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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 5-10 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 200 thousand
EBITDA Margin 30 - 40 %
Industries Laundry Business
Locations  Chennai
Local Time 5:52 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 330 thousand (Native Currency: INR 25,000,000)
Reason: One of the partners has expired, hence looking to sell the business.
Includes physical assets worth USD 130 thousand
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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.

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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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