FOR SALE A company based on 100% Estonian capital aims to provide high-quality laundry services to companies throughout South Estonia
Business information
| Sale topic | For sale part of company, business premises |
|---|---|
| Industry | Laundries |
| Location | Estonia |
| Person count | Full-time 10 persons |
| Adjusted revenue | 250 000 EUR |
| Asking price |
185 000 EUR 50% of the company's shares |
A long-established company with long-term partners and customers. Customers include hotels, spas, retirement homes, tourist farms and other accommodation and catering companies with which written customer agreements have been concluded.
The company has growth potential:
• Opportunity to increase market share in South Estonia through public procurement (nursing homes, hospitals).
• New services (rental/washing of workwear; dry cleaning) will be introduced with additional investments.
• Increasing the volume of production. Currently, about 65% of the production capacity of the equipment is in use.
Financially stable, the company has no external loans
The company owns the property in which it operates.
Flexible production costs (labor, solar farm).
50% of the company’s shares are for sale.
Since the other co-owner has managed the company on the operational level and wants to continue developing the company, no significant changes in day-to-day operations can be expected after the sale.
Asking price justification
A long-established company with long-term partners and customers. The company has growth potential. The company owns the property in which it operates. Flexible production costs.
