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  5. SL004199
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Profitable Laundry Business for Sale in Bangalore

Listing ID: SL004199
Posted By: Owner
Last Active: 1+ year ago
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About Business

Laundry business for sale in one of the prime location in Bangalore. The business was started in 2017. Its a partnership company. They provide hitech laundry service with Girbau machines and also have a tie up with one of the franchise. They do the laundry for store drop coustomers, App based online pickup- drop laundry service and B2B service to guesthouse, hospitals and hotels. Approximatly 1500 Sq. Ft including reception area, workshop , staff accommodation and toilet/bathroom. The premise is rented with the amount of INR 46,200 per month with 5% hike every year. The Asking price is INR 30 lakhs which includes furnished office and interior with CCTV access , 2 Heavy Duty Gibau washer , 1 Heavy Duty Girbaue dryer equipped with gas pipeline, Steam Press machine, staff room basic kitchen equipments. It also includes the franchise fees of INR 5 lakhs valid till June 2022. It is excluding shop refundable deposit of INR 4.5 lakhs. The net profit is around 35%

Reason

Moved Abroad

Keywords

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Business Tags

Highly Profitable Laundry business Running successfully

Business Exit for ₹10 Cr – 200 Cr

Structured Transition Completed in 120 Days

Credible Buyer Connections, Confidential Discussions, and Seamless Closure

Supported by Advisors with 26+ Years of Experience

Contact IBGrid Team

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Before buying a Profitable 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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