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Stomerij Wasserij de Orchidee

presented by October Netherlands

€616,000

6%

60 months

B+

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location

Location

Roermond, Netherlands

activity

Activity

Personal services

Presentation of the company

Founded in 1985, Stomerij Wasserij de Orchidee B.V. is active in the Washing and (dry-)cleaning of textile products sector. The company has 24 employees and is based in Roermond.

The company’s main activities are:

  • Personal laudry service for those unable to do their own laundry.
  • Laundry services for companies.

The company works with more than 1500 individual clients.

Project Description

Current owners, Jan Wever and Anna Wever-Balendonck want to sell their company, valuation has been done based on standard of the market. Arno Senders, Paul Plasmans and Peter Manders wish to borrow €616,000 over 60 months to finance the acquisition of the company, via the operating entity.

This project is a Flexible Bridge Loan, an amortizable loan with a standard commitment for the first 9 months and the possibility of early repayment at no cost for the remainder of the loan term, even in the event of refinancing by other financial institutions.

The amount offered on the platform is limited to €301.840, which is in line with the regulatory limits.