Launderettes for sale in Warrington

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Adam Warren (Jan 2017)
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Leasehold Price: £19,995 Turnover: £22,000 Gross Profit: £19,000
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Business Description
Hilton Smythe is delighted to welcome to the market Buddies Equestrian Laundry. A thriving horse rug cleaning and repair business in Warrington, Cheshire. The business was established over 15 years, with our client successfully running the business since inception around 6.5 years ago. Our client has enjoyed her time running the business, but is now looking to move on due to family commitments.

The business is open 5 full days and 1 half day per week, and generates a turnover in the region of £22,000 with a gross profit of £19,000. Our client offers a laundry and sewing repair service for large items, mainly horse rugs, but the shop can clean and repair other items such as pet beds, vehicle covers etc.. There is high demand of trade all year round.

We believe the turnover could be increased by extending the opening hours, employing a staff member and perhaps advertising to promote the services online using social media. There is also scope to extend the collection and delivery service, as we believe there is demand within the area. The business benefits from having very little competition.

The business has an excellent reputation within the area with a loyal customer base and a lot of repeat trade. Our client is happy to offer a hand over period to ensure continued success of the business and introduce the new owner to her customers.

This is an excellent opportunity for a new owner to take this thriving business to the next level; therefore, early viewing must come highly recommended.

The business is located on Golbourne Enterprise Business Park, Warrington surrounded by a wealth of shops and complementary businesses.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.

Warrington is easily accessible, served by several A-roads, with the A580 and the A49 being within easy driving distance of the business, which links to the M62 and motorway network.

The business is situated on a busy industrial estate with ample parking.
Large open plan industrial unit with wc and storage area at the back. Circa 70sq m.
Large roller shutter and heavy duty metal door for security, shelving and storage along the walls. Large counter and easy clean flooring.
The sale of the business includes:-
3 large industrial washing machines,
2 large industrial cool dryers,
Hang drying rails,
Sewing machine,
Card reader,
Large storage tubs with wheels, and
Filing cabinets.

We are advised the premises is leasehold, on a rolling lease arrangement. The purchaser could negotiate the lease with the landlord.

Rent is £6,420 per annum.

9.00am - 4.00pm Monday – Friday
9.00am – 12.30 pm Saturday

The business is owner run and managed.

Financial Profile
The business reports last years’ turnover of £22,000 with a gross profit at circa 86%.

Tenure: Leasehold

Listed by: Hilton Smythe

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