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View results: Sharjah Ready Business Laundry & Dry Cleaning
Commercial Laundry in Sharjah

Views: 20 posted: 31 January 2015 # 40618

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UАE > Sharjah > Qasimiah Area
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Characteristics

Parameters

Size m2: 30
Quantity of labour visas: 2
Organisation type: LLC
Establishment year: 2013

ECONOMICS DETAILS

Revenue per year (AED): 66,000

TOTAL EXPENSES

Local sponsor per year (AED): 10,000
License fees per year (AED): 6,000
Rent space per year (AED): 40,000
Salary expenses per year (AED ): 60,000

CHARACTERISTIC

Number of employees: 2

Description

Our one year old commercial laundry located in Sharjah (Qasimiah Area).

Ever since we started just over a year ago, it has only focused on corporates and providing the best quality laundry to health clubs and hotels. Laundry has a profitable business with a good financial track record and currently serve health clubs like TribeFit, FitnessHQ and others.

The business is profitable and with excellent margins.

This business will be of interest to you if you have an enterprising nature and intend to make the business grow after the initial settling in period.

The systemic processes and procedures including the presence of management and supervisors will allow the new owner time to become familiar with all the aspects of the businesses. Transfer of ownership can be a few weeks long to make the owner comfortable during transition.

Value of Assets inside: 220 000 AED

Premise Details: Approximately 300 square feet

Competition: Other providers of premium dry cleaning and laundry services

Expansion Potential: Significant.

The new investor can tap into the consumer market and deviate from corporates while also adding an advertising revenue stream through branding hangers and covers.

Also, close more corporate deals with the expansion that Dubai will see in hotels as EXPO2020 comes closer.

Get approval for 24Hr license and increase working hours from 16 to 24hrs.

Trading hours: 6am to 12midnight

Support & Training required: A company that can continue to run the laundry in case the new owner needs to stay away from operation or train the owner is available and can be hired.

Property Details

Other Business Details

Business Operation Details