• Well established commercial and domestic laundry business in a busy trading location in the thriving and most attractive town of Ullapool.
• Strong turnover with credible adjusted net profitability and further business development.
• A sustainable business meeting the needs of specific markets forming diverse income streams.
• Premises extending to circa 76m2 with customer parking.
• Turn-key operation with an excellent range of commercial equipment included in sale.BUSINESS DESCRIPTION
The business is now in its 20th year of operation and offers a year-round service to the business community in Ullapool and the surrounding areas. It also provides a service to the residential community. This essential business prides itself on the speedy and economical service it provides to its clients. Trading provision includes a commercial service to the many hotels, guest houses, bed & breakfasts and self-catering establishments in the wider area. The vendor presently has around 150 regular clients but there is undoubted business expansion potential. The business offers in-house service-washes and self-service washes through the provision of coin operated machines to private individuals and the many visitors to the area. Other services include a dry-cleaning service (which is sub-contracted out), large item laundry, carpet & upholstery cleaner hire and a drying & ironing service. The Ullapool business trades with the equivalent of 2 full-time staff during the summer months with minimal input from the owner. In addition, part-time staff are used in the peak summer months.
The business opening times are:
Monday to Friday 9.00am to 5pm
Saturday 9.00am to 4pm
Monday /Wednesday 9am to 5pm
Saturday 9am to 1pm
The price of this business has been reduced dramatically to encourage a quick sale.LOCATION
The property is centrally located in Ullapool opposite Tesco, ideally suited to meet the needs of businesses and private individuals alike. Ullapool is a small yet thriving town on the West Coast of Scotland with a population of circa 1300. The Town is situated on Loch Broom and provides a most necessary service to the Western Isles by means of a ferry. The Town of Ullapool is on the NC 500 tourist route which generates a constant stream of visitors to the area. Geographically Ullapool is dominated by rugged mountains and some of the most spectacular scenery in the Highlands which attracts a great many visitors who enjoy both mountain pastimes and watersports. Ullapool has a strong reputation as a centre of culture with various festivals throughout the year which draw in a high number of repeat visitors. The Town also has excellent welfare and amenity services.THE PROPERTY
The subjects extend to 76m2 approximately, comprising of a ground floor industrial unit within a complex of similar sized businesses. The subjects are of cavity block construction with pitched roof with skylights providing additional natural lighting. To the front of the unit is a reception desk with the service area configured in a 'U' shape to the rear. In this side and rear area are banks of dryers and washing machines. There is an area set aside for ironing with numerous commercial roller irons. There is a staff area and washroom.REASON FOR SALE
The owner purchased the business of Ullapool Laundry in 2016 to add to her established Lochinver facility. This has proved to be a very successful venture however due to a change in personal circumstances of the vendor, the business is being offered at a highly attractive price to encourage a quick sale.SERVICES
The premises are connected to mains water, electricity (3-phase) and drainage, with an LPG gas tank to the rear of the subjects.
The lease will run until Sep 2028 with an annual rental of £6200 plus VAT. Rent reviews will be every 5 years from September 2016. A copy of the lease will be made available to interested parties post viewing.