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Profitable Laundry Business for Sale in Chennai, India

Chennai based laundry business that provides services such as washing, pressing and packaging.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 150 thousand
EBITDA Margin 30 - 40 %
Industries Laundromats
Locations  Chennai
Local Time 2:32 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 236 thousand (Native Currency: INR 22,500,000)
Reason: One of the partners has expired, hence looking to sell the business.
Includes physical assets worth USD 105 thousand
Interested to connect with advisors
Documents
Business Overview
- We are a 6 years old Chennai based company involved in the laundry business.
- We have a total of 10 branches and one washing factory in Chennai.
- Our services have been used by 14,000+ customers and we currently have 8,000+ active customers.
- We have a 5,000 square feet rented property which is the main factory where all the clothes are systematically accumulated and washed.
- The other 10 branches/shops are rented as well with a built-up area ranging from 100-150 square feet.
- These 10 branches are meant to collect the clothes, and these clothes are transferred to the main factory for washing.
- In Chennai, we are the major competitor in the laundry business and have been a pioneer for the last 6 years.
- For now, we are primarily focused on serving the B2C market.
- What makes us unique from other laundry business companies is our quality of washing clothes.
- Another reason for customers to trust us is we strictly follow hygienic washing methods.
- We have a large employee size divided into different teams such as washing, pressing, packing and customer handling.
- Every employee in our company are experienced and expert in their respected fields.
Products & Services Overview
Provide complete washing, cleaning and laundry services.
Assets Overview
Washing machine, hydro exactor, dyer, dry cleaning machine, steam ironing machine, spot-fixing machine, heavy box ironing table and ironing box, computers, printers, CCTV, furniture, air conditioner, billing software.
Facilities Overview
A rented property of 5,000 sq. ft. for factory unit and 10 rented shops with built-up area ranging from 100-150 sq. ft.
Capitalization Overview
Not Disclosed
Recent Activity
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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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