Profitable Full-Service Launderette in Sunderland Tyne and Wear with High Turnover for Sale
Sunderland, Tyne and Wear
- Status
FOR SALE
- Advert ID
624446
- Leasehold: £35,000
- Rent: £6,060 (£505 per month)
- Turnover: £62,000 (£1,192 per week)
- Profit: £47,300 (77% Profit margin)
Key Features
- Established Business
- High Turnover
- Offers Invited
- Small Business
Business Details
Launderette, full service only
We are reluctantly offering our well-established launderette located in Grangetown, Sunderland, due to ill health. This profitable business has been serving the community for 14 years, with our ownership spanning the last four. It consistently generates high turnover, rendering it an ideal opportunity for a single operator or someone looking to start their own business.
The launderette is fully equipped with all necessary fixtures and fittings included in the sale. Additionally, it boasts low overhead costs, ensuring an attractive profit margin of £47,300. We also provide potential for growth by extending opening hours and introducing additional services.
The extensive service range includes wash and dry, ironing, and dry cleaning, catering to both commercial and domestic clients. Our established clientele and strong brand presence contribute to a reliable revenue stream. The facility is strategically located in a town center with a visible street frontage and convenient access.
We are committed to a seamless transition and offer training or support to the buyer if required. The leasehold price is set at £35,000, with a current turnover of £62,000 and an annual rent of £6,060, positioning this sale for a quick transaction. All stocks, equipment, client book, and the goodwill of the business are included in the sale price.
The business already has an online presence and offers an organized storage and ironing area with an efficient workflow. Anyone interested in acquiring a thriving small business with significant room for development is encouraged to reach out for more information. Serious offers are invited, and all inquiries should be made promptly. Please, no time wasters.
Map
What's Nearby
Listing Statistics
Advert Statistics Graph
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.
Be safe, use a Rightbiz Solicitor
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. 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
Get Solicitor
