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IB007 -Commercial, Retail and Domestic Laundry

Asking Price: GBP 210000
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Business Location: United Kingdom » Wiltshire » Wiltshire 
Category: Services » Dry cleaning/Laundry Services
Description:
Commercial, Retail and Domestic Laundry

Ref.IB007
Location Wiltshire
Asking Price £ 210,000This company was established by its present owner / director in 2004 who spotted an opening in the market for a top quality laundry and dry cleaning business. The operation quickly established itself as the regions leading company in this sector and has focused on three main areas of operation.

Firstly as a retail business it has approximately five hundred clients some of whom travel from twenty to thirty miles to have their washing, ironing and dry cleaning done. The business has built itself an enviable reputation for providing friendly, high quality service at competitive prices. This is supplied by a well-established, professional and close knit team of staff who understand the importance of customer service in this competitive environment.

Due to their proficiency they have also successfully diversified into the domestic cleaning market and have a solid client base of householders who rely on the cleaning teams who visit them on a regular basis.

The commercial arm of the company specializes in large contract work and has built up a portfolio of twelve on going contracts with blue chip clients such as the MOD, hotels, restaurants, and bed and breakfast businesses. Some of these clients also make regular use of a linen hire facility which further enhances customer loyalty.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue		 N/A
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area: na
Year Established: 2004
Is Relocatable?:
 Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Reasons for selling:
 The founding director has a number of commercial opportunities that she would wish to pursue
Market competition and expansion:
 The business maintains a good local profile and advertises in two local magazines and some free issue papers. The company has a developed a good web site which is well optimised.
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