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Laundry Business for Sale in Doha, Qatar

Laundry services company in Doha with a daily footfall of 40 - 50 customers.
This transaction has concluded.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 200 thousand
Run Rate Sales USD 200 thousand
EBITDA Margin 10 - 20 %
Industries Laundry Business
Locations  Doha
Local Time 8:36 AM Asia / Qatar
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 80 thousand (Native Currency: QAR 300,000)
Reason: Due to personal reasons, the owner wishes to sell their recently established business. The owner is ... View More
Includes physical assets worth USD 50 thousand
Interested to connect with advisors
Documents
Business Overview

- Our rented store is located roadside on a busy street in Doha.

- Have recently commenced operations and offer all basic laundry services such as washing, dry cleaning, and ironing services along with carpet cleaning services.

- We provide pickup and drop services as well.

- No minimum order to avail our services.

- Receive a daily footfall of 40 - 50 customers and have the potential to receive more specially through contracts.

- Have the potential to earn daily revenue of QAR 1,500 with the help of this footfall and with new contracts.

- We have a Facebook account through which we do occasional marketing.

- We wish to expand our operations to receive bulk orders from hotels, and other contracts.

- Promoter is originally from India and has over 22 years of work experience in the gulf countries.

Products & Services Overview

Laundry, dry cleaning, carpet cleaning, ironing services, pick up and drop facility.

Assets Overview

3 washing machines with varying load capabilities, 2 dryers: 1 big and 1 small, 1 dry cleaning machine, irons, moving cloth hanger, 1 pickup van.

Facilities Overview

Rented office space of 80 sq. m. spread over 2 floors, at a rent of QAR 14,000.

Capitalization Overview

There are no debts or loans outstanding. 2 shareholders and 2 partners but single investor. Clear title business with no payables.

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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