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Laundry Business for Sale in São Brás de Alportel, Portugal

For Sale: Full-service and fully equipped laundry business in operation near Faro (Algarve).

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Other
Reported Sales USD 20 - 30 thousand
Run Rate Sales USD 30 thousand
EBITDA Margin 10 - 20 %
Industries Laundry Business
Locations  São Brás de Alportel
Local Time 1:34 AM Atlantic / Faroe
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 100 thousand (Native Currency: EUR 98,000)
Reason: We want to sell the company due to the health issues of one of the partners. The valuation of the b... View More
Includes physical assets worth USD 75 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview

- Portfolio of loyal customers, diversified between domestic and professional customers.

- Although tourist activity naturally increases seasonally, with a higher incidence in the summer, we have several clients with good occupations even in the low season. On the other hand, the volume of domestic customers increases in the non-summer months.

- The ratio between services is approximately 36% laundry for professionals, 33% wet cleaning services, 20% ironing, and 14% services provided by partners (with commission).

- On average the laundry receives around 25 customers on a daily basis (10 for laundry services and about 15 to 20 for the parcel shop). It is higher during weekdays (closed on Saturday afternoon and Sunday).

- The business has 2 big washing machines, 1 big drying machine, 1 smaller washing machine and 1 smaller drying machine for eco-friendly wet cleaning, 2 professional ironing tables, and 1 wall ironer.

- 60% of our customers are repeat customers.

- The business also provides pickup and delivery services.

Products & Services Overview

Full-service laundry for domestic customers (garment clean, wash, dry, iron and/or fold) and for professionals (wash, dry, iron and/or fold)

Parcel shop/pickup and delivery point for shipments from a high-traffic carrier.

Assets Overview

The buyer will get all laundry activity (CAE 96010) and respective client portfolio, all machines and equipment necessary for the operation, the van, and all existing inventory at the time of sale, as well as the parcel shop.

Facilities Overview

Operating from a leased shop occupying space of 72 sqm (affordable lease) which is fully equipped for laundry activity with the possibility of expanding the number of machines, including adapting the space to complement with self-service activity.

We are located in São Brás de Alportel, Faro area, in Algarve, Portugal.

Capitalization Overview

The business has 2 shareholders and we are selling it because one of the shareholders in sick.

The business will be sold without any debt.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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