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Laundry Business Seeking Loan in Lisbon, Portugal

Industrial laundry business in Lisbon with a B2B model, serving 32 clients.
This transaction has concluded.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 2 - 3 million
Run Rate Sales USD 2.75 million
EBITDA Margin 20 - 30 %
Industries Laundromats
Locations  Lisbon
Local Time 10:16 AM Europe / Lisbon
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.72 million for 12.0% annual interest, 5 years (Native Currency: EUR 1,500,000)
Reason: At this moment we have a great opportunity to expand our business and acquire another warehouse, whi... View More
Collateral Available: USD 1.15 million
Includes physical assets worth USD 2.75 million
Interested to connect with advisors
Business Overview
- The company is an industrial laundry service provider that caters primarily to hotels in Lisbon.
- Business is B2B a strong client base of 32 clients.
- Provide daily services to hotels across Lisbon. Services provided are laundry, ironing and dry cleaning.
- Company processes an average of 35 orders per day.
- The promoter brings extensive industry experience, with over 15 years in the laundry business.
- Business is currently in a phase of rapid growth, indicating its potential for further expansion and success in the industry.
- There are 30 permanent employees, no additional temporary or contract employees.
Products & Services Overview
Industrial laundry business providing extensive services to hotels across Lisbon.
Services provided are laundry, ironing and dry cleaning.
Assets Overview
Machines and cars are estimated at EUR 1.4 million.
Warehouse valued at EUR 1 million.
Facilities Overview
We have our own industrial warehouse with 3 floors, first-floor office, ground floor for production and garage with 750 m3.
Laundry and ironing with dry cleaning facility is rented, which is 120m3.
Another warehouse of 300m3 is under construction with machines ready to work.
Capitalization Overview
The company's financing amounts to around EUR 700k.
Formed by two partners with equal shares.
We have some machines on lease, as well as vans and cars and we are finishing the payment for the warehouse.
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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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