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Newly Established Laundromat for Sale in Bengaluru, India

For sale: Well-established laundry franchise business in RRNagar, Bengaluru with steady revenue and strategic location.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 6.3 thousand
EBITDA Margin 20 - 30 %
Industries Laundromats
Locations  Bengaluru
Local Time 2:13 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 23.4 thousand (Native Currency: INR 2,000,000)
Reason: The promoter is moving out of the city. The high valuation expectations are as the promoter has pai... View More
Includes physical assets worth USD 15.8 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- The business is a franchise of a well-known laundry and dry cleaning service, having started operations 2 months ago. The promoter has already made a one-time payment of INR 5.5 lakh to the franchise and pays a royalty of 5% of the monthly revenue.
- Business is strategically located in RR Nagar, Bengaluru, surrounded by multiple apartments, PGs, hotels, residential houses, and college hostels, providing a significant customer base in the vicinity.
- With an average of 5-6 customers per day and an average ticket size ranging from INR 300-400, the business has been generating steady revenue since its inception.
- We also provide home delivery within a 4 km radius.
- Franchise provides comprehensive support including online and offline marketing, business software, and necessary chemicals for washing, enhancing the operational efficiency of the business.
- The facility has 24-hour water and electricity, generator backup, and a lift facility is also available.
- Business is highly rated with a 5-star rating on Google, we also have a professional website with an app for customers to reach the store online.
- Business is duly registered and holds Udyam and GST certifications.
Products & Services Overview
The business's top-selling services include:
- Laundry, dry cleaning, steam ironing, carpet cleaning, curtains cleaning, sofa cleaning, and shoe cleaning.
Assets Overview
Tangible assets: imported LG commercial washing & dryer machine (each 1 number) and speed queen (quantum) brand of USA washing and dryer machines (1 each) with fully furnished store with counter and cupboards, steam iron table, 10KV stabilizer, with proper exhaust and gas connection.
Facilities Overview
The business operates from a rented store of area 750 Sqft, with a monthly rental of INR 24,000. The business is on the 3rd floor.
The business is located near RNS Institute of Technology, RR Nagar, Bengaluru.
Capitalization Overview
65% of the business establishment is funded by an SBI loan.
The total outstanding loan is INR 14 lakh and the rest of the INR 8 lakh was used from the promoter's funds. The buyer will not be liable for this loan as the promoter plans to repay the loan after this transaction.
The business is a sole proprietorship.
Recent Activity
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1 Buyer contacted this Business this month. Register below to connect now!
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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