30 + Year Established Laundrette For Sale

Description

Long-Standing Laundrette for Sale – East London / Essex Borders

This is a rare opportunity to acquire a well-established laundrette business that has been successfully operating for over 30 years. The business offers a full range of services including ironing and service washes, and benefits from a loyal customer base and consistent weekly turnover.

Business Overview

The laundrette generates over ?3,000 per week, reflecting strong local demand and reliable trade. With minimal investment, a new owner could significantly grow revenue through extended operating hours, additional services, or targeted marketing initiatives.

Premises and Equipment

The premises occupy approximately 800 sq.ft and operate under an A1 licence (2300), making it suitable for a range of commercial uses. The business comes fully equipped with:

• 6 JLA commercial washing machines
• 4 JLA dryers
• 2 ironing tables

All equipment is maintained and ready for immediate use, ensuring a seamless transition for the new owner.

Lease and Costs

• Brand new 10-year lease provides security and stability
• Annual rent: ?15,500
• Business rates: Nil payable

Sale Terms

The leasehold business is available for ?89,995 plus stock at valuation. This is a turnkey opportunity with secure premises, modern equipment, and an established trade, making it ideal for both owner-operators and investors seeking a profitable, hands-on business.

Growth Potential

Opportunities exist to increase turnover by introducing new services such as dry cleaning, corporate contracts, or delivery and collection services. With an established reputation and a prime location on the East London / Essex border, the business provides a solid platform for continued growth.

Summary

This laundrette represents a strong, low-risk investment in a stable, high-demand sector. With over 30 years of trading history, modern equipment, and scope for expansion, it is well-suited to a new owner looking to step into a profitable and manageable business.