Bolton Laundrette Business with Living Space for Sale, £50K Annual Turnover
Bolton, Manchester
- Status
FOR SALE
- Date Submitted:
13/10/23
- Advert ID
601062
- Reference
ID3007 / Rightbiz
- Call Agent:
- Freehold: £349,950 (Stock at valuation)
- Turnover: £50,000 (£962 Per week)
- Net Profit: On request
Key Features
- Attractive Business
- Offers Invited
- Accounts Available
- Fully Fitted
- Town Centre location
- Established Business
- Prime Location
Business Details
Freehold Self Service Laundrette With Living Accommodation For Sale Bolton
Sovereign Business Transfer is delighted to market this fantastic business opportunity. A well established launderette with spacious self contained living accommodation located on Lee Lane in Horwich, Bolton.
The business was established over 25 years ago and has only been placed on the market due to our client’s wish to concentrate on their other business interests.
This deceptively spacious end terrace property positioned on Lee Lane situated close to the town centre and is one of the main roads through this popular shopping town, which lies approximately 6 miles from Bolton and 5 miles from Chorley.
Horwich is a popular area with good schools and housing. The town boasts easy access with junction 6 of the M61 motorway approximately 3 miles away. On the outskirts of the town lies Middlebrook Retail Park and the Reebok Football Stadium.
Horwich Launderette is situated on a thriving parade with ample free customer parking with a variety of independent retail outlets and subsequently benefits from regular repeat local trade.
The business boasts an impressive inventory, briefly comprising of the following; 2 x spin dryers, 3 x Blackstone Star dryers, 4 x Loadstar, 1 x ADC dry cleaning machines, 3 x IPSO 25lbs, 2 x IPSO 40lbs, 6 x IPSO 16lbs. We are advised by our client that all machinery meets the latest health and safety requirements.
Whilst a loyal customer base has been developed there is considerable scope to extend the business via local advertising and account work, if desired.
In summary, we believe Horwich Launderette to be a first rate example that should be given serious consideration by any interested parties searching for a business of this type. While the current levels of income demonstrate the success of the business, there is still fantastic scope to increase the turnover and profits with the right owner at the helm. Viewing is therefore highly recommended.
- Annual Turnover Circa £50,000.00 (Gross)
- Self Contained First Floor Spacious 1/2 Living Accommodation
- A Niche Concern With Very Little Competition
- Ample Free Customer Parking
- Ideal Venture ‘Hands On’ Owner Operated
- Established 25 Years
Contact Agent
Listing Statistics
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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.
Be safe, use a Rightbiz Solicitor
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