This is a well-established laundromat with a dedicated customer base. It's the only laundromat in the area that accepts Octopus and Alipay, making it convenient for customers. The owner is selling due to time constraints from another business venture.
Key Points:
Financials:
Asking price: HKD 180,000
Monthly revenue: HKD 15,000 from laundry services, HKD 6,000 from locker rentals, and additional income from laundry essentials.
EBITDA margin: 25% (profitable)
Includes physical assets worth HKD 156,000
Business Overview:
Established for 5-10 years
Less than 2 employees
Recently refurbished washers with new motors and controllers
Average of 400 customers per month
All necessary business licenses in place
Products & Services:
Laundromat with 4 washers and dryers
Kiosk selling laundry essentials
3 SF lockers rented to logistics companies
Facilities:
Approximately 400 sq ft with storage area
Good foot traffic from residents
Monthly rent: HKD 14,500
Company Structure:
Private limited company
Sole owner with 100% stake
No debts or loans
Overall, this is a stable and profitable laundry business in a good location. It could be a good opportunity for someone looking to enter the laundry business in Hong Kong.
If you're interested in this business opportunity, make an offer.
Profitable Laundromat for Sale in Hong Kong
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