Listing Details : LB-15469

Asking Price 15 Lacs
Turnover N.A
Legal Entity Proprietorship
Category Services
Sub Category Home Care
Business Listed By Business Owner

Overview

A franchise-based laundry business of a renowned Indian brand in Bengaluru, Karnataka, is now available for sale. Operating from a 700 sq. ft. rental premise, the business provides a wide range of services, including laundry, dry cleaning, carpet cleaning, curtain cleaning, shoe cleaning, and sofa cleaning. The outlet is equipped with two 15 kg washing machines, two dryers, one steam iron table, and a stabilizer, ensuring efficient operations. With a daily customer footfall of 8-10, the business achieves a steady net profit margin of 10%. The interior setup holds a book value of ₹2.5 lakhs. While the business includes an existing loan structure, it offers a profitable franchise model with significant growth potential in a prime urban location. A great opportunity for individuals looking to invest in a ready-to-operate venture within the cleaning service industry.

Year of Establishment

2024

No. of Employees

3

Current Status of Business

Running

Business Relocatable

Yes

Property Type

Leased

Rental per Month

24 Thousand

Describe Property

N.A

Competition / Market

No competition around 2 kms

Products & Services

Laundry, Dry clean, Carpet Cleaning, Curtains Cleaning, Shoe Cleaning, Sofa Cleaning

Growth Potential

more than 30%

Reason For Sale

Leaving the state, hence need to sell the business

Financial Details

Listing Details : LB-15469

Asking Price 15 Lacs
Turnover N.A
Legal Entity Proprietorship
Category Services
Sub Category Home Care
Business Listed By Business Owner

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