Reputable Laundry Business for Sale in Tonbridge

Tonbridge, Kent

REF: INT2680

Asking Price:
£175,000

Annual Turnover:
£248,167

Annual Net Profit:
£40,082

REF: INT2680

Photo of Reputable Laundry Business for Sale in Tonbridge

Overview

Tenure:
Leasehold

Established:
2013

Excellent Reputation
Friendly & Professional Team
Huge Growth Potential
Equipment Included
Accommodation Included

Now on the market is a reputable and successful cleaning and laundry business operating in Paddock Wood Tonbridge, offering professional laundry services to a strong customer base.

The business has a commercial customer base of around 30 clients including schools, hotels and Airbnb’s – 90% of customers have been with the business for over 10 years, with the company also having a large walk-in customer base.

Passing trade within the laundrette is frequent due to its brilliant location and extensive word-of-mouth recommendations within the surrounding areas.

The company owns both its vehicles, as well as the majority (around 90%) of its equipment within the laundrette, while leasing around 2/3 machines that are fully maintained. They also have the only automatic dosing machine that can dose 7 machines from one station – a truly profitable and established business that has great growth potential.

The laundry business is located in a busy part of Paddock Wood Tonbridge, within a leasehold premises that also includes a 3-bedroom apartment upstairs that has been rented out as extra income for the business. It is situated on a busy High Street and close to schools with high footfall and nearby parking. They have also just installed two brand new RINNAI hot water supply services which are much more efficient and use less water in a more environmentally friendly manner.

They currently employ 11 members of staff and manage them through Bright HR – they also have Sage accounting and payroll – most of the staff have been with the company for 10 years or more and the business runs completely independent of the owner.

This established laundry business has ample scope for growth and presents a truly profitable venture.

Currently, business is very seasonal within the summer months – increasing marketing so that profits are high within all seasons would be highly beneficial. This could include building a website with PPC/SEO campaigns, and also creating engaging content on social media alongside Paid Ads – increasing their reach and customer base.