Well Established Laundry Business Available for Sale in Delhi

Listing ID: SL004639
Posted By: Owner
Last Active: 1+ year ago
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About Business

This laundry business is operational since 2015. It is a partnership business. The business is located at one of the prime locations and surrounded by Jawahar Lal University, IIT, and many students hostel.
On daily basis, they receive 40-50 orders. They have tie-up with the online portal like Urbanclap and receive majority of orders through it. They have established a good name in the market and have regular customers. There are 3-4 employees working in the business.
They have 3 laundry machines of SPEED QUEEN brand. The premise is on lease with a monthly rental of INR 30,000.
The Asking price of the business is between INR 15-20 lakhs (including machinery worth INR 10.5 lakhs, brand name, and set up ).
The turnover for the last financial year 2017-18 was INR 25 lakhs with a Net profit of INR 6 lakhs.

Reason

Both partners are moving out of Delhi

Business Tags

dry cleaning Laundry business

₹10 to ₹200 Cr

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  • Time period of payback or return is envisaged from the business?
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