Back to listings Save

Popular Somerset Laundry & Dry Cleaning Business

Undisclosed, Somerset
Popular Somerset Laundry & Dry Cleaning Business Photo 1
Enlarge
Popular Somerset Laundry & Dry Cleaning Business
  • Leasehold: £49,995
  • Rent: £12,000
  • Turnover: Not Applicable
  • Net Profit: N/A

Business Details

•    Popular Somerset Laundry & Dry Cleaning Business
•    Mix of private & business customers
•    Established business
•    Well-presented throughout
•    Located in sought after Somerset market town
•    Healthy turnover and profits with scope to improve
•    Excellent local reputation for first-class service
•    Desirable trading position in a busy area
•    Fantastic change of lifestyle opportunity
•    Loyal customer base providing plenty of repeat business
•    Good mix of complementary businesses nearby
•    Plenty of customer parking nearby
•    Genuine reason for sale

Location 
This well-presented laundry and Dry  Cleaning business have an ideal trading position in a historic town centre located in the heart of Somerset. The town is extremely popular with locals and visitors and has an excellent reputation for its wide selection of independent retailers. Its town centre location has excellent visibility with easy access and benefits from a high volume of footfall throughout the year. There are ample communal car parking facilities and FOC roadside parking with excellent ‘A’ road access leading to the main link roads and M5 motorway.

The Business
Falcon Commercial are delighted to be able to offer for sale this very well established Laundry and ironing business that is currently primarily equipped to high industry
specifications to undertake a full range of laundry and ironing services, with a popular collection and delivery also available where required. The business offers its services to a mix of business and domestic customers.
Our clients also provide a dry cleaning, which is currently outsourced. Processing this in house would only increase profits.

The business is fully equipped and all fixtures and fittings are included in the sale price. This would make an ideal lifestyle change opportunity with early interest strongly recommended as businesses such as this rarely become available on the market. 

The business would also benefit significantly by adopting a more vigorous marketing policy of its excellent existing products, particularly with the possible introduction of online advertising and sales along with further development of a social media presence, to improve upon the already very respectable opening levels of turnover it has achieved since being established by the current proprietor, with the aid of just one experienced and motivated assistant who would be an asset to any purchase.

Our client’s business enjoys an all-year-round trade. 

Business Details

Opening Hours
•    Monday 9.00am -5.00pm
•    Tuesday 9.00am -5.00pm
•    Wednesday 9.00am -5.00pm
•    Thursday 9.00am -5.00pm
•    Friday 9.00am -5.0 Monday 
•    Saturday 9.00am -5.00pm
•    Sunday Closed
•    Bank Holidays Closed


The Premises
Substantial leasehold building that enjoys an excellent trading position with plenty of passing footfall. The premises are fitted and presented to create highly functional internal business accommodation. There is a good mix of independently owned complimentary businesses close by. 

The premises briefly comprise:

Ground Floor
•    Retail area
•    Laundry which benefits from rear access and contains an array of well-maintained laundry equipment.
•    Toilet

Business Rates
Business rates payable: TBC
Interested parties should make their own enquiries with the local billing authority to ascertain the exact rates payable. Alternatively, enquiries can be made online at the VOA website www.voa.gov.uk

Turnover
Turnover is in the region of £45,000 per year

Stock
The business stock value is: TBC

Staff
The proprietor runs the business with one member of staff

EPC
Commercial Energy Performance rating: TBC


Tenure
•    Leasehold.
•    The business is offered for sale on a leasehold basis. Our clients choose to have a rolling rental agreement with the landlord, but we are advised that they will grant a new lease to suitable applicants. The annual rent payable is £12,000 per year.

Please Note: The Code for Leasing Business Premises in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations or through the website:  www.leasingbusinesspremises.co.uk

Legal Costs
Each party to bear their own legal costs incurred in the transaction. This may not include the landlords

Accounts
Accounts will be provided to genuine purchasers after a formal viewing

Viewing
Strictly by appointment with the vendor's agents, Falcon Commercial on 01404 758081 or email [email protected]

Agents Note
Please remember that selling a business can be a sensitive issue and staff or suppliers may not be aware of a sale at this point. Do not attempt to contact the business directly. Thank you 
 

Read more

Key Features

Contact Agent

Contact the seller for more details, or book a viewing

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

Do not 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 amount 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.

0 of 0

Contact seller

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. Rest 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.

0 of 0

Recently viewed businesses

Disclaimer

The data showed regarding this advert 'Popular Somerset Laundry & Dry Cleaning Business - 1409 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.