Launderettes for sale in London

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S Martin (Feb 2013)
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Leasehold Price: £85,000 Annual Turnover: £104,000
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Business Description
• Well established and well used launderette
• Advised weekly takings in the region of £2,000
• Excellent main road location, with heavy footfall and passing traffic
• Good quality fixtures, fittings and machinery, viewing recommended

*OIRO* Well established and well used launderette situated in a densely populated, affluent area with heavy footfall and passing traffic. Main road location. Manager run. Excellent reputation. Quality fixtures and fittings. Advised weekly income in the region of £1,800 - £2,000. Viewing highly recommended. 44747

This laundrette is located on a main road, which links two affluent and sought after areas of West London. The business is located within easy reach of various underground stations along with a bus stop approx. 300 yards from the setting.

The business is situated amongst other independent retailers, which include restaurants, hair salons, convenience stores, cafés and estate agents, all of which are set along the small parades and road in general.

The immediate surrounding area is a densely populated residential area, with heavy footfall throughout the day. The business has been owned by our client around 9 years although we have been advised that the business has been trading from the current location for over 40 years.

Since a change of ownership and following a complete re-fit, which included all new machinery, the business has built up an excellent reputation locally, benefiting from a loyal and regular customer base which generate sales in the region of £2,000 a week.

This is a wonderful opportunity for an existing operator to expand their portfolio and take full advantage of the excellent location and loyal customer base, which has been built up over the many years it has served the area.

Summary. An excellent opportunity to acquire a well established and well used launderette on a busy main road which benefits from a loyal and regular customer base. The business would ideally suit an owner operator to maximise profits, as well as being a welcome addition to a business looking to expand.

A viewing is highly recommended to fully appreciate the business opportunity and location in general.
Tenure: Leasehold

Listed by: Kings Business Transfer
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