Featured Brokers
CONFIDENTIAL
FOR SALE
658059
LD02-ABS / Rightbiz
A profitable, long-established operation serving commercial and residential customers, offered
as a complete going concern with operating equipment included.
A rare opportunity to acquire an established Oxfordshire laundry and dry-cleaning business with a strong commercial focus, recurring linen and towel hire contracts and a substantial adjusted earnings profile.Â
Trading since 2000, the business combines dependable day-to-day demand with clear scope to win additional commercial accounts and develop a rapidly growing residential customer base.
Established and profitable Oxfordshire laundry and dry-cleaning business serving commercial and residential customers, with recurring linen and towel hire contracts and an excellent reputation for quality and reliability. Turnover is approximately £266,000, with adjusted EBITDA of circa £93,000 before director drawings.Â
The sale includes all operating equipment, while the established client base and limited competition nearby provide a strong platform for further growth. Offered at £150,000 plus stock of approximately £30,000.
The business also offer different type of laundry contracts, not just hire contracts. The vast majority of our customers have their own stock; they still use the company’s services every week providing a regular consistent income.
Executive overview
The business provides laundry and dry-cleaning services to businesses and residents across its Oxfordshire catchment area. Its commercial activity includes contract linen and towel hire, while complementary tailoring and specialist carpet and rug cleaning broaden the revenue base and support customer retention.
Performance is described by the owner as steady and consistent. The operation currently generates annual turnover of approximately £266,000 and adjusted EBITDA of circa £93,000 before director drawings.Â
These figures indicate an attractive earnings profile relative to the asking price, subject to purchaser verification and normal due diligence.
The business is offered because the owner wishes to return to London to be closer to family. The reason for sale is therefore personal and is not connected with trading performance. A handover and practical support may be available by agreement, and the owner is willing to enter into an appropriate non-compete covenant.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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