Thriving Launderette Business in Bromsgrove Worcestershire Up for Sale
Bromsgrove, Worcestershire
- Status
FOR SALE
- Date Submitted:
05/02/24
- Advert ID
606266
- Leasehold: £110,000
- Rent: £6,200
- Turnover: On request
- Net Profit: On request
Key Features
- With Car Park
- Established Business
- Small Business
- Adjacent to Multiple Retailers
- Central Position in Affluent Village
- Prime Location
- Close to Local Amenities
- Fully Fitted
- Attractive Business
Business Details
Launderette for sale in the busy town of Bromsgrove
VIEWING STRICTLY BY PRIVATE APPOINTMENT ONLY
Established thirteen years ago as a brand new enterprise. Has been built up from zero to £123k turnover prior to COVID then nearly didn't make it!! Built it back up after COVID obtaining new commercial customers mainly Air B&B's and local function establishments and now having a £80k turnover last tax year and heading towards a higher turnover for the coming tax year.
Over a thousand followers on Face Book with great reviews and also on Goggle Business. Instagram needs some work though.
The Local footfall is always constant throughout the week with many days being very busy. However, there is still more room for improvement as customers have requested a late night opening or at least longer opening hours as they can not make it across town before 6pm when I currently close.
Ready for further growth in the hands of younger more ambitious owners together with space ready to install more machines.
Double frontage shop premises with private customer parking spaces
Front of house - Altro safety flooring, suspended ceiling with concealed fluorescent light fittings, reception desk, 6 x chairs for customer seating, 2 x tables for laundry folding, IPSO 22lb, IPSO 30lbs, 2 x IPSO 40lbs washers and ADC 2 x T50 and T30 stacker dryers.
Private door leading from main shop are to a WC with wash basin, then opposite is the tank room with cold water tank and water heater that feeds all the washers.
Back of House - Extra large and wide ironing board with Tefal Steam Generator Iron, Miele roller iron, Numerous baskets and shelving. Large industrial double hanging rail, kitchen area with Fridge, Microwave and kettle. Through another lockable door is the sink area with a further WC which also leads to the garden/car parking area suitable for approximately three cars.
Tenure - The Shop unit is currently on a five year rolling lease of £6200 PA.
Shop Unit - Approximately 456 Sq Ft so falls under the SBRR scheme so currently this stands at £zero PA
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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.
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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.
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