Laundry Business Seeking Loan in Shillong, India

Bulk laundry business seeks to buy additional machinery to service more hotels and guest house clients.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 30 thousand
EBITDA Margin
20 - 30 %
Industries
Locations
Local Time
7:00 PM Aizawl
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Loan
USD 28 thousand for 15.0% annual interest, 5.0 years (Native Currency: INR 2,000,000)
Reason: Need to increase plant size and purchase new machinery.
Collateral Available: USD 21 thousand
Includes physical assets worth USD 8.4 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Msme Registration
Business Overview

- A laundry business where we pick, wash, dry, iron and deliver the clothes.

- Have 5 clients as of now.

- Mostly we deal with hotels, resorts and guesthouses.

- We do door-to-door marketing through a personal presentations to the clients.

- There are 7 more guest houses and hotels who would want our services but we cannot commit since we need more funds to buy machinery and develop more space for the plant.

- The capacity of the machine is 250 Kilos per day and we are looking to increase it by 500 Kilos per day.

Products & Services Overview

Laundry services.

Facilities Overview
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How can I be sure that the business profile will be active?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more