Long-Standing Local Launderette With Strong Repeat Trade
£48,000
£45,206
£13,671
Overview
Leasehold
1983
- Excellent Reputation
- Friendly & Professional Team
- Very Loyal Customer Base
- Huge Growth Potential
- Equipment Included
Established in the 1980s, this long-standing launderette has been a dependable part of the community for more than 4 decades, earning a loyal customer base who continue to rely on its trusted services.
The business provides a combination of self-service laundry facilities and staffed wash/dry/fold options, offering convenience to both domestic customers and local businesses. With 40+ years of goodwill, it remains a go-to destination for unattended self-service use as well as fully attended laundry support.
Customer demand is driven primarily by local households, supported by steady trade from Airbnbs, small hotels, hairdressers, beauty salons, and sports clubs. Operations are streamlined through a lean staffing structure, and the business benefits from a dedicated engineer who ensures low-cost, reliable machine maintenance, keeping downtime to an absolute minimum.
Marketing activity has been minimal in recent years, presenting significant scope for growth. Opportunities exist to increase visibility through local advertising, expand digital presence, and introduce enhanced services such as collection and delivery.
This presents an excellent opportunity for a new operator to acquire a well-established, easily managed business with strong foundations and immediate potential for further development.
Located in the fast-growing town of Banbury, this well-known laundrette benefits from steady footfall thanks to its position near complementary retailers, including a pet food shop and a Polish supermarket.
Operated remotely by the owner, it runs as a low-intervention business with a manager and 2 contracted staff overseeing daily operations.
The owner visits weekly for cashing up and utilities, while staff manage customers independently, only escalating machine issues or occasional queries.
The premises feature ample nearby parking, a distinctive wood-framed fascia, long glass panes, a U-shaped machine layout, central folding table, and seating.
Demand remains strong due to its busy retail setting and limited local competition, supported by a trusted engineer who maintains equipment at low cost.
The sale includes the full equipment inventory, and the laundrette serves both everyday laundry needs and larger items such as duvets and bedspreads.
The rapidly growing population of Banbury (161,000 including surrounding areas) provides a broad customer base within a 10-12 mile radius.
Growth strategies could include enhanced marketing activities such as social media presence, targeted discounts, and promotional offers.
Expanding the service to include laundry collection and delivery would provide additional revenue streams. Bringing on board more small businesses such as local hotels, B&Bs, and salons, with contracted laundry services, would diversify income and increase turnover.
Should the owner wish to become more actively involved, it could strengthen customer relationships and reduce staffing costs.
Given the business’s established reputation, consistent income, and untapped marketing opportunities, a motivated new owner could potentially double the current turnover.
Features
Key Information
- Services Offered: Laundry
Online Presence
- Facebook: Yes
Location
- Close to Local Businesses
- Nearby Car Parking
- Limited Competition