Established Ironing Collection & Delivery Business
The business was founded by the current owner around 20 years ago initially as a sole trader, and then latterly incorporated into a limited company.
Servicing the South Essex area, the business provides a high quality ironing service including collection and delivery to a large number of domestic customers. The business services 45-55 clients per week and levels of repeat business are extremely high, with the majority of customers requiring either a weekly or fortnightly service.
The business operates from a small, appropriately equipped unit and there are 9 years remaining on the lease. Two part-time employees manage a significant proportion of the ironing while the vendor carries out collections and deliveries, in addition to some ironing.
Having run the business for 20 years, the vendor is of retirement age and hence the business is being marketed for sale.
The business generates annual sales of c £45,000, delivering profits before owner earnings of around £20,000.
The guide price for assets and goodwill is £29,000 to include all fixtures, fittings, equipment, customer database and company van. The vendor can be flexible over handover arrangements in order to ensure a smooth transition.