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#Business ID: 26222

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Established Dubai Laundry Chain with Vehicle Fleet For Sale

Business Location: Dubai, United Arab Emirates

Asking Price: AED 375,000 Revenue: AED 500k to 1m Cash Flow: AED 100k to 250k

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

This business was established by an ex-investment banker in 2011 with the first laundry outlet in one of the most sought after commercial locations. It grew into a reputable chain of laundry outlets in high-end locations across Dubai. With 2 retail units and 4 pick-up/delivery vehicles they cover the most populated locations in the city with washing, ironing, dry cleaning, curtain, sofa and carpet cleaning and alteration services.
All units of the chain are run professionally by a team of 12 employees. The appointed supervisor has more than 10 years of experience in the industry and manages the day-to-day activity. Two branches of the laundry group are located in the most prestigious areas in Dubai.
The business has earned a great reputation over the years and has positioned itself as one of the major players in the upper-end of laundry retail. The company brand is trade-marked and registered with the Ministry of Economy for exclusivity in the UAE. Accounting records are accurate and clean- reflective of the high standards of the founder. The business has implemented multiple systems for quality control to maintain premium standards and has membership to the Cleancloud Loyalty Programme.
The business is well-established and is a great set-up for a buyer that is looking to capture market share and develop it into a country-wide chain. It has a well-established online presence and is a leader in social media marketing within the industry. There is plenty of room for growth and optimization and the buyer would benefit from having a known brand and smooth functioning business with daily cash income. There is further growth potential in covering additional areas of Dubai through pick up and delivery and through partnering with more online service aggregators.

Please contact us for more details.

Property Details

Size:

300 sq ft and 200sq ft

Years Established:

10

Property Type:

Lease

Other Business Details

Business Location:

Two prime locations in Dubai

Premise Details:

One Kiosk and one shop

Expansion Potential:

Prime laundry units with established clientele and with addition and activation of further delivery drivers, tie-ups with holiday home companies and loyalty scheme initiatives, and with Expo 2020 coming to Dubai by end of this year the business is well on the way to recovery.

Living Accommodation?

Yes
10-person occupancy room rented

Business Operation Details

Employees:

8

Trading Hours:

8 - 8

Support & Training:

1 month handover

Miscellaneous Details

Reason For Selling:

Owner has other businesses and is looking to focus on them.

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