Listing Details : LB-19253

Asking Price 25 Lacs
Turnover 30 Lacs
Legal Entity Private Limited
Category Services
Sub Category Home Care
Business Listed By Business Owner

Overview

Excellent opportunity to acquire a franchised laundrystore in the high-demand residential area of Visakhapatnam with a rental premise of area 280 sq ft. The business is fully established with India’s leading organized laundry brand and includes all state-of-the-art commercial machinery (washers, dryers, spotting equipment) and a strong existing customer base. Currently, the store is operational but a lot of scope of expansion and enhancement is ther ein the business. This represents a fantastic turnaround opportunity for a dedicated owner-operator. Currently the business is having average 2-3 lakhs per month sales. Additionally we are providing royalty of 7.5% of sales every month. The deal includes a favorable lease, complete franchise rights, and franchised brand's integrated tech platform. With minimal hands-on management, the foundation is set. Take over this premium brand asset and unlock its full potential in a growing Vizag market. Serious buyers ready to commit to active management are welcome.

Year of Establishment

2022

No. of Employees

3

Current Status of Business

Running Profitable

Business Relocatable

No

Property Type

Leased

Rental per Month

N.A

Describe Property

N.A

Competition / Market

No Competition

Products & Services

Products: 2 Heavy duty LG washing and drying machines DOMUS dry cleaning and drying machine CRM Managed store Services: Laundry Dry Cleaning Shoe Cleaning Leather Cleaning Curtain Cleaning Carpet Cleaning Additional Services: Delivery of clothes at home post cleaning.

Growth Potential

25% per year Located in the prime residential and commercial hub, Visakhapatnam, the business benefits from high foot traffic and a dedicated customer base, including local families, bachelors, and commercial accounts. This is a ready-to-operate 'Live Store' model with all state-of-the-art machinery, including commercial washing machines, dryers, and specialized spotting equipment. The sale includes complete franchise rights and an integrated digital ecosystem for seamless operations.

Reason For Sale

Owner going abroad

Financial Details

Contact Business