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Choppington Launderette & Dry Cleaners Business For Sale, Established Over 40 Years

Undisclosed, Northumberland
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Launderette & Dry Cleaners For Sale in Choppington Photo 1
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Launderette & Dry Cleaners For Sale in ChoppingtonLaunderette & Dry Cleaners For Sale in ChoppingtonLaunderette & Dry Cleaners For Sale in ChoppingtonLaunderette & Dry Cleaners For Sale in ChoppingtonLaunderette & Dry Cleaners For Sale in ChoppingtonLaunderette & Dry Cleaners For Sale in ChoppingtonLaunderette & Dry Cleaners For Sale in ChoppingtonLaunderette & Dry Cleaners For Sale in ChoppingtonLaunderette & Dry Cleaners For Sale in ChoppingtonLaunderette & Dry Cleaners For Sale in ChoppingtonLaunderette & Dry Cleaners For Sale in Choppington
  • Status

    FOR SALE

  • Date Submitted:

    13/07/18

  • Advert ID

    224650

  • Reference

    581827 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £165,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Launderette & Dry Cleaners For Sale in Choppington

FREEHOLD COMMERCIAL LAUNDRY & DRY CLEANERS in Northumberland for Sale.

This is an outstanding commercial laundry and dry cleaning business which was founded over 40 years ago and is one of the largest independent operators in Northumberland. The business is only reluctantly offered for sale by the owners due to their overdue retirement. Well established since 2005, the business is set in a desirable location with no competition in the local area. The business has over 40 regular customers and provides its services predominantly to other commercial enterprises such as guest houses, hotels, restaurants etc and this is continuing to grow. There is a new housing development in progress behind the business which will no doubt bring in new business. There is also a company van included in the sale. The concern offers huge scope for enthusiastic, new, younger owners, the current vendors are continually expanding the business with targeted mail drops, utilising a web site, social media sites, targeted mail drops and a network of agencies. Turnover available on application. In addition, the dry cleaning business provides services direct to the public utilising the same marketing channels. Profits could be increased by marketing the business to potential new clients. Currently the business enjoys an EXCELLENT REPUTATION. The business boasts a gross profit of 20% and has considerable potential for expansion. The current owner, a former sales and marketing director of a PLC, has written a business development plan which is included in the sale. Many recent improvements have been undertaken here to ensure the business runs smoothly such as a new hot water boiler and a new apex roof having been installed within the last two years and a complete refurbishment of the large washing machines including a new water pump, replacement bearings, power supplies and drive belts. VIEWING HERE IS HIGHLY RECOMMENDED – HUGE POTENTIAL. The premises are situated to the north of Newcastle, close to Morpeth, adjacent to a busy main road and briefly comprise newly refurbished, spacious ‘sales shop’ laundry with an impressive range of new, modern commercial washers, dryers and new shelving, leading through to plant and store room with dry cleaning and finishing room beyond. Clean laundry store and WC. Included in the sale is a commercial vehicle.
EPC Band E.
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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