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Launderette for sale in Morley West Yorkshire, operating since 1969 with diverse services available

Morley, West Yorkshire, ID 169259

Launderette for sale in Morley West Yorkshire, operating since 1969 with diverse services available 1
Launderette for sale in Morley West Yorkshire, operating since 1969 with diverse services available 1
Asking price:
GBP £28 000
Turnover (per year): £62 400 gbp
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Description

Well-established launderette for sale in Morley, West Yorkshire, a thriving local business that has been operating since 1969. Conveniently situated between two vibrant villages, this launderette benefits from excellent foot traffic and a loyal customer base. With a weekly income of approximately £1,200, the business presents a fantastic opportunity for new ownership. The launderette is open seven days a week, boasting accessible hours from 7:30 a.m. to 7:00 p.m. It offers a comprehensive range of services including washing, drying, folding, ironing, and dry cleaning. The facilities are well-maintained, creating a welcoming atmosphere for all customers. With existing services already in place, there is significant potential for growth and expansion should the new owner wish to introduce additional offerings. Attractive Features This launderette comes equipped with a variety of advantageous features. A security CCTV system is installed for peace of mind, while both self-service and full-service options are available to cater to diverse customer needs. The workspace is spacious, complemented by staff toilet facilities, ample storage, and utility space, all of which enhance operational efficiency. The business operates on a six-day trading week, ensuring a strong cash flow potential and solid reputation in the community, backed by loyal customers. Financial Overview The leasehold price for this thriving business is £28,000, with an impressive current turnover of £62,400. The annual rent is set at £10,800, reflecting a sound investment opportunity. With only one employee currently on board, the business presents an accessible start for enterprising individuals looking to enter the laundrette industry. Sale Details The current owner, who has managed the business for a year, has decided to sell due to time constraints. They are willing to provide training opportunities for the new owners to ensure a smooth transition. While all fixtures and fittings are included in the price, serious buyers are encouraged to schedule viewing appointments. Various nearby amenities, such as a local fish and chips shop, pizza shop, post office, and co-op, continue to attract customers to the area, further enhancing the business's appeal.

Details

Real Estate: Lease
Reason for selling: Health or personal issues
Support from seller: Full transition support from seller
Asking price: 28 000 gbp
Turnover (per year): 62 400 gbp
Rent (per year): 10 800 gbp

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