Laundromat Investment Opportunity in Vadodara, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 445 thousand |
Run Rate Sales | USD 420 thousand |
EBITDA Margin | 12 % |
Industries | Laundromats |
Locations | Vadodara |
Local Time | 6:53 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- The company caters to clients through its 18 retail outlets.
- Have a strong customer base of 18,000+ customers across Baroda, Surat, and Delhi NCR.
- Company serves about 4,000 customers every month.
- Few outlets operate as franchises whereas company-operated outlets are rented.
- 100% B2C business.
- Revenue is driven by walk-in customers and the footfall varies across each outlet.
- Have a call center that helps customers in booking our services.
- Advertise the brand with the help of digital marketing.
- We have witnessed a slight drop in sales as footfall has reduced across all stores due to the pandemic.
Business is B2C serving regular walk-in customers.
Total rental expense across 18 outlets is approximately INR 5-6 lakh per month.
No outstanding loans or liabilities.
There are currently 3 shareholders.
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Earlier than 15 daysDirector, Ecommerce, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysFounder, Laundry, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysManager, Package Transportation, Bangalore, Individual Investor / Buyer connected with the Business