Profitable & Easy to Manage Cebu Laundry ChainListing: #OR00290
About this Business for sale in Metro CebuProfitable & Easy to Manage Cebu Laundry Chain
This chain of laundry shops is an established brand in Cebu. It operates a number of branches located in key areas within Cebu City.
According to the owner, the company is currently in an expansion mode with more branches to be established in the future. System-wide sales are at about ₱15M annually, and the total business enjoys good profit margins and is easy to manage.
Reason for selling? The owner wants to diversify to other interests, but is willing to stay on for up to three months in order to ensure a smooth transition of operations to the buyer. The owner will be selling the entire company so this will be a good opportunity for the buyer to take advantage and acquire a turnkey business and make money from Day One! Other plus points: a) this is a business with continuous & consumable demand; b) it is a 100% cash business because of its automated, self-service laundry machines; and c) pilferage by employees/staff should not be a problem for the very same reason.
So what are you waiting for? Grab this lucrative opportunity NOW!
Click on the ENQUIRE NOW, we will contact you and send more details about this business.
+63 2 7900 8000
+63 920 922 8090
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.