Ap010-central london- £75,000 -well equipped launderette

Asking Price: 75,000 £ Real Estate: Lease
Sales Revenue: 60,000 £ Location: Not Disclosed
Net Profit: 1 £ City: London
Year Established: 1993 State/Province: City of London
Employees: Not Disclosed Country: United Kingdom
# of family members employed: Not Disclosed

Business types:

Retail

Business categories:

Laundry

Business 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 £75,000 Asking price includes: Turnover circa £60,000 per annum High margins 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. Customer Service High levels of personal service are provided to all customers most of whom use the facilities on a regular basis. Employees Two part time staff are employed to cover the morning and afternoon/evening shift. Advertising and Marketing No marketing effort has ever been used to generate additional business. The launderette would undoubtedly benefit from regular advertising and leaflet distribution campaigns.

Additional information

Additional information: Not Disclosed
Support & training: Not Disclosed
Reasons for selling: retirement
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Not Disclosed

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