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Laundry Business Investment Opportunity in Mississauga, Canada

Manufacturer of an innovative self-serve dry cleaning depot with a patent pending and copyrighted software.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees < 2
Legal Entity C Corporation
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin 49 %
Industries Laundromats
Locations  Mississauga
Local Time 11:23 AM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 107 thousand for 49.0% stake (Native Currency: CAD 150,000)
Reason: We are looking for an investment to set up a new self-serve dry cleaning store for the sales and mar... View More
Interested to connect with advisors
Documents
Business Overview
- Invented a new revolutionary automated self-serve depot for the dry cleaning industry. Have already developed a working prototype. There are no existing competitors in the market.
- We have a patent pending for the equipment and a copyright for the software.
- The automated self serve dry cleaning depot is a mechanical and computerized system that allows customers to drop off and pick up their dry cleaning 24/7.
- Entire process is automated through the use of IT technology. User will place the items inside the depot and pay by swiping their credit/debit cards. Customers will be given an approximate time as to when they can return and collect their order. The dry cleaning plant will obtain the garments from the laundry bin, process the order and deliver it back to the depot. The customer will then collect the order.
- Minimizes contact between the client and the dry cleaning company considering the ongoing situation.
- Planning to price the depot at CAD 79,000 per unit with a cost price of CAD 40,000 to manufacture one unit.
- Target market for the product is existing laundry businesses and enterprising entrepreneurs.
- Promoter spent over 3 years in developing the product. We have already tied up with 4 dry cleaning plants.
- Tied up with 5 suppliers (including one software developer).
- Plan to market the product to the general public within two years post-funding. We are going to pursue an aggressive marketing campaign. Owner has extensive contacts in the dry cleaning industry. Plan to use digital marketing and print ads when marketing.
- Promoter has 18+ years of experience in the dry-cleaning industry.
Products & Services Overview
The business is going to manufacture and markets a new revolutionary automated self-serve depot for the dry cleaning industry.
Assets Overview
The business doesn't own any assets currently.
Facilities Overview
Business is working out of the owner's personal residence.
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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