Laundry And Dry Cleaning Business For Sale In Mumbai
About Business
The owner has been running a cloth washing business in Mumbai since 2012, with 14 outlets across the city. It offers services like dry cleaning, steam pressing, and special care for delicate fabrics, mainly bridal wear. Free pickup and delivery are also available.
Clientele type
The clientele includes several high-profile and celebrity customers from prominent areas such as Pali Hill, Hill Road, Colaba, Prabhadevi, and Mahim.
Premises
OWNED
Premise Size: 4000 sq.ft.
Market Value (in INR): 20.00 Cr
The main office is located near Siddhivinayak Mandir, and the business holds machinery valued at 5 cr.
Asking Price Includes
The sale includes the entire business, along with machinery valued at INR 5 crore.
Reason
The owner is looking to sell the business, as his son, who currently oversees the operations, is planning to relocate abroad.
More Details
The business currently employs 45 staff members, managing daily operations across all locations.
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted 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 maybe 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.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- 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 second-line of management?
- Are you going to run the business on 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?