Hilton Smythe welcomes to the market Shirley’s Laundrette. The business was originally founded in 1998 with our client successfully running the business since inception in 2001.
Revenue is generated from customers using the facilities, service washes and a professional ironing service. The business reports a turnover of £30,742 per annum. Shirley’s Laundrette is ideally located within this busy tourist town and benefits from trade from visitors as well as seeing much repeat trade from local residents.
We believe the business has a lot of scope for development, we would suggest extending opening hours to take advantage of weekend trade and perhaps opening later in the evening a couple of times a week. In addition a new owner could undertake a modest marketing campaign. In particular target marketing to local hotels and holiday homes to further this revenue stream.
The laundrette is deceptively spacious and houses industrial equipment to suit the trade. With the potential to increase the number of washing machines and dryers if required.
Early viewing of this business with excellent growth potential is highly recommended, with the business genuinely coming to the market as our client looks towards a well-deserved retirement.Location
The business is located in the picturesque market town of Newton Stewart, in Dumfries and Galloway.
The business is ideally located on the main street running through the town and benefits from ample on street parking in front of the shop. There are excellent transport links to the nearby towns and the bus terminal is some 50 yards from the door.
The region is a haven for outdoor enthusiasts with the town being at the foot of the Galloway Hills and Galloway Forest Park attracting hundreds of visitors year after year. The A75 provides excellent road links to the area.Premises
Semi-detached single storey premise briefly comprising:-
The main shop houses 5 washing machines and 4 gas dryers, the area is spacious and well-presented.
Through to the rear room used to store laundry and ironing room.
There is also a large storage room and toilet to the rear.
There is a small sign outside the front of the shop. With 2 large double glazed display windows and single door entry.
The building was originally a one bedroom house which was converted into laundrette some 17 years ago.Tenure
We are advised freehold.Hours
The laundrette opens:-
Monday to Friday 9.30am – 16.30pm.Staff
The business is owner run and managed with the assistance of 1 member of staff.Financial Profile
The business reports a turnover of £30,742 per annum.