Price:
Leasehold - €120,000
Location:
Canary Islands, Tenerife, Undisclosed
Business Type:
Service Businesses
Leasehold - €120,000 - Freehold €285,000
Well Established, Family Run
• Purpose Built Premises With Room to Expand
• All Industrial Quality Machinery
• Diverse Business Offering a Range of Cleaning Services
• Excellent Trading Figures
• Situated in a Popular Residential /Tourist Area
Highly profitable small Commercial Laundry for sale.
€285,000 Freehold : €120,000 leasehold, €1500 monthly rent.
Superb location overlooking the sea in the principal residential and holiday area on the west coast of Tenerife. There is no direct local competition.
Family owned (British) and operated for the past 30 years, it provides a personal and quality service to a wide ranging client base that includes property management companies, restaurants, and local residents / holiday apartment owners. Full client list is part of the sale, providing good turnover and immediate income for new owners. Easily run by husband and wife team plus one full time staff member in peak season.
Working hours just 0900 - 1700 Monday to Friday. Plenty of scope for growth / development. A great opportunity to enjoy a quality lifestyle in one of the best climates in the world.
A corner property of 67m2 with multiple accesses and a large front terrace of 38m2 that could be developed to either increase the shop area or provide for a separate business opportunity. Shop extends into garage space (25m2 fully tiled and decorated)and used as a drying / storage area. Good roadside parking to the front. Separate reception area with office section that includes computer desk and range of shelving for admin files etc.
Equipped with manufacturer maintained (8 year old) industrial quality machinery and automatic cleaning product dosing system. Includes multi programmed extraction washers (3), dryers (2) centrifuge, flatwork ironer and steam pressing table. Storage racks, work tables, airers, packaging materials etc.
A separate income stream is provided by very profitable dry cleaning and deep cleaning agency arrangements.
Opening hours are currently 0900 – 1700 Monday to Friday.
Reason for sale is the wish to retire by current owners.
Annual turnover +/- €80,000. Profit margin up to 50%
North Yorkshire
£ 750,000
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