Laundrette & Dry Cleaning West Midlands | | Undisclosed West Midlands | | WEST MIDLANDS LAUNDRETTE & DRY CLEANING -EST 1997 NEAR RAIL STATION IN AFFLUENT AREA STAFF RUN / WORKING OWNER WOULD INC PROFITS W/T: £800. - IRONING SERVICES ALSO OFFERED SCOPE FOR KEY CUTTING, SHOE REPAIR, L/H: £29,000 REF: 8992B | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 43997
ADVERT IMPRESSIONS : 25,600 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Dry Cleaners | | SALE: | Agent Sale | LEASEHOLD: | £29,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The business is ideally located in the heart of an affluent residential area in the West Midlands. It is situated only approximately 200 yards from a main line railway station, which is ideal for customers dropping the laundry off in the mornings and picking it up on the way home.
Other nearby businesses includes a Co-Op, florists, bridal shop, fitness centre, green grocers and a carpet shop. Parking is free of charge on street directly by the premises.
The M5 and M42 motorways links to the towns of Droitwich, Bromsgrove and Redditch
THE BUSINESS
Advent Business Sales are pleased to have been instructed to offer to the market this extremely well established laundrette and ironing business.
Established in 1997 and in the hands of the vendor for almost 2 years, it is only now being reluctantly offered for sale due to family breakdown.
The premises are bright and airy with well maintained washers and dryers.
The business offers a full service wash facility and will also iron if required. In addition, they offer dry cleaning, which is carried out locally on an agreed split basis.
The laundrette also benefits from an ongoing contract from a nearby government establishment, which virtually guarantees sales of approximately £100 per week.
The business employs 3 part time staff, 2 cover when the laundry is open Monday to Friday and the other covers Saturdays. The vendor has no direct day to day involvement in the business.
A turnover of approximately £800 per week is generated with excellent gross profits.
We are advised that stock at cost is only approximately £100. The equipment includes:
2 x 2 stack dryers
1 large dryer
1 x 16kg washer with high speed spin
2 x 7kg washers
1 x silc iron and board with auto steamer
High efficiency gas boiler
Dryer heat extraction system
Racking for storage
Fridge
REF: 8992B
TRADING HOURS
Mon-Fri: 7am 5pm
Sat: 9am 1pm
EXPANSION POTENTIAL
Whilst the business is successful, the premises could be utilised further by having a key cutting facility, as there is none locally.
They could also take in shoe repairs to be carried out elsewhere.
A delivery and collection service could also prove popular.
A working owner would also save on wages costs.
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Weekly sales: £800
Gross Profit:
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES
Ground floor lock up premises of a converted terrace house with laminate flooring and briefly comprising of:
Ground Floor
Access from pavement with side door entry into the shop
Counter and till in the bay window
Side racking and rails for holding garments awaiting collection
Rear of laundrette with washers, dryers and silc ironing board with auto steamer
Rear storeroom with boiler and w/c
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises. | | | | | | FOR SALE | | | | | REFERENCE: | 8992B / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
