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Profitable Laundry Business for Sale in Bangalore, India

Franchise unit of a branded laundry business based in Bangalore is for sale.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 12 thousand
Run Rate Sales USD 24 thousand
EBITDA Margin 30 %
Industries Laundry Business
Locations  Bangalore
Local Time 11:17 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 12 thousand (Native Currency: INR 1,000,000)
Reason: Business owner is planning to move abroad.
Includes physical assets worth USD 8 thousand
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

Rented shop of 120 Sq. Ft. and we pay a rent of Rs. 15,500 per month.

Capitalization Overview
Not Disclosed
Recent Activity
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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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