Well Established Leasehold Launderette For Sale
Location England
Asking Price Range > $35.0M
Gross Revenues $26000
Net Profit / Cash Flow $12000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1963
Number of Employees 1 - 3
Inventory Yes
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Retirement.
Description œ400+ pw current takings with great potential and opportunity to increase earnings significantly (with pick up and delivery services). All machines and equipment in good working order and well maintained (7 16lb, 2 25lb and 1 35lb washing machines, 7 dryers and 1 spin dryer). Large machines for washing duvets, blankets and sleeping bags. Located on corner of busy road with both commerical and residential properties. Customer parking areas. 15 Year Lease available for œ35,000 plus œ150 pw rent - Rent review at 3 year intervals - Lease can be extended further after initial review. Attendant also available to work if and when required as constant attendance will further boost takings due to volume of service washes. Reason for sale - ''retirement''. Great business opportunity not to be missed. Please call or e-mail for viewing or further information on this Launderette for sale. Tel: 01702 341522 (between 8am-7pm) weekdays.
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