Profitable Laundry Business Seeking Loan in Bangalore, India

Friendly neighbourhood laundry business in Rajarajeshwari Nagar, Bangalore, extremely popular amongst numerous PGs dotting the area.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 8 thousand
EBITDA Margin
20 - 30 %
Industries
Locations
Local Time
3:28 AM India
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 20 thousand for 10.0% annual interest, 5 years (Native Currency: INR 1,500,000)
Reason: For marketing and advertising.
Collateral Available: USD 20 thousand
Includes physical assets worth USD 4 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Plan
Business Overview

- Outlet is located in Rajarajeshwari Nagar, Bangalore and operating since 2015.

- We provide washing, ironing, polishing and darning of clothes.

- Have more than 500 regular customers who visit our store in the locality.

- 90% of our customers are repeat customers.

- Daily footfall is more than 25 on an average.

- When it comes to ironing we press one cloth per minute.

- It is quite popular in the area due to more number of PGs in the locality.

- Business owns the whole set up required for the laundry service.

Products & Services Overview

Ironing, washing, dry cleaning, polishing and darning.

Facilities Overview
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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