Profitable Laundry Business Investment Opportunity in Ernakulam, India
Established | 20-30 year(s) |
Employees | 10 - 50 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 50 - 60 thousand |
Run Rate Sales | Nil |
EBITDA Margin | 40 % |
Industries | Laundry Business |
Locations | Ernakulam |
Local Time | 1:45 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Offer laundry services (primarily linen) to 5 star hotels (Taj, Grand Hyatt, JW Marriot, Le Meridien) and hospitals (government and private hospitals). Installs the machinery at client's premises.
- After installation is completed, the business provides laundry services to their clients. We usually enter into a trade agreement that lasts up to 10-20 years. The business charges their clients according to the services that are provided at that point of time. Over 80% of the business' revenue from this vertical comes from the hotels with 20% coming from the hospitals. This particular vertical constitutes over 99% of the business' revenue. Have over 50 active clients under this vertical.
- Provides consultancy for laundry related activities and charges anywhere between INR 2 lakh to INR 5 lakh. Also provides training services to laundry service providers.
- Business is not operational currently due to the ongoing pandemic.
- Brand name of this business is well established throughout the south of India. Primarily gains customers from referrals and word-of-mouth. Have also conducted e-mail marketing campaigns.
- Business is ISO certified and an ALM (Kentucky, USA) member. Business is a pioneer in on-site operations.
- Current promoter will retain 10% stake of the business and assist the new owner in operations.
1) Install machinery at the customer's premises and operates them on-site 2) Launder for hospitals & hotels 3) Linen rental 4) Consultancy and training.
Registered office of 1,250 square feet that is owned.
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Earlier than 15 daysDirector, Construction And Material Supplier, Pune, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManager, Construction, Kochi, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Hospitality - Dry Cleaning, Mumbai, Individual Investor / Buyer connected with the Business