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  5. SL007510
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Established and Popular Laundromat for Sale in Bangalore

Listing ID: SL007510
Posted By: Owner
Last Active: 1+ year ago
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About Business

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

More Details

Started in Jan-2017 by 3 software engineers.

Business Strengths:
* 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.

Keywords

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Business Tags

Established and Popular Laundromat for Sale in Bangalore Fully Operating Good Rating Large customer base laundromat Well established

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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To connect with the owner of this Well established and popular Laundromat for Sale in Bangalore:
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  • Click on the “Contact Business” button on the business detailed page
  • Connect with the business owner directly
Note: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.

Before buying a Well established and popular Laundromat 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.

IndiaBiz offers:
  • Direct connection with owners
  • Advisory services like valuation, end to end deal management
  • Business preparation like preparing Information Memorandum, Pitch deck, etc.
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

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