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Laundrette and Café/Takeaway for Sale in Plymouth, Devon

Plymouth, Devon
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Fully Fitted Laundrette & Cafe/takeaway Photo 1
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Fully Fitted Laundrette & Cafe/takeawayFully Fitted Laundrette & Cafe/takeawayFully Fitted Laundrette & Cafe/takeawayFully Fitted Laundrette & Cafe/takeawayFully Fitted Laundrette & Cafe/takeawayFully Fitted Laundrette & Cafe/takeawayFully Fitted Laundrette & Cafe/takeawayFully Fitted Laundrette & Cafe/takeaway
  • Status

    FOR SALE

  • Advert ID

    649248

  • Leasehold: £45,000
  • Rent: £12,000 (£1,000 per month)
  • Turnover: £70,000 (£1,346 per week)
  • Profit: On request

Key Features

  • Accessible location feature
  • Ample foot traffic
  • Attractive central location
  • Busy location with ample parking

Business Details

Fully Fitted Laundrette & Cafe takeaway

Introducing a fully fitted laundrette and café/takeaway unit, complete and ready for immediate operation. This establishment boasts a range of equipment, including self-service washing machines and dryers—all owned outright without finance or ongoing equipment costs. The site is equipped with a pizza oven, fryers, grill, full ventilation system, boiler, tables, and furniture, ensuring that everything necessary to hit the ground running is already in place.

Located in a prime spot directly opposite Aldi, this laundrette is not only well-established but also holds the title of the highest-rated in Plymouth. It benefits from a constant stream of foot traffic and passing vehicular activity throughout the day, fostering a strong local presence and a loyal customer base.

The café component of the business has previously operated as a takeaway and shows significant potential for growth, particularly during evening hours. There is ample opportunity to expand the café offerings further and to explore online ordering and delivery options, providing additional avenues for revenue generation.

Currently, I am not actively managing the business as I am transitioning into the property sector and wish to focus on my family. The setup cost exceeded £100,000, but I am now seeking a quick and straightforward sale at around £45,000

Key features of this laundrette and café include:

  • A bright and modern interior with a vibrant colour scheme and stylish furnishings.
  • Multiple self-service washing machines and dryers for customer convenience.
  • An on-site café serving a range of beverages and fresh food options.
  • A spacious seating area where customers can relax while their laundry is in progress.
  • A prime location with high visibility and substantial foot traffic.

This business has been established for eight years, and I have owned it for the same duration. The competition in the area is minimal, with Aldi being a prominent nearby amenity that attracts customers. All fixtures and fittings are included in the sale price, alongside current stocks.

The annual rent stands at £12,000, and the current turnover is approximately £70,000. While I employ one staff member, I am open to providing training opportunities for the new owners to ensure a smooth transition.

With an accessible location and diverse clientele, this business represents a fantastic investment opportunity in a busy area complete with ample parking. Seize the chance to take over a thriving laundrette and café/takeaway in Plymouth, Devon. 

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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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