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Popular Laundry Business in Old Colwyn Conwy

Price:
Freehold - £260,000
Turnover:
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Seller Ref:
2843
Location:

Wales, Old Colwyn

Business Type:

Service Businesses

See Other:
Launderettes for sale in Wales
Dry cleaners for sale in Wales
Service businesses for sale in Wales
Description:
THE BUSINESS:
Preferred Commercial is pleased to offer for sale this popular laundry business, which was established by our client in 1996 and which is only now being placed on the market due to our client's wish to retire. The business operates 6 days a week offering traditional laundry services, including services washes, and is an agent for a dry cleaners. Approximately 60% of turnover is from commercial clients. The business generates a turnover in the region of £115,000 per annum with a gross profit of 91%. There are contracts in place with local hotels, restaurants, colleges and golf clubs. A new owner could increase turnover further by perhaps embarking on a modest advertising campaign and the introduction of a web site. There is also scope to increase the opening hours if desired. The property benefits from 3-bedroom owners' accommodation to the first floor, which is finished to a high standard throughout. We feel this is an ideal opportunity to acquire a thriving laundry business with scope for future growth. Early discussions with Preferred Commercial come highly recommended.
Location Details:
C & A Laundry Services occupies double fronted 2-storey premises in a prominent location on Abergele Road in Old Colwyn, North Wales. The laundry is surrounded by complementary shops and businesses and benefits from a high footfall and much passing trade. C & A Laundry Services is ideally located to service its commercial and domestic clients. Old Colwyn is a delightful coastal town, approximately 1.5 miles from Colwyn Bay, and benefits from easy access to the A55 North Wales Expressway, which connects to Prestatyn, Conwy and Caernarfon.
Trading Hours:
Mon - Fri: 8.30am - 6.00pm Sat: 8.30am - 4.00pm Sun: Closed
Accommodation:
Double fronted 2-storey premises set within a row of complementary shops and businesses on a busy main road. Briefly comprising: Ground Floor • Main trading area with commercial coin operated equipment comprising: 4 x 16lb washers, 1 x 25lb hospital process washer, 1 x 35lb washer, commercial 25lb spin dryer, 4 x 30lb coin operated dryers all recently fitted with new motors, reception desk and electronic cash register, various garment hanging rails and shelving to suit, customer waiting area • Ironing board and steam iron, Electrolux Wascator dry iron • Powder store room • Linen store room with shelving to perimeter walls, bagging machine • Room with 50lb dryer (approx. 4 years old), 50lb energy-efficient washer • Kitchen/staff room with door to rear yard First Floor • Staff WC • 2 x single bedrooms • Double bedroom • Shower room with WC • Kitchen/diner with a range of fitted wall and base units, gas hob and integrated appliances • Lounge • Separate access to flat
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