related applications.

- The main laundry facility is located in a 4-star hotel in Dubai. Facility has a capacity of handling 2,500 pieces of clothing per day.

- We have 3 drop off centres, where customers can drop their laundry. The 3 drop-off points are in 3 most prestigious shopping malls in Dubai.

- Customers can also avail doorstep pickup and drop off of laundry. They can make bookings through website, call or WhatsApp.

- Receive an average of 55 daily customers and have a database of over 3,000 customers.

- We will be looking to get into B2B segment as well, catering to hotels and clothing businesses.

- We have developed a mobile application for users to place orders with us and track their laundry. This app will be launched by next month.

- The system we are using is a fully integrated system developed by multiple famous tech companies.

- Have a 4.5+ star rating on Google.

- Our business is not yet profitable. We expected to reach break-even by next month, but due to COVID-19, this has been postponed by a few more months.

- Business does not have any financial liabilities.

- Physical assets include washing machines and equipment, 4 cars and setup of drop off centres.

-15% average month to month sales growth.

Products & Services Overview

We provide premium dry cleaning, washing, folding and carpet cleaning.

Facilities Overview

The main laundry facility is rented and has an area of 2,500 Sq. Ft. in a 4 start hotel.

The 3 drop off locations are rented outlets located in 3 different malls in Dubai.

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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