Sold £25,000 - Convenience
This profitable Laundry Business focusing on Ironing collection and delivery has been operating under the current owners since 2005. Originally established in 1998 the business offers a full range of Laundry services being well equipped with an in-store Dry Cleaning facility and Industrial scale washing and drying machines.
Working from a local high street it has a strong client base and has a regular custom which brings in at least £2000 per week. The facility is staffed by the owner manager, one full time member and one part time member of staff and trades 6 days a week to 6pm.
The premises comprises a glass fronted reception area and customer counter leading through to the work area. Here there are 4 ironing stations, together with the rest of the laundry equipment; A dry cleaning Machine and industrial scale dryer and washer. There is plenty of racking, hanger and storage space for collections and deliveries.
To the rear there is access to a courtyard, a staff area and kitchenette, and a toilet. There is has plenty of space for expansion since they are currently using 2 out of 4 ironing stations.
The premises are available on a lease currently to 2024.
The Business would suit a family or partner operation, current staff could transfer with the business. The current team focus on servicing existing customers and drop ins, so any additional marketing will certainly bring in further business. The Business has a website to attract business and the van it uses (included in the sale) is liveried so is good advertising when out on deliveries and collections.
A change of circumstance necessitates the sale. With a fully maintained and equipped laundry available for the new owners from day 1 this business would generate good cash flow for a minimal investment
Rent currently £1000.00 per month
Salaries ca £20,000 pa
Rates after rebate £ 3738.00 pa
Leaving a Net Profit of ca £50,000.00 pa for the new owners
The Business is offered with all fixtures and fittings ready to trade (full list available on viewing). Offers are invited for the business to include all assets and goodwill on a cash free debt free basis.
Leasehold Term: 2024