1. Businesses
  2. Personal Services
  3. Karnataka
  4. Bangalore
  5. SL005522
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Profitable Laundry and Dry Cleaning Business for Sale in Bangalore

Listing ID: SL005522
Posted By: Owner
Last Active: 1+ year ago
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About Business

This Sole Proprietorship Business is operational since March 2012.
It is a Centralized laundry equipped with all the modern equipments.
Corporate clients are 8. They have contracts signed till December 2019 and will be extended.
Monthly rent is INR 45000 and premise area is 2000 sq.ft. Employees working are 10.
Monthly revenue is between INR 3.5 to 4.5 lakhs and net profit is INR 1.5 lakhs.
Asking Price is INR 60 lakhs (includes complete setup, machines, existing lease period, clients contract, website)

Reason

Personal

Keywords

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₹10 to ₹200 Cr

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Before buying a Profitable Laundry and Dry Cleaning 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?

The business opportunity is posted either by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published.

We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity may be put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks.

We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.

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If you have any queries or need help, our team is here for you. You can email us at [email protected].

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  • Transition timeline
  • Support during handover
  • Final consideration based on due diligence

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