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Well Established Leasehold Launderette For Sale
Location: England -> Westcliff On Sea
Industry: Business Services > Laundry




Business Summary

£400+ 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 £35,000 plus £150 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.


Financials

Asking Price Range:  > $35.0M
Gross Revenues:   $26,000
Cash Flow:   $12,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  Yes
Seller Financing:  Not Disclosed

About The Business

Year Established:  1963
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Lease

About The Sale

Reason For Selling:  Retirement.

Photos

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Well Established Leasehold Launderette For Sale Photo 1




Print Listing Id: 700100608
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Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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