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Laundry Business Seeking Loan in Nanded, India

Laundry solutions catering to Indian Railways as well as individual customers.

Established 20-30 year(s)
Employees 100 - 500
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 600 thousand
Run Rate Sales USD 640 thousand
EBITDA Margin 10 %
Industries Laundry Business
Locations  Nanded
Local Time 3:29 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.3 million for 5.0% annual interest, 10 years (Native Currency: INR 100,000,000)
Reason: To set up a unit in Pune.
Collateral Available: USD 700 thousand
Includes physical assets worth USD 130 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- It is a dry cleaning business.

- We provide services to Indian Railways on a pan India basis.

- We have to fulfil tender requirement for the contract.

- Have been serving the Indian Railways since 17 years and have served almost 20,000 individual customers.

- Owner has 25 years of industry experience.

Products & Services Overview

- Laundry solutions.

Facilities Overview

Own premise of 15,000 Sq Ft.

Recent Activity
  • Earlier than 15 days
    Director, Delhi, Financial Consultant connected with the Business
  • Earlier than 15 days
    GM, Andhra Pradesh connected with the Business
  • Earlier than 15 days
    Partner, New Delhi, Financial Advisor connected with the Business
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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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