Launderettes for sale in London

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Launderette in South London

London, England

  • Leasehold Price: £55,000
  • Weekly Turnover: £1,200
Seller Reference: NB-M4896
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Business Description
 
 
 
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Seller Reference: NB-M4896
Request Details
Business Description
The business has been in the same hands for the past 36 years & there are genuine reasons for sale.

Electric shutters to DOUBLE FRONTED PREMISES with tiled floor. The equipment includes 5-16lb Electrolux front loading washing machines, 3-25lb Electrolux front loading washing machines, 1-35lb Electrolux front loading washing machine, 6 gas tumble dryers, 1 spinner. Central paypoint machine (for payment of charges for all washing machines & dryers).

Office
Boiler room with boiler
Staff w.c. & wash hand basin

Situated in a parade, excellent main road trading position, SW LONDON

Turnover : WE ARE INFORMED the turnover currerntly averages £1,200 p.w. in our opinion offering further potential to increase in the right hands. We are informed the sales year ending 2017 showed £40,397 with a gross profit of £28,084 (before wages of £7,445).

Charges
16lb wash £5
25lb wash £6
35lb wash £7
Tumble dryers charged at £1 every 10 minutes

Additional charges for service washes are £1.50 for 16lb wash whilst a 25lb & 35lb wash is charged an extra £2.00

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.

Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote.

Lease : £55,000 (M4896)

www.NationwideBusinesses.co.uk

Trading hours:
7.30 a.m. - 6.30 p.m. (last wash) seven days per week
Number of employees:
At present operated by the owners & no staff are employed.
Tenure:
Leasehold
Location Details:
Situated in a parade, excellent main road trading position, SW LONDON
Listed by:
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