Profitable business, ideal starter business/lifestyle business
Annual turnover 2017 excess £65,000, EBITDA excess £24,000 2017
Busy main road location, easy on street parking
Excellent scope to expand on an already successful business,viewing recommended
Reference;46319.Profitable and established growing laundrette business for sale in Devon. Large shop facility close to town centre and all amenities. Up to date modern equipment. Serving loyal clients with self service and service wash facilities. Part management run. Little competition. Turnover 2016 was excess of £65,000. EBITDA excess £24,000, Excellent starter business or classic lifestyle business. True potential with scope to grow. Leasehold
This is a genuine opportunity to acquire a well established and well respected business within a local community of Devon.
The launderette offers its clients a self service facility, a service wash facility and they could easily expand on their facilities with the potentail to increase sales.
The business is a self contained lock up shop and would make an ideal lifestyle business or first time business, and yet still retains scope for a small investment business.
The launderette regularly upgrades all its equipment, and is serviced annually. The boilers and hot water system have recently been replaced with brand new systems. The launderette also offers 7 13kg washing machines, and 3 30kg washing machines for larger loads. Drying facilities include a total of 8 gas dryers, of which 2 are twin drums, and 1 large 8kg spinner. The owners pride and joy is the specialist steam iron facility, utilized for the service washes. All equipment is owned outright and included within the sale.
The launderette offers extensive scope to grow and carries the reputation of being the best, and cheapest in the area.
Potential remains to advertise more and to add further service wash clients to the portfolio. In addition, it has been suggested to possibly work as a drop off and collection agent with one of the local dry cleaning suppliers.
Summary. This is a stunning example of a good starter business or lifestyle business. Complete with a potential new lease and a low annual rental the interest is expected to be high, therefore an early viewing is essential to appreciate the opportunity on offer here.
Is accommodation included?: