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Commercial laundry service and linen hire provider with 400 clients and strong management team

Undisclosed

CONFIDENTIAL

  • Freehold: Price on Application
  • Turnover: £2,500,000 (£48,077 per week)
  • Profit: £460,000

Business Details

Commercial Laundry Service and Linen Hire Provider

Based in South East England
The company provides a commercial laundry service, operating its own fleet of vehicles for collection and delivery. In addition, the company offers linen and garment hire and sale, having developed strong relationships with leading industry suppliers.

Through its exceptional reputation built over more than eight decades, the company has established many recurring revenue streams and a long-term repeat client base.

Our clients are now offering the company for sale to facilitate retirement plans.

Offers invited.

Key Highlights

- Turnkey acquisition opportunity with a strong senior management team in place capable of operating independently.

- Serves a diverse regional client base, including those across the leisure, hotel, restaurant, manufacturing, mechanical and engineering, weddings, events, and education sectors.

- Approximately 400 active clients, all of which provide repeat business.

- Longest client relationships span more than three decades.

- Operates from freehold premises that can be included in the sale.

Financial Highlights

- Turnover of £2.5m achieved in YE25, with an adjusted EBITDA of circa £460k.

- Forecast turnover for YE26 of £2.65m.
 

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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.

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The data showed regarding this advert 'Commercial Laundry Service and Linen Hire Provider - 159902 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.