An opportunity is available for a 50% partnership to expand an already established and well-reputed laundry business located in the Souq Street area (new Shahama, Abu Dhabi). This laundry is fully operational with a workforce of six employees, and plans are in place to increase the number to eight. Additionally, the business includes a van (new model) for home delivery services, catering to the surrounding areas.

The expansion plan involves setting up a new laundry in the Shakhbout area, which is an excellent location with about 2,500 to 3,000 homes for locals. Currently, there are no service or commercial buildings in the area, making this the only laundry service dedicated to serving the local community and its surroundings.

Key details of the new location include:

• Total area: 48 square meters, with the potential to expand to 96 square meters by building two floors.
• Exclusive rights: The project owner retains exclusive rights to open this commercial activity, ensuring no other laundry services will be established in this prime location.
• Lease terms: The store will be available for establishment starting in December 2024, with two months of free rent guaranteed upon signing the contract.

This unique investment opportunity promises to serve a high-demand area with no existing competition, making it an attractive proposition for potential partners.

Price: AED 650,000