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Profitable Laundromat for Sale in Kakinada, India

For Sale: Profitable laundry in Kakinada offering premium services to 600+ repeat high-profile clients.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 43 thousand
Run Rate Sales USD 51 thousand
EBITDA Margin 30 - 40 %
Industries Laundromats
Locations  Kakinada
Local Time 1:30 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 39.4 thousand (Native Currency: INR 3,500,000)
Reason: The business is being offered for sale due to family health reasons.
Includes physical assets worth USD 34 thousand
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Business Overview
- Located in Kakinada, this branded laundry business has established a strong presence in the local market and boasts growing profits.
- The business serves a diverse clientele, primarily high-profile and mid-range customers, with a base of over 600 clients, including many repeat customers.
- Monthly sales range from INR 3.5 lakh to 4 lakh, with profits varying between INR 1.2 lakh to 1.5 lakh, showcasing a lucrative revenue model.
- The business operates on a per service revenue model, ensuring straightforward accounting and a transparent pricing structure for customers.
- The company has maintained consistent customer footfall, attracting 10-20 clients daily, which contributes to its steady income.
- With three years of successful operation by December this year, the business is well-established and has demonstrated resilience in its growth journey.
- The business is registered under GST, ensuring compliance with regulatory requirements and enhancing its credibility among customers and investors.
Products & Services Overview
Top-selling offerings are premium dry cleaning and laundry services, catering primarily to high-profile and mid-range customers in Kakinada.
Assets Overview
Physical assets include laundry machines and products inventory.
Facilities Overview
The store is located in a semi-commercial area, occupying about 700 sq. ft. plus an additional 700 sq. ft. of terrace space, with a monthly rent of INR 36,600 under a long-term lease.
Capitalization Overview
This is a sole proprietorship firm with an outstanding loan of INR 15 lakhs.
Recent Activity
  • 4 days, 22 hours ago
    Director, Hyderabad, Financial Consultant connected with the Business
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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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