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AP010-Well Equipped Launderette Modern Washing and Drying Facilities Situated in Busy Street

Asking Price: GBP 49000
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Business Location: United Kingdom » City of London » Central London 
Category: Services » Dry cleaning/Laundry Services
Description:
Well Equipped Launderette Modern Washing and Drying Facilities Situated in Busy Street
Confidentially offered for sale
Ref No: AP010
Location :Central London
Asking Price £49,000

This busy Central London launderette was established by the current owner in 1993. It is located in a busy street amongst many shops and residential apartment buildings from where most of the customers live.

The launderette occupies circa 450 square feet accommodation.

It features modern washing and drying facilities with a variety of capacities as follows:

• Eight small washing machines
• Two large washing machines
• One extra large washing machine
• Eight tumble dryers

In addition to washing and drying, a dry cleaning and shirt ironing service is provided. This is sub contracted to another supplier with a 24 hour turnround.

To ensure best performance and longer life of the machines, all water is softened. A large capacity tank and boiler are installed.
 
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Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
60000
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: N/A
Year Established: 1993
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 2
No of trading hours: 8.30am to 8.00pm Monday to Friday 9.00am to 8.00pm Saturday & Sunday
Reasons for selling:
This is a genuine retirement sale.
Market competition and expansion:
No marketing effort has ever been used to generate additional business. The launderette would undoubtedly benefit from regular advertising and leaflet distribution campaigns.
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