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  5. SL004995
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Laundry Business Looking for Investment in Hyderabad

Listing ID: SL004995
Posted By: Owner
Last Active: 1+ year ago
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About Business

The private limited company was started in the year 2016 in Hyderabad. The business is an on-demand laundry and dry-cleaning service provider. Currently they are serving Madhapur, Kondapur, Manikonda, Hitech City, Gachibowli, KPHB, Nanakramguda, Nizampet, Kukatpally, Pragathi Nagar, Jubilee Hills. The clothes are washed in industrial grade washing machines and superior detergents.
The person can place order for pick-up via the app based on the time slot, clothes are picked up and taken to laundry. The App follows a hub-and-spoke model with a smart scheduling technology to utilize the manpower optimally. They have customer base of 12,000. They have average 900 monthly orders. The company is looking to expand in different locations in city. The company is looking to set up laundry kiosks or a pick-up and delivery store where people can drop off clothes and update the details in the App. The company is going to tie up with Amazon delivery retail store for services too.
The turnover for FY 2017-18 was INR 85 lakhs. The company is looking for investment of INR 1 cr to scale up. (Any other information required is available on request)

Reason

Expansion

Keywords

Dry Cleaner & Laundry business opportunities in Hyderabad , Franchise opportunities in Hyderabad , Dry Cleaner & Laundry business investment in Hyderabad , Dry Cleaner & Laundry business opportunities , Business opportunities in Hyderabad

Business Tags

app hub-and-spoke model Laundry business Technology

₹10 to ₹200 Cr

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