Established and Popular Laundromat for Sale in Bangalore
Email
Phone
Google
LinkedIn
Facebook
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 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
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?
