Launderette for sale in Banbury Oxfordshire with over 40 years of customer goodwill
Banbury, Oxfordshire
- Status
WITHDRAWN
- Advert ID
641554
- Reference
INT2892 / Rightbiz
- Call Agent:
- Leasehold: £40,000
- Turnover: £37,417 (£720 per week)
- Profit: £10,800 (29% Profit margin)
Business Details
Long Standing Local Launderette With Strong Repeat Trade for Sale including Equipment in the region of 18,000
Established in the 1980s, this long-standing launderette has been a dependable part of the community for more than 4 decades, earning a loyal customer base who continue to rely on its trusted services.
The business provides a combination of self-service laundry facilities and staffed wash/dry/fold options, offering convenience to both domestic customers and local businesses. With 40 years of goodwill, it remains a go-to destination for unattended self-service use as well as fully attended laundry support.
Customer demand is driven primarily by local households, supported by steady trade from Airbnbs, small hotels, hairdressers, beauty salons, and sports clubs. Operations are streamlined through a lean staffing structure, and the business benefits from a dedicated engineer who ensures low-cost, reliable machine maintenance, keeping downtime to an absolute minimum.
Marketing activity has been minimal in recent years, presenting significant scope for growth. Opportunities exist to increase visibility through local advertising, expand digital presence, and introduce enhanced services such as collection and delivery.
This presents an excellent opportunity for a new operator to acquire a well-established, easily managed business with strong foundations and immediate potential for further development.
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This listing has been withdrawn by the seller or their agent. Please check back soon for any future updates.
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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