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Profitable Laundry Business Investment Opportunity in Ernakulam, India

20 year old ISO certified business providing laundry services to hotels, hospitals & corporates seeking strategic investors.

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
Overall Rating
Partial Stake Sale
USD 60 thousand for 90.0% stake (Native Currency: INR 5,000,000)
Reason: Owner wants to divert his focus to a different line of business. Seeking investors who can expand th... View More
Includes physical assets worth USD 30 thousand
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Business Overview

- 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.

Products & Services Overview

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.

Facilities Overview

Registered office of 1,250 square feet that is owned.

Capitalization Overview
Not Disclosed
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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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