Laundry Business Seeking Loan in Bhubaneswar, India

24*7 dry cleaning service provider having tie ups with major hotels and schools.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 90 - 100 thousand
Run Rate Sales USD 100 thousand
EBITDA Margin 20 - 30 %
Industries Laundry Business
Locations  Bhubaneswar
Local Time 10:12 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 130 thousand for 18.0% annual interest, 5 years (Native Currency: INR 10,000,000)
Reason: Business Expansion.
Collateral Available: USD 90 thousand
Includes physical assets worth USD 270 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Company provides laundry and dry cleaning services.

- Have both B2B and B2C clients in Orissa.

- Tie ups with hotels and schools.

- Have two factory outlets and two collection stores providing 24*7 services.

- Owner has 6+ years of experience.

Products & Services Overview

Laundry and dry cleaning services.

Sofa & carpet cleaning.

Deep cleaning of house.

Assets Overview

Property, vehicle, equipment, house, chemical, plant. bike.

Facilities Overview

Lease property with 5,000 Sq Ft built up area.

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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