SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion

Established launderette in Prime Location in Ongar for sale

Ongar, Essex

Status

SOLD / WITHDRAWN

Date Submitted:

09/06/21

Advert ID

277904

Reference

00377 / Rightbiz
Leasehold: Price on Application
Annual Turnover: Available upon request
Annual Net Profit: Available upon request

•         This is a fantastic opportunity for a new buyer to acquire a longstanding and highly reputable laundrette and dry-cleaning business located in the popular town of Ongar, Essex.

•         The business is primarily responsible for self-service laundry, service washes and dry-cleaning services.

•         The business has demonstrated year-on-year growth and now achieves an approx. turnover of £60,000 and a net profit of £22,000.

•         The business presents a fantastic income opportunity with minimal staff and low overheads.

•         4.6 Google Review Rating.

•         Opening Hours – 10am to 5pm (Mon-Sat) and 9am-1pm (Wednesday)

•         The business has a long-standing relationship with an average footfall of around 14 customers per day.

•         Opportunities exist to add more washers as the shop can be extended with minimal structural change. The website can be updated to facilitate an online booking system. Opening hours can be extended to increase footfall.

•         The shop can be extended so all dry-cleaning services can be provided in-house.

•         The business owners wish to sell to pursue other interests but are willing to stay on for a hand-over if required, on terms to be agreed.

•         Our client owns the freehold premise and we have been advised that a lease agreement can be arranged, on terms to be agreed. 

 

INTRODUCTION

NOVUS Business Brokers are proud to present this popular Launderette business. The business is well established and currently operates within the busy community of Frinton-on-Sea.

LOCATION

The business is situated on a busy main road near the town of Ongar amongst a parade of shops that benefit from high footfall.

REASON FOR SALE

The business is only being offered for sale due to our client wishing to pursue other interests.

BUSINESS INFORMATION

This established business primarily offering self-service washes, the business also offers dry-cleaning services carried out externally.


STAFF

The business is currently operating with 1 member of staff in the shop.


FINANCIAL DETAILS

Our client has managed a consistent turnover and profit since taking over the business. Full financial details available upon request.

SUMMARY.

This business proposition offers an exciting income opportunity.

 

Our client is willing to negotiate price and terms for the right buyer. Early viewing advised!

**All enquires, and viewings are to be made directly through NOVUS Business Brokers**

 

Key Features
  • Close to Local Amenities
  • Central Position in Affluent Village
  • Established Business
  • Prime Location
  • Attractive Business
  • Offers Invited
  • Town Centre location
  • New Lease
  • Fully Fitted
  • Accounts Available
Contact Agent
Advert Reference:
00377 / Rightbiz
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Last Enquiry Received:
SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion
Contact the seller for more details, or book a viewing
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Find out more about the business by contacting the seller