Profitable Laundry Business For Sale In Bangalore
Email
Phone
Google
LinkedIn
Facebook
Product / Service
They offers a range of laundry services, including dry-cleaning, steam ironing, machine washing, folding, and packing. They are dedicated to providing convenient and high-quality laundry solutions to their customers.
Clientele type
Their client base includes high-end, double-income professionals, as well as hotels and resorts, which require reliable and efficient laundry services. They serve a diverse group of customers who value convenience and quality.
Premises
LEASED
Lease per month (in INR): 30.00 K
Security Deposit (in INR): 2.50 L
Carpet Area: 300 sq ft
Their premises are located on the ground floor of a shopping complex adjacent to a main road, with parking space available for customers. The shop is strategically surrounded by residential apartment complexes, with over 300 apartments nearby, making it easily accessible to the local community.
Asking Price Includes
The asking price includes machinery, inventory, infrastructure, supplier list, and manpower.
Reason
The promoter is an working professional. Have been promoted to an country wide higher role. So i need to exit the business to focus on role upgrade.
Other Details
They started this business in 2022, a leading online laundry service provider, they have established a registered customer base of over 6000 users. The business offers doorstep service, where a representative picks up laundry, washes, dries, folds, presses, and delivers it back within 24 hours. Their business revenues are growing steadily, with a 10% month-on-month increase and a 25% year-on-year growth rate, highlighting their successful expansion and customer satisfaction.
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?
