Laundry Business for Sale in Dubai, United Arab Emirates
For Sale: Complete assets of Dubai based non-operational laundry business.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 410 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Laundromats |
| Locations | Dubai |
| Local Time | 3:14 AM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
260 thousand
(Native Currency: AED 950,000)
Reason: Business was closed due to Covid, and hence looking to sell the physical assets.
Includes physical assets worth
USD
260 thousand
Interested to connect with advisors
Documents
Assets List
(505.9 KB)
Business Overview
- The business stopped operations during the beginning of the year, due to Covid.
- Only the physical assets of the business will be sold.
- The property is rented and has a total area (G+M) of 8,500 square feet. Ground floor has an area of 5,300 square feet and mezzanine floor has an area of 3,200 square feet.
- There is also a 150 Sq. Meter backyard available.
- The rent is 165,000 AED yearly + 2 months grace period can be applicable from the Landlord.
- New owner will have to renew the rental agreement with landlord.
- Property has CCTV available for all areas, sewerage connected directly with DM network, 10,000 liter tank for operation storage, Dubai Economic Department Permit to work 24 * 7, and 5,000 liter LPG tank underground on the back yard approved by DCD.
- The trade license will not be sold along with the business and there are no remaining staff.
- Only the physical assets of the business will be sold.
- The property is rented and has a total area (G+M) of 8,500 square feet. Ground floor has an area of 5,300 square feet and mezzanine floor has an area of 3,200 square feet.
- There is also a 150 Sq. Meter backyard available.
- The rent is 165,000 AED yearly + 2 months grace period can be applicable from the Landlord.
- New owner will have to renew the rental agreement with landlord.
- Property has CCTV available for all areas, sewerage connected directly with DM network, 10,000 liter tank for operation storage, Dubai Economic Department Permit to work 24 * 7, and 5,000 liter LPG tank underground on the back yard approved by DCD.
- The trade license will not be sold along with the business and there are no remaining staff.
Products & Services Overview
Non-operational laundry business, cleaning, washing, ironing, pressing.
Assets Overview
8 multipurpose roll cage, 2 steel tables, electronic floor scale, 8 fire glass heavy duty laundry trolleys, double basin sink, Maytag stack washer, Logi control washer extractor, 5 Micro Control washer extractors, water recovery tank, 4 Micro Control dryer gas heated, stainless steel lint collector, automatic carpet washing machine, automatic carper spin dryer, automatic carpet dust remover, 3 shelving units, plastic top table, Omark safety eye wash sink, stainless steel board, cabinet, dry cleaning module vortex, steam air-form finisher, air operated dry cleaning utility, air operated laundry utility, air operated dry cleaning presser, shirt press, sleeve press, 4 electrical heated vacuum board, 2 swinging arm, ironing table, 3 Indian electrical irons, 3 heavy duty work tables, garment wrapping machine, sewing machine, 8 single garment trolleys, conveyor, ABAC electrical air compressor, air dryer, boiler and accessories, blow off separator's, Simplex return systems, water softener, chemical feed system, dry clean machine, electrical washer extractor, flatwork iron, folder and feeder.
Facilities Overview
Property is rented and has an area of 8,500 square feet. Ground floor has an area of 5,300 square feet and mezzanine floor has an area of 3,200 square feet.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Dry Cleaning And Laundry, Dubai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Agriculture Support, Bangkok, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysHead (Finance), Beauty & Wellness, Dubai, Individual Investor / Buyer connected with the Business
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