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Profitable & Easily Managed Launderette in West Midlands

West Midlands

Advert ref: 1713TRB

The Business Partnership are very pleased to be marketing for sale this long established and easily managed launderette. The freehold premises occupied by the business is included in the sale.

The business has been established for many years and comprises a completely coin operated washing and drying facility. No other services are offered resulting in the business requiring no manpower during the normal operating hours with the owner only getting involved once or twice a week to collect the cash and attend to any raising issues. The one member of staff only attends one hour each day to lock up at the end of the day. The shutters raise and the equipment powers up automatically each morning!!

This is a profitable business generating cash revenues of circa £700-800 per week, generating profits in the region £25-30k per annum, and strong asset base including:
* the freehold premises,
* 10 recently purchased good quality coin operated washing machines
*  recently purchased good quality coin operated driers,
* new boiler/cylinder/water pump
all requiring minimal owner and staff involvement.

The self contained 2 bedroom flat above the shop generates rental income of £5k per Annum (EPC rating E).

An early viewing is strongly recommended as the business is attractively priced to sell quickly.

For further information please click though or contact Tim Bayley at The Business Partnership central Birmingham office directly.  

Key features:

  • Easily Managed, Low Overhead, Highly Profitable Cash Business
  • Freehold Premises with Self Contained 2 Bedroom Flat 
  • Flat Generates Rental Income £5kpa
  • Cash Takings in the Region of £700-800 per Week
  • Minimal Owner Involvement
  • Only 1 Part Time Member of Staff
  • Excellent Quality Coin Operated Washers and Dryers
  • Early Viewing Highly Recommended
  • Reluctantly Offered for Sale due to Impending Retirement!!

Property Details: Freehold
Asking Price: £180,000 (Freehold)
Reason For Selling:

Retirement. 

Profitable & Easily Managed Launderette in West Midlands West Midlands

Financial Details

  • Freehold: £180,000
  • Turnover: undisclosed
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