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BUSINESS REFERENCE : 8721 / RightBiz LEASEHOLD LAUNDRETTE IN GLOUCESTERSHIRE | | | | | | Launderette Gloucestershire Well Established, Ideal trading location, Scope to increase turnover. A/T: £57,000 | | | BUSINESS LOCATION: | Undisclosed Gloucestershire UNITED KINGDOM | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Launderettes | | SALE: | Agent Sale | LEASEHOLD: | £70000 | ANNUAL RENT: | £4250 | | | | | | | | | | | BUSINESS DETAILS: | Edwards Laundrette enjoys a prominent location, being on a corner plot in a modern precinct. There is ample car parking immediately adjacent to the premises. It is part of a large independent shopping centre offering a variety of outlets. The premises are very smart and are offered at a reasonable rent. The precinct was built in 1990. Coleford is an attractive market town with a population of over 11,000. It is centrally located to the front of Dean and the Wye Valley. It is a popular holiday destination for outdoor pursuits. Hereford, Cheltenham, Gloucestershire and the Cotswolds are all within a 30 mile radius. The area offers a true lifestyle change opportunity.
Bag A Business is pleased to place onto the market Edwards Laundrette. The business was established by our client 10 years ago, and is now being placed on the market due to our client's other business interests. The business offers a service wash and ironing service. The laundrette is run by 3 part-time members of staff although a working owner could run the business alone. The local dry cleaner, Persil Services Ltd, provide much commercial revenue from branches within South Wales and Hereford. This side of the business is not presently included in the turnover figures advertised and is lucrative. The reputation and quality of the concern is second to none. The wage bill for 2006 was £25,890 and the reconstituted net profit is around £10,000 as a fully managed operation. The potential to make this concern profitable is there.
FINANCIAL PROFILE
A/T: £57,661
OPENING HOURS
Mon - Fri: 8.00am - 6.00pm
PROPERTY DETAILS
Large glass fronted unit leading to the main customer area, briefly comprising:
FIRST FLOOR
6 x washing machines (4 x 18lb and 2 x 35lb machines)
5 x dry cleaning machines
Seating area
Staff area
Preparation work area
Ironing area
Kitchenette
Toilet
TENURE
Leasehold:
New lease to be negotiated
Rent: £4,250 per annum | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 8721 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
