1. Businesses
  2. Personal Services
  3. Karnataka
  4. Bangalore
  5. SL004749
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Newly Opened Laundry Business for Sale in Bangalore

Listing ID: SL004749
Posted By: Owner
Last Active: 1+ year ago
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About Business

This laundry business was established in June 2018 in Panathur suburb in Bangalore city. It is a proprietorship firm. It is located in major residential area and there is no laundry in a radius of 3 KM area. The area of the premises is 200 sq. ft and the monthly rent is INR 8,000. They owner has paid INR 50,000 as security deposit. There is big residential colony being constructed which will have has 6,000 apartments. The laundry is equipped with all infrastructure and all amenities. The daily average customers are 60-80. The business can make INR 25,000- INR 30,000 monthly net profit. The June 2018 turnover was INR 85,000. The asking price is INR 2 lakhs.

Reason

Owner is having Construction Business and is not able to concentrate in Laundry business

Keywords

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Business Tags

dry cleaning Laundry business

₹10 to ₹200 Cr

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To connect with the owner of this Newly Opened Laundry Business for Sale in Bangalore:
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Before buying a Newly Opened Laundry Business for Sale in Bangalore, check:
  • Growth prospects of the industry and business
  • Sales, profitability, and cash flow of the business should be considered
  • Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
  • Does the business have a second-line of management?
  • Are you going to run the business on a day-to-day basis or appoint some professional for the same?
  • What decisions are to be taken to improve the profitability of the business?
  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
    • Will the clients continue with the business after the acquisition?

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