Superb Launderette Leicestershire | | Hinckley Leicestershire | | SUPERB LAUNDERETTE - LEICESTERSHIRE Room to expand by offering an alterations service/dry cleaning Early interest and viewing is highly recommended | | ADVERT NUMBER : 67818
ADVERT IMPRESSIONS : 7,731 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Dry Cleaners | | SALE: | Agent Sale | LEASEHOLD: | £67500 | | | | | BUSINESS DETAILS: | SUPERB LAUNDERETTE - LEICESTERSHIRE
Room to expand by offering an alterations service/dry cleaning
Early interest and viewing is highly recommended
Sale includes all equipment and fixtures & fittings
Prominent parade location in Burbage, Hinckley
Prominent trading position on very busy parade
Has easy access with plenty of free parking
Turnover approximately £62,000 per annum
Rent £7,500 per annum
Well established
LEASEHOLD
Location
This outstanding launderette is situated on a very busy parade in Burbage, Hinckley in the county of Leicestershire. It's in a very easily accessible location being just off junction 1 of the M69 and is in close proximity to the M6, M1 and M42 motorways. The market town of Hinckley is 2 miles away and is the second largest town in Leicestershire, Nuneaton is 4 miles, Coventry is 8 miles and Leicester is within 10 miles making it a perfect and central location.
Business History
Meridian Business Sales are privileged to offer to the market this well respected launderette. The business has been established for over 7 years and has been in the careful hands of our client for the last 2 years. This superb concern is being offered to the market due to our clients having to concentrate on other business interests. Our client informs us that the annual turnover for the business is £62,000. The business generates its turnover from 70% on service washes and the remaining 30% from coin operated/self-service washes. The business benefits from lots of repeat customers as well as passing trade due to its prominent location. The business is run under management and employs 4 part time members of staff. During our clients ownership he has continually invested in equipment, fixtures and fittings which is all bought and paid for and included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. We believe that there is still huge potential to increase trade by introducing an alterations service or dry cleaning. Early viewing is highly recommended as this business can be run under management and it's an opportunity not to be missed.
Financial Profile
Turnover: £63,902pa
Stock approximately: £500
Tenure
Leasehold
Original length: 10 years
Remaining: 3 years
Rent: £7,500pa
Opening Hours
Monday: 8:30am - 6:00pm
Tuesday: 8:30am - 6:00pm
Wednesday: 8:30am - 6:00pm
Thursday: 8:30am - 6:00pm
Friday: 8:30am - 6:00pm
Saturday: 9:00am - 5:00pm
Sunday: 10:00am - 1:00pm
Accommodation
Glass fronted property with highly visible advertising signs in a prominent busy parade location, briefly comprising of:
GROUND FLOOR
Door leading to main retail shop with
2 x 15Kg washers
5 x 7Kg washers
5 x 14Kg dryers
2 x 23Kg dryers
Ironing table
Customer seating area
Staffroom/store room with tea and coffee area
Toilet and wash basin
EXTERNAL
Rear yard with wooden storage shed
Front free parking | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
