Asking Price: ₱1,500,000
This full-service laundry business – established in July 2017 - is ideally situated in the basement of an upscale condominium project and caters exclusively to the building residents. Included in the sale are all the laundry machines & equipment, shop furniture & fixtures, and the set-up leasehold improvements.
The business closed during the period Mar-May 2020 due to the quarantine lockdown. Since June 2020, the business has resumed operations and sales have been trending upward in subsequent months. This is not a distressed business!
This is a suitable venture for either a first-time entrepreneur or a seasoned business person:
1. Easy to manage with just 1-2 staff
2. Captive market
3. Low rent
4. Proper training/ turnover by owner
5. Not a distressed business during COVID times (2020)
6. Can look forward to good profit margins in normal times (2021 and beyond)
NOTE: Additional information is available and will be released upon signing of a Non-Disclosure Agreement. So what are you waiting for! Seize this business opportunity!