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Profitable Laundry Business Investment Opportunity in West Bengal, India

Tech-enabled hyperlocal laundry store chain with live laundry and doorstep pick/drop service.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 10 - 20 thousand
Run Rate Sales USD 54 thousand
EBITDA Margin 40 %
Industries Laundromats
Locations  West Bengal + 1 more
Local Time 9:23 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 56 thousand for 15.0% stake (Native Currency: INR 5,000,000)
Reason: We require funds to expand and reach a milestone of 50+ franchise stores in the next 12 months.
Includes physical assets worth USD 39.5 thousand
Interested to connect with advisors
Documents
Business Overview
- App based laundry chain with live laundry and doorstep pick/drop service.
- 5,000 app downloads on Google playstore and 8000+ overall users.
- 100000+ orders catered till date.
- 2 franchise stores, 2 partner stores, 1 factory operating out of North-East. 2 more franchise stores work in progress.
- Have setup a corporate office in Kolkata for expansion of franchise model and initial paid franchise signups have been completed.
- Franchise stores are company run and we keep 60% of total revenue earned by each franchise store.
- Experienced team with vast experience across operations, logistics, technolgy, marketing and franchise development.
- Recognised by Assam startup and received grant from Assam startup.
Products & Services Overview
Washing, ironing, dry clean, home pick up and delivery.
Assets Overview
3 stacked washers/dryers, 5 irons, 1 pickup van, 2 CCTV cameras, 6 air conditioners, 4 desktop computers.
Facilities Overview
Rented facility of 1,800 sq. ft. with machinery and washing area in Guwahati, corporate office in a co-working space in Kolkata. We pay a total rent of INR 45,000 per month for the facilities.
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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