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Listing Id: 4968 Last Refreshed: 26/05/2019 10779 Views

A Factory-based Laundry & Dry Cleaning Business For Quick Sale

Closed
Asking Price Under <span class='currency'>S$</span>50K
This business has been Sold

This listing is no longer accepting enquiries. Browse similar businesses currently available for sale.

Overview

Financial Performance

Monthly Figures
Revenue
S$5K - 10K
Gross Profit
S$5K - 10K
Net Profit
Under S$5K
Monthly Rentalt
S$0

Business Operations & Assets

Year of Incorporation
2011
Owner Role
Part Time
Premise Status
Rent

Business Details

Reason For Sale

Unable to manage much with expected more time to spend overseas

Description

An established small-scale factory-based laundry & dry cleaning business (+ option of a well-located retail shop) for quick sale.  Customer mix is about 80% recurring Commercial + 20% regular customers.  The size is ideally suitable for either new entrepreneur to expand, business owner who owns other laundry business like Retail Laundry Shop, Coin Laundry or competitors to buy up for market share.  Company accounts is available to review for serious buyers.


This BUSINESS comes with Assets & the mostly recurring Customer Database.


A simplified operations can be ran REMOTELY or HANDS-ON as existing trustworthy staff are experienced to self-run the show (+ option of taking over the reliable staff).  Training & agreed on-going support witll be given.


With OWN FACTORY & NO FRANCHISE, profits & costs can be managed more efficiently with more market potential to grow the business!

Facilities

Existing laundry machines, fixtures, consumables, 3 phase power & pipings

Competition

Limited as most customers have been with Company since 2011.

Expansion Potential

Yes, and enormous
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