Launderettes for sale in Stourport-on-Severn

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Well Established Launderette In Worcestershire For Sale

Stourport-on-Severn, Worcestershire, England

  • Leasehold Price: £75,000
Seller Reference: 4521
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Business Description
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Seller Reference: 4521
Request Details
Business Description
Situated in the market town of Stourport on Severn
Genuine reason for sale due to retirement
Advised annual turnover of £60,000
Currently run at a pace to suit
Ideal partnership opportunity
Price is open to negotiations.
Ideal trading location
Walk in condition

Business History
Meridian Business Sales are please to offer to the market this well equipped launderette and dry cleaning business which was established in 1960 and has been in the careful hands of our client since 2007. Our clients are reluctantly offering the business to the market due to their desire to take well deserved retirement. Since they took over the business our client has continually invested time and money into the business, meaning that it is in full walk in condition. Currently run at a pace that suits our client’s lifestyle there is massive scope for a new hands on owner operator to develop the business further. Our client informs us that the annual turnover currently runs at £60,000 with a gross profit of £45,000 which is derived from providing a excellent dry cleaning and laundry service to a large amount of customers throughout the year. The business has always enjoyed excellent levels of regular and repeat trade due to its good reputation within the community and also sees a large amount of new customers who have been recommended by word of mouth and from the businesses highly visible trading location in the town centre. There is scope to increase the trading hours and introduce a website which may increase income. The business may benefit further from offering the services to hotels and B and Bs together with a delivery and collection service. This is a very reputable and longstanding business and offers the new owner a pure turnkey business opportunity, with training provided during the transition period, and as such early viewing is strongly recommended.
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