- Application/Website Development.
- Well equipped and fully operational laundry facility for sale.
- The facility is equipped with modern washers, dryers, and steam presses.
- The factory has a 55kW electrical supply, a diesel generator, a voltage stabilizer, a pressure pump, and a compressor.
- Most of the equipment is brand new and none of them require replacement for at least the next 2 years.
- The entire facility has the capacity to process 25,000 kg of laundry at any point in time.
- At present, the business runs at 40% capacity with 6 temporary staff.
- The revenue generated since we started operations 6 months back is INR 18 lakh with operating margins of around 30%
- All of these assets are held under a private limited entity.
- Only the assets are listed for sale and the private limited entity is not on offer.
- The new acquirer can continue to use the same facility at their discretion as the lease can be easily transferred.
- Additional information about the assets can be found in the attached presentation. Products & Services Overview Laundry, dry cleaning, wet cleaning, household cleaning, steam pressing.
Facilities Overview Leased factory space located in an industrial estate with a built-up area of 2,600 sq. ft.
The net effective monthly lease rent inclusive of GST and TDS is INR 43,200.
The lease is valid for another 2 years with an increment clause of 5% each year.
We have also paid a security deposit worth 2 months of rent which the acquirer will have to replace if they intend to continue using the facility. This amount is not included in the sale price.
The facility has scope for a mezzanine floor and has a separation between the factory area, employee office, and the MD office.
It also has ample parking space and a provision for worker's accommodation.
Business seek for: Full sale of business
Percentage of stake: 100%
Selling Price/Loan Amount: INR 8,700,000
Established From: 2019
Category: Sector & Category BUSINESS SERVICES, LAUNDRY SERVICES
No. of Employees 10
Legal Entity Private Limited Company
Annual Turnover INR 1,800,000
Annual EBITA INR 1,200,000
Physical Assets Value INR 6,000,000
Trading Hours 09:00 AM to 09:00 PM, Seven days a week basis.