Well established and Popular Laundromat for Sale in Bangalore

Listing ID: SL007510
Posted By: Owner
Last Active: 1+ year ago
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Product / Service

Wash, Dry and Iron. Do It Yourself/Self Laundry. Full-Service Laundry

Clientele type

Domestic Household, Restaurants, Hotels/Lodge, Small Industries

Premises

Rented Property of 370 Sq.ft.
Monthly rent is INR 29,000. Security Deposit of 3.5 lakhs.
The current capacity of 3 washers and 2 dryers.
Provision to add 2 more washers and dryers

Asking Price Includes

Security deposit, Machinery, Furniture and fixtures, Software, Goodwill The asking price is based on Company valuation report prepared by Chartered Accountant and is negotiable

Reason

Primary working partner need to focus on other business interests

Other Details

Started in Jan-2017 by 3 software engineers.
Business Strength:

* Large customer Base
* Dedicated and committed staff
* Quick turnaround time
* Proximity to 9 big colleges/campuses (within 3-4 Km of distance)
* Inventory, Orders, Billing, Accounting managed with ERP software
* Huge scope of expansion as large number Hotels/Lodges coming up in the area
* Google Business/Just Dial rating of 4.5+ with very positive feedback from customers
* Scope for adding more machines as per business need
Monthly revenue is approx. INR 1 lakh and Net Profit is around INR 10,000.
Asking Price is 20 lakhs.

Keywords

Business Tags

Fully Operating Good Rating Large customer base laundromat Well established

₹10 to ₹200 Cr

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