Established Laundry Service in Essex

Basildon, Chelmsford
REF: 04925

Asking Price:
£90,950
Annual Turnover:
£66,452
Annual Net Profit:
£25,095
REF: 04925

Overview

Tenure:
Leasehold
Established:
2006
  • Professional Service
  • Established in 2006
  • Large customer base
  • High annual turnover
  • Potential for further growth

A superb opportunity has arisen for a new buyer to take ownership of a highly regarded Laundrette in Essex.

Trading since 2006, the current owner has developed a highly profitable business which continues to demonstrate an impressive level of growth each year serving a large customer base.

Offered to the market with excellent premises and an outstanding reputation, this is an ideal opportunity for an entrepreneur to acquire a longstanding business with further potential.

Established in 2006, the business has built an impressive weekly turnover which continues to be in the ascendency.

The current owner provides a popular range of services that include washing, self-service options, ironing and alterations and repairs, along with a thriving collection and delivery service.

Serving both domestic and commercial clients, such as hotels, restaurants, schools, vets and local authorities.

The business is easily recognisable due to its prominent position on a busy main road, large glass façade and clear signage. The interior décor has recently been refurbished and offers a clean and modern environment which provides ample space for a wide range of washing machines, shirt machines, tumble dryers and seating. To the rear is a dedicated ironing room, office and further storage.

Intelligent are pleased to offer to the market a fantastic opportunity for a new buyer to acquire a longstanding and highly reputable Laundrette located in the popular large town of Basildon, Essex.

Established in 2006, the business has demonstrated year on year growth and now achieves a weekly turnover of £2,325.

With a superb level of profit available and an excellent location, this is an ideal opportunity for an entrepreneur to acquire a successful turnkey business with further growth potential.

A motivated new buyer may look to develop the business further by developing a website and maximising the use of social media and online marketing platforms in order to reach a larger customer base. There is space to add further machines, such as dry cleaning systems, in order to attract further new business in the future.

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  • Located in Basildon
Rent
£7,750
Rates
£10,542
Lease Term
TBC
Lease Expiry
TBC
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
B 26-50

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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