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Laundry Business Investment Opportunity in Hyderabad, India

Washapp is an online laundry and dry cleaning service operational currently in Hyderabad.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 60 - 70 thousand
Run Rate Sales USD 100 thousand
EBITDA Margin 15 %
Industries Laundry Business
Locations  Hyderabad
Local Time 3:13 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 71 thousand for 25.0% stake (Native Currency: INR 6,000,000)
Reason: To start a franchise model and expand in the offline market. To build robust software for entire op... View More
Includes physical assets worth USD 17.7 thousand
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Business Name
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Business Overview
Washapp is the highest downloaded laundry app in hyderabad and having more than 1000+ customers. The team consists of alumni from BITS Pilani and NIT Warangal with experience from techsophy and maruti suzuki.
Products & Services Overview
Wash & Fold.
Wash & Iron.
Dry Cleaning.
Facilities Overview
Not Disclosed
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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