Coin Operated Laundrette for Sale in Chard Somerset
Chard, Somerset
- Status
FOR SALE
- Advert ID
641528
- Leasehold: £135,000
- Rent: £16,000 (£1,333 per month)
- Turnover: £80,000 (£1,538 per week)
- Profit: £50,000 (63% Profit margin)
Key Features
- High profit margins
- Coin operated laundry services
- Consistent turnover and profitability
- Established customer base
Business Details
Hands of established coin operated laundrette
We are pleased to present an exceptional opportunity to acquire a well-established laundrette in Chard, Somerset. This hands-off investment is popular within the community and offers an excellent chance for anyone seeking a reliable source of income with minimal input. With a solid two decades of operation, the business has cultivated a robust customer base and enjoys a competitive edge with no immediate rivals in the area.
This laundrette operates as a cash business and is remarkably simple to manage. It features modern and vibrant laundry machines that enhance the customer experience, and a variety of services that cater to a busy clientele. These include convenient service washes and an attractive duvet washing option that is prominently advertised. Customers also appreciate the flexibility of self-service washing and drying facilities. The clean and inviting storefront is supported by clear signage, further enhancing visibility and accessibility.
Financial Overview
The laundrette is available for leasehold, with the asking price provided upon request. The current turnover stands at an impressive £80,000, driven by a healthy profit margin of £50,000, making it an attractive investment. The annual rent is £16,000, and all fixtures and fittings are included in the sale price, ensuring a seamless transition for the new owner. Additionally, all stock will be part of the transaction.
Operating with high profit margins, this coin-operated laundrette guarantees consistent turnover and profitability. It boasts an established customer base and enjoys the advantage of experienced, friendly staff who are available to assist the new owners. Furthermore, the equipment is well-maintained, matching the quality standards customers expect.
Reasons for Sale and Support Offered
The current owners are relocating abroad, hence the decision to sell. They are committed to a smooth transition for the new proprietors and will provide training opportunities to ensure continued success. With only one employee already in place, this offers a straightforward operational structure that can easily be managed.
In summary, this established laundrette presents a unique proposition for those looking to embark on a profitable venture with ease. With minimal competition, a solid revenue stream, and comprehensive support available, this business is poised for continued success.
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
