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Profitable Laundry Business for Sale in Navi Mumbai, India

For Sale: Laundry business in a prime area of Navi Mumbai with 80% repeat customers.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 20 thousand
Run Rate Sales USD 22 thousand
EBITDA Margin 30 - 40 %
Industries Laundry Business
Locations  Navi Mumbai
Local Time 5:36 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 22 thousand (Native Currency: INR 1,800,000)
Reason: Got a new job in IT so would not be able to handle this business.
Includes physical assets worth USD 16 thousand
Business Overview

- 1-year-old laundry business based out of Nerul, Navi Mumbai.

- The outlet is surrounded by the hostels, PGs, shopping complexes & residential buildings.

- The business gets over 80% repeat business.

- Business was started in August 2017 & has completed more than 6,000 orders.

- On a monthly basis, we serve more than 500 customers.

- We use US-style Laundromat with Ironing.

- The outlet is facilitated with scotty & water line with a 2,200 litre dedicated water tank.

- We have our own delivery system which delivers the product within 4 hours of the service order.

Products & Services Overview

Wash & fold, Wash & Iron, Dry cleaning, Shoe Cleaning, Carpet Cleaning & Curtain Cleaning.

Facilities Overview

Area 200 Sq. Feet to 300 Sq. Feet on rent.

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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