Well Appointed Launderette In Preston Lancashire | | Preston Lancashire | | Launderette, Preston, Lancashire T/O: £55,000 GP: 92% Scope to increase turnover Prime location Well-equipped New equipment | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 63891
ADVERT IMPRESSIONS : 10,724 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Launderettes | | SALE: | Agent Sale | LEASEHOLD: | £63,000 | ANNUAL RENT: | £4,800 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
The Laundry Basket occupies substantial ground floor lock-up premises, ideally located on a busy road in Preston, Lancashire. The launderette is surrounded by a variety of complementary shops and businesses along with a large residential area. There are a number of bus routes serving the area and the city centre is within easy walking distance. The business boasts easy access to A59 leading to the M6 motorway, which is less than 2 miles away. Blackburn is approximately 8 miles away and Blackpool lies less than 20 miles away.
Business History
Preferred Commercial is delighted to offer for sale this busy launderette, which was established by our client in 2009 and which is only now offered to the market due to ill health. The business trades 7 days a week and generates a turnover in the region of £55,000 per annum with a gross profit of 92%. The launderette offers coin-operated washing machines, service washes, ironing and a dry cleaning service through an agent, along with a collection and delivery service. We feel the turnover could be increased by installing a drying cleaning machine. There is also the opportunity to extend the opening hours. Our client has spent approximately £50,000 on new machinery over the last two years. The business is renowned for its excellent professional service ensuring much repeat trade. The business has its own website, which is included in the sale. We feel this is an ideal opportunity to acquire an already busy launderette with scope for future development. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £55,000 approx.
GP: 92%
Opening Hours
Mon - Sat: 8:30am to 6:00pm
Sun: 10:00am to 4:00pm
Accommodation Details
Ground floor lock-up mid-parade launderette premises. Briefly comprising:
Ground Floor
• Spacious sales area with hot drinks machine, flat screen TV, 5 x 16lb washers, 1 x 40lb washer, 4 x 30lb dryers, 1 x 50lb dryer and counter with electronic cash register
• Office area
• Shower room with WC and wash hand basin
• Store room with boiler
External
• Enclosed rear yard
Tenure
Leasehold
Original length:3 years
Remaining: 1 year
Review: every 3 years
Rent: £4,800 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 2489 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
