Launderettes for sale in Saffron Walden

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Coin operated launderette that with a well-established client base

Saffron Walden, Essex, England

  • Freehold Price: £130,000
  • Annual Turnover: £11,000
  • Annual Net Profit: £5,800
Seller Reference: PAX0206355885
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Business Description
 
 
 
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Seller Reference: PAX0206355885
Request Details
Business Description
Coin operated launderette that is well-established “freehold” launderette. This is a superb opportunity to transform and expand a local business in an area primed with customers.

Price: £130,000 - Price breakdown: Goodwill £10,000, freehold value (per February 2020 valuation) £120,000

The business is now only being sold, due to our clients wish to take a well-earned retirement. The vendors are keen to see their beloved launderette pass to an ambitious and entrepreneurial new owner who can take this time served business to the next level.

The launderette is situated on a busy parade with ample and free on-street parking along with a variety of independent retail outlets and subsequently benefits from high footfall and regular and repeat local trade. This is the only laundrette in the town with parking right outside.

Whilst a loyal customer base has been developed, which requires minimal owner time and effort, there is considerable scope to extend the business via local advertising and the addition of other services e.g.; Dry Cleaning, Collecting & Receiving Laundry Services and an Ironing Service.

This outstanding freehold business offers a new owner the opportunity to expand upon the existing success. It would potentially be an ideal acquisition for a family operation or bolt-on to an existing operator.

The retail until has c.50 square meters with a garage with additional storage of c.10 square meters with A1 use.
Trading hours:
Currently 7am to 8pm 7 days a week, but can be run 24/7
Number of employees:
0
Tenure:
Freehold
Support and Training:
We will support you in the transition
Location Details:
The launderette is situated on a busy parade with ample and free on-street parking along with a variety of independent retail outlets and subsequently benefits from high footfall and regular and repeat local trade. This is the only laundrette in the town with parking right outside
Downloadable Documents:
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