Very profitable Laundry and Laundromat service for domestic and commercial customers for Sale

Business Link: Click here to view the business

Confidentially offered for Sale

Ref Number: LD01-ABS
Asking Price: £195,000
Location: Merseyside.

Asking Price: Offers in the region of £195,000.

The Asking price includes £70,000 of assets, high profits, and strong cash flow. 

Turnover circa £120,000

Gross Profit is circa 88%

Key opportunities for potential buyer:

• Long Established business with hundreds of repeat happy customers.
• The shop has been a very well-known launderette since the 1960s.
• Very profitable business
• Long lease- Open to negotiation
• Opens seven days a week.
• Self Service Launderette service
• Free delivery and collection service
• Based in Town center.
• Competent and friendly staff
• Long opening hours
• Excellent reviews from customer

Business Profile:

This is a wonderful opportunity to own an established very profitable Laundry and Laundromat service for domestic and commercial customers business located in busy town center.

The business operates in two sectors.

Self-Service Operation:

The first sector is the highly profitable self-service launderette, which is also known as a laundromat. The self-service launderette offers coin and card operated (during attended hours) washing machines and dryers that customers can use on their own.

Customers bring their laundry, load it into the machines, and operate the machines themself.

 The self-service washers and dryers are accessible seven days a week with opening times: 7am - 8pm, providing the facility for customers to wash and dry their clothes independently. The premises are attended from 9.00am to 5.00pm Monday to Friday.

Collection and delivery service wash.

The second sector provides a collection, wash, dry, fold and return of laundry service across Merseyside providing a collection and delivery service to customers including restaurants, golf clubs, hotels, nurseries, bed and breakfast establishments, and care homes in Lancashire/Merseyside and the surrounding area.

Ironing Service.

A high-quality professional finish ironing service is also available to ensure items are finished to a professional standard.

Quality modern laundry with the best brand machines, is priced to sell, asking price includes the fully developed door-to-door collection, wash, dry, fold and return service with commercial and residential clients.

Financials.

The laundry has everything a modern laundry needs, the cost of setting up of a laundry service of this standard is approximately £180,000 to £200,000 for the equipment, fit-out, electrical and plumbing works.

Staffing

The Laundry and Laundromat service operates with two staff who collect, wash, dry, iron, fold and return as necessary.

Hours of Opening:

The self-service washers and dryers are accessible to users, seven days a week with the opening times: 7am - 8pm, providing the facility for customers to wash and dry their clothes independently. The premises are attended from 9.00am to 5.00pm Monday to Friday

Advertising and Marketing.

The Laundry enjoys local radio advertising and on its strong google reviews and ratings and the finest form of marketing, word of mouth. The Laundry enjoys a solid presence on Facebook, and a SEO friendly and informative website.

 A new lease will be arranged for the successful purchaser.

Trading Position

Enjoying an ideal trading location, in an area containing a higher-than-average level of rented housing.

Gas and electrical safety.

Regular gas and electrical inspections are undertaken and the relevant certificates held.

Handover and Support:  Our clients will provide handover and support to the successful purchaser if required.

Reason for Sale

Moving to property business

To Register Interest or to seek additional Information, please contact Abercorn Business Sales e-mail: expert@abercornbusinesssales.com or telephone: 0800-246-1313

Commercial Finance:
Abercorn Business Sales are specialists in highly confidential off-market business sales. Should you require commercial finance, we have a panel of leading commercial finance brokers with access to the whole market to enable you to source the best possible terms.

Call today on 0800-246-1313 or email at expert@abercornbusinesssales.com or visit our website www.abercornbusinesssales.com

Attention Business Owners. We are always in search of quality buyers waiting for you, so if you are thinking of selling your business or would like to acquire another business, please email us to discover the difference that is Abercorn Business Brokers.

For more information on LD01-ABS - Very profitable Laundry and Laundromat service for domestic and commercial customers for Sale talk to Abercorn Business Sales