Laundry Business Looking for Investment in Hyderabad

Available on Introduction
Listing IDSL004995 Ticket Size50 Lakh-1 Crore Last Year TurnoverINR 85.00 Lac Verification Status Pending
  • Laundry Business Looking for Investment in Hyderabad

Business Details

The private limited company was started in the year 2016 in Hyderabad. The business is an on-demand laundry and dry-cleaning service provider. Currently they are serving Madhapur, Kondapur, Manikonda, Hitech City, Gachibowli, KPHB, Nanakramguda, Nizampet, Kukatpally, Pragathi Nagar, Jubilee Hills. The clothes are washed in industrial grade washing machines and superior detergents.
The person can place order for pick-up via the app based on the time slot, clothes are picked up and taken to laundry. The App follows a hub-and-spoke model with a smart scheduling technology to utilize the manpower optimally. They have customer base of 12,000. They have average 900 monthly orders. The company is looking to expand in different locations in city. The company is looking to set up laundry kiosks or a pick-up and delivery store where people can drop off clothes and update the details in the App. The company is going to tie up with Amazon delivery retail store for services too.
The turnover for FY 2017-18 was INR 85 lakhs. The company is looking for investment of INR 1 cr to scale up. (Any other information required is available on request)

Last Years Gross ProfitAvailable on request EBITDAAvailable on request
Total Views699 Last Active2+ months ago
IndustryDry Cleaner & Laundry LocationHyderabad
Entity typePrivate Limited Started in 2016
Transaction TypeInvestment Employees11-25
ReasonExpansion
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