Newly Established Laundry Business for Sale in Bangalore, India

Franchise unit of a branded laundry business based out of Bangalore is for sale.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 30 thousand
EBITDA Margin
30 %
Industries
Locations
Local Time
10:05 AM Bangalore
Listed By
Business Owner / Director
Status
Active
Overall Rating
Full Sale
Asking Price: USD 22 thousand (Native Currency: INR 1,500,000)
Reason: Business owner is planning to move abroad.
Includes physical assets worth USD 10 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Franchise unit of a laundry brand based in Bangalore. The franchise has a central washing center & multiple collection centers. We run one of the collection units.

- We are involved in collection & delivery of customer's laundry.

- All booking are done through parent company's website & we receive those orders through emails.

- This franchise unit is of a well-known brand and agreement is valid for the next one and half years.

- We collect laundry garments from customers who are within the radius of 6 - 7 Kms.

- Business has a customer base of 300 individuals in the area.

- On a daily basis, we get more than 15 customers on average.

- Revenue model: For every billing, we receive 30% commission from the parent company.

- There is a good scope of expansion due to a strategic location which is surrounded by high-end apartments and villas.

- Sales this year increased due to repeat orders from our existing customers.

Products & Services Overview

Collect garments, enter in the system and deliver the garments to the customers post laundry. Collection of charges and remitting to the company.

Facilities Overview
Recent Activity
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Disclaimer: SMERGERS is a 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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