Business Catalogue

Business for sale in Cluj (Romania) with above-average profitability indicators
Business  for  sale  in  Cluj  (Romania)  with  above-average  profitability  indicators 

Selling price: 360,000 EUR
Real Estate Value: 0 EUR
City: Cluj-Napoca
Annual turnover: 268,446 EUR
Operating profit (EBITDA): 80,590 EUR
Country: Romania
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We present you with a business for sale analyzed by a business broker, which has a profit margin of 37%, and an attractive selling price, based on an ROI of 45%. It can be viewed both as an investment, as it is easy to manage and administer, and as a business activity that can be developed. This business, for sale in Cluj, has over 8 years of activity, out of which, in the first 6 years it operated in another location, which shows that the business can be relocated if needed, but also that there is still untapped potential in the Cluj market. For those who want to make an investment, with a return above the real estate market offers, for example, it is worth highlighting the following strengths: - the business can be managed with a total involvement of only 20 hours per week - there are no stocks or seasonal fluctuations - B2B contracts, the majority in this business, require less effort and are more stable. - works with only a few employees that have been with the company for 4 to 5 years. An entrepreneur who would like to take over this business for development or to merge it with another entity may note one key point: about 90% of the turnover is obtained from only 4 contracts with corporate customers! The negotiation of another 2 or 3 new contracts would substantially increase revenues as the local potential is still untapped! What does this business for sale represent? A textile laundry and dry-cleaning specialist in the medical sector. A professional services provider, responding to the needs of customers – hospitals and medical clinics – offering its services to the high standards imposed by the Health Ministry.
90% of the provided services by this business cover the medical sector. These are complete cleaning and sanitizing services at the high standards imposed in this field for uniforms, linen, and textiles used in the operating block. Despite not being part of its target, the company also serves a small number of orders coming from individual customers. HORECA is an underrepresented segment, hence the opportunity for growth for a new owner. A flawless Customer Service policy has brought contract renewals with large private hospitals and letters of recommendation, that can be considered part of the goodwill. The letters, along with the high-quality services, are the ones that have opened the door for other contracts in the field.
The operational flow is easy to follow: from picking up textiles from customers, washing, sanitizing and disinfecting, drying, ironing, and delivering them, all steps are clearly defined and easily manageable by employees.
Tangible assets: - Mercedes Vito utility van - washing machines with hygiene barrier - industrial dryers -professional ironing mannequins - colanders for ironing All equipment is very well maintained through continuous service. Intangible assets: - registered trademark - own website
Cluj is a leading medical center where large networks of medical clinics and private hospitals have opened their representative offices. The private healthcare market will continue to grow, with a focus on investment in major cities, where specialist staff are available. Under these conditions, we can estimate an increase in the number of customers on the same business relationship profile: B2B, with which the portfolio can be increased. Just by using the current capacity of the existing equipment we can cope with a 30% volume increase! In addition, the HoReCa market is a yet untapped potential customer sector; only 2 hostels are among the customers of this business.

Detailed information

Business established on 2014-03-01
Turnover from previous years 116,596 EUR
Approximate inventory 3,800 EUR
Inventory included in price No
Number of Employees 9
Reason for sale Changing the activity field
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