Launderette for sale in Morley West Yorkshire, operating since 1969 with diverse services available
Morley, West Yorkshire
- Status
FOR SALE
- Advert ID
648250
- Leasehold: £28,000
- Rent: £10,800 (£900 per month)
- Turnover: £62,400 (£1,200 per week)
- Profit: On request
Key Features
- Security CCTV system installed
- Self-service and full-service options
- Serious buyers only policy
- Six day trading week
Business Details
Launderette for sale in Morley West Yorkshire
Well-established launderette for sale in Morley, West Yorkshire, a thriving local business that has been operating since 1969. Conveniently situated between two vibrant villages, this launderette benefits from excellent foot traffic and a loyal customer base. With a weekly income of approximately £1,200, the business presents a fantastic opportunity for new ownership.
The launderette is open seven days a week, boasting accessible hours from 7:30 a.m. to 7:00 p.m. It offers a comprehensive range of services including washing, drying, folding, ironing, and dry cleaning. The facilities are well-maintained, creating a welcoming atmosphere for all customers. With existing services already in place, there is significant potential for growth and expansion should the new owner wish to introduce additional offerings.
Attractive Features
This launderette comes equipped with a variety of advantageous features. A security CCTV system is installed for peace of mind, while both self-service and full-service options are available to cater to diverse customer needs. The workspace is spacious, complemented by staff toilet facilities, ample storage, and utility space, all of which enhance operational efficiency. The business operates on a six-day trading week, ensuring a strong cash flow potential and solid reputation in the community, backed by loyal customers.
Financial Overview
The leasehold price for this thriving business is £28,000, with an impressive current turnover of £62,400. The annual rent is set at £10,800, reflecting a sound investment opportunity. With only one employee currently on board, the business presents an accessible start for enterprising individuals looking to enter the laundrette industry.
Sale Details
The current owner, who has managed the business for a year, has decided to sell due to time constraints. They are willing to provide training opportunities for the new owners to ensure a smooth transition. While all fixtures and fittings are included in the price, serious buyers are encouraged to schedule viewing appointments. Various nearby amenities, such as a local fish and chips shop, pizza shop, post office, and co-op, continue to attract customers to the area, further enhancing the business's appeal.
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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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