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Profitable Laundry Business for Sale in Bangalore, India

Laundry business in Bangalore having a well equipped facility, serving 100 retail and 4 commercial clients.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 10.5 thousand
Run Rate Sales USD 11.4 thousand
EBITDA Margin 45 %
Industries Laundromats
Locations  Bengaluru
Local Time 2:52 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 12.6 thousand (Native Currency: INR 1,200,000)
Reason: Due to my father's death we plan to sell this business and move to our hometown.
Includes physical assets worth USD 8.4 thousand
Interested to connect with advisors
Business Overview
Our laundry business was started in 2017 and we offer washing and dry cleaning services for clothes, shoes and toys.
We have 100 retail and 4 commercial customers. The shop is running well and we have a growing demand of our services. On the weekends, we work day and night.
Facility Details: Have LG Stacker, IFB commercial washer of 12.5 kg, 3 domestic washing machine, 2 iron table, servo stabilizer, water softener, 5,000 litre water storage tank, electrical fittings, water supply fittings, open area behind the shop for sun dry.
Products & Services Overview
Provide washing, dry cleaning, steam ironing, carpet cleaning, shoe cleaning and soft toys cleaning services.
Facilities Overview
It is a rental shop of 600 sq ft paying INR 12,000 monthly 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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