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Commercial Laundrette For Sale Stockport Greater Manchester

Hazel Grove, Manchester
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Commercial Laundrette For Sale Stockport Greater Manchester Commercial Laundrette For Sale Stockport Greater ManchesterCommercial Laundrette For Sale Stockport Greater Manchester
  • Leasehold: £45,000
  • Rent: £5,400
  • Turnover: On request
  • Net Profit: On request

Business Details

Sovereign Business Transfer are delighted to offer for sale an established and well respected independent laundry business, with over three decades of trading success.  The business is being sold so the owner can pursue other business interests.

Based on a busy parade of complementary independent retails within a densely populated residential area in Hazel Grove near Stockport. The area is a hive of activity and therefore benefits from high volumes of regular trade with excellent potential for future growth.

The business was purchased by our clients 3 years ago, they have refurbished the premises including the purchase of 3 refurbished machines. The sale of the business includes: 5x Speed Queen commercial dryers, 1x 35lb Ipso washer, 2x 16Ib Ipso washers, 2x 22Ib Ipso washers and 2x Fast press power steam pressers.

The business currently offers a pickup and delivery service for a range of customers within a 10 mile radius.  We are advised by our client that 80% of the sales are derived from commercial customers and 20% from local domestic customers.

The vendor is keen to sell the company to an ambitious and entrepreneurial new owner who can expand the operation through advertising and marketing through social media, possibly extend the operating hours and extend the delivery service by canvassing local hotels, pubs and restaurants to becoming their preferred supplier.

This business would truly suit a family operation or bolt-on to an existing operator. Viewing comes highly recommended to avoid disappointment.

  • Business ID: 2904
  • Annual Turnover Circa £65,000
  • Enviable Customer Base
  • Comprehensive Range Of Commercial Laundering Equipment
  • Vast Scope To Increase Turnover Via Targeted Marketing Campaign
  • Situated On Busy Parade Of Shops
  • 5* Google Reviews

 

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Key Features

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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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