1. Businesses
  2. Personal Services
  3. Tamil Nadu
  4. Chennai
  5. SL010331
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Sale of laundromat unit at the heart of Chennai city

Listing ID: SL010331
Posted By: Owner
Last Active: 1+ year ago
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About Business

We provide individual wash, dry and fold, and deliver the same in 24 hours.

Clientele type

Clientele right now is 400.

Premises

OWNED

Premise Size: 600sft

Market Value (in INR): 18.00 L

Building is located at the heart of the city and its a rented place. With ample water and good working atmosphere. There is a huge scope for expansion too.

Asking Price Includes

Included advance for the place, machinery, good will and clientele base.

Reason

Just because of my age. I am sixty eight years old. Can't run the business due to ill health.

More Details

Anybody who took over the business can improve the clientele. I am planning to sell this because of my age. This business is well suitable for female entrepreneurs. They can able to make around 4 lakhs per month with the existing capacity.

Keywords

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₹10 to ₹200 Cr

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To connect with the owner of this Sale of laundromat unit at the heart of Chennai city:
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Before buying a Sale of laundromat unit at the heart of Chennai city, 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].

Yes. Once connected, you can negotiate:
  • Deal structure (cash, equity, mix)
  • Transition timeline
  • Support during handover
  • Final consideration based on due diligence

As a seller, you are not allowed to contact another seller.

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