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Laundry Business Investment Opportunity in Dubai, United Arab Emirates

Seeking Investment: Company offers on-demand laundry services to its clients through their mobile applications.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 160 thousand
Run Rate Sales USD 230 thousand
EBITDA Margin 10 - 20 %
Industries Laundry Business
Locations  Dubai
Local Time 8:09 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 540 thousand for 20.0% stake (Native Currency: AED 2,000,000)
Reason: The proceeds from the investment will be used for: - Funding working capital requirements. - Under... View More
Includes physical assets worth USD 5.4 thousand
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Business Overview

- Our company provides high-quality services for all the laundry requirements of our clients.

- We do not own any cleaning facility or laundry machines to render these services. These services are outsourced through our 2 cleaning affiliates who are essentially businesses providing mass-laundry services at highly subsidised prices.

- We have our own mobile applications for both iOS and Android platforms. Customers can place a pick-up for their desired items either by directly calling us or by booking through our mobile applications. The majority of the orders are received through our mobile apps which are free to download.

- Once an order is received, we allocate delivery personnel who picks up the items from the client's doorsteps and takes them directly to our affiliated cleaning partners. Once, the items are dry-cleaned and ready to go, the delivery personnel drops them back at the client's doorstep.

- These delivery personnel are not our full-time employees. We have a network of a few delivery-men whom we pay a certain fee for every time they collect or deliver an order.

- We have about 4,500 registrations and downloads on our mobile applications. We have an active customer-base of 3,000 users who keep using our services at different intervals. We have a 60 to 70 percent repeat customers rate.

- We receive about 600 to 700 orders every month. The average order value varies between AED 100 to AED 110. The users have the option to directly pay via the mobile application or in-cash to the delivery executive. The delivery is free and the users only have to pay for the products they wish to get dry-cleaned.

- The company is entirely debt-free and does not have any outstanding loans or defaults.

- Currently, our services are available in multiple residential localities across Dubai like Jumeirah Park, Palm Jumeirah, Dubai Hills, Arabian Ranches, etc.

- The business is extremely valuable due to the extremely positive reviews we have been receiving, loyal customer base, and niche business activities.

Products & Services Overview

Our company provides the following services:

- Dry-cleaning of clothes including winter wear.

- Basic washing, folding, and ironing.

- Dry-cleaning of shoes, curtains, and carpets.

Assets Overview

- Physical assets include: laptops, computers, furniture, and interior fittings in the office space.

- Intangible assets include: source code of our website and mobile applications, client database, and industry generate goodwill.

Facilities Overview

The business runs operations from a rented facility in Dubai, UAE. The premises is used as the corporate office of the company.

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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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