Products/Service

Successful laundromat business established in the year 2013 and running successfully with good profits. The promoter wants to sell the entire setup of business. Premise is on lease and monthly rent for the location is INR 27000 and the store area size is 500 Sqft. There are 2 employees working in the company. Looking to sell the entire business along with Laundry Equipment, staff etc. Last year's turnover was INR 18 Lacs and the profit was INR 6 Lacs plus. Currently, only catering to laundry and an expansion to dry cleaning and other related services would help to double the revenue in a matter of 1 year. The asking price of the business is INR 10 Lacs.

Reason

Planning to relocate abroad and so will not be able to allot enough time to take care of this business.

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