• Annual income c. £1,000,000 with excellent profits
• Good quality equipment included within the sale price
• Retirement sale, viewing recommended
Extremely well established and very profitable laundry company operating throughout Kent and London. Five drop off and collection points with one main service hub. Excellent operation which produces income in excess of £1,000,000 per annum. Good quality and high value equipment included within the sale price. Retirement sale. Ideal for existing operator. Leasehold ref: 44944
This laundry company operates throughout London and Kent, with five drop off and collection points along with one main service hub, which is located in the South East of London and operates from a large industrial unit on one of the many trading estates, which serve the area. The area itself is a hive of activity throughout the day, such is the excellent road links which serve Kent and South East London.
This family business was established over 30 years ago and has been run by our client since the late 1980’s, during which time it has built up an extremely good reputation not only locally but also further afield, benefiting from a loyal and regular customer base such is the quality of the work. We have been advised that on average 3,000 shirts a week are cleaned and pressed.
The business is run on a day to day basis by our client, who oversees the quality of the work leaving the premises. The business generates sales in the region of £750,000 per annum, but could increase this figure by expanding the entire operation, as currently there is no commercial work carried out, although the service hub and the machinery to cater for the hotel laundry is in place and would therefore increase the income.
In our opinion this is an ideal business opportunity for an existing operator in the sector, who is looking to expand such is the reputation and overall set up.
Summary. This is a rare and excellent opportunity to acquire a well established and well used laundry company, which benefits from a loyal and regular customer base. The business would be an ideal addition to an existing operator looking to expand and to build upon the reputation gained over many years.
An inspection is highly recommended to fully appreciate the overall business set up and the quality of the equipment, which is included within the sale price.
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