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Launderette for sale in North Bristol with strong customer base and versatile space

City of Bristol, Bristol, ID 169258

Launderette for sale in North Bristol with strong customer base and versatile space 1
Launderette for sale in North Bristol with strong customer base and versatile space 1
Asking price:
GBP£24 500
Turnover (per year): £22 131 gbp
Net profit (per year):£22 131 gbp
Owner
Owner's representative

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Description

This laundrette trades from a purpose-built shopping development in a residential part of North Bristol. Other shops and local services operate within the same development.

Location

Area: North Bristol suburb

Road links: M4 and M5 nearby

Nearby: Bristol city centre, business parks and major employers

Customer parking: available

Laundry area

  • Seven washing machines
  • Four dryers
  • Customer seating

Machine condition: well maintained

Replacement cost: substantial

Other work areas

  • Unused storeroom
  • Customer service point
  • Office
  • Ironing area
  • Plant room
  • Cloakroom facilities

The unused storeroom could be used for clothing repairs, alterations or a dry-cleaning collection service.

Plant room

  • Hot water tank
  • Water-softening system

Rear yard

The enclosed rear yard is secure and contains a water storage tank. It also has space for drying.

Property costs

Rent: £115 per week

Business rates: £0

Current operation

Ownership period: 17 years

Opening hours: 27½ hours per week

Operation: attended during opening hours

Current basis: semi-retirement

Payments: cash only

Card payments: not currently accepted

Self-service work: approximately 80%

Customers

Customers travel from a wide surrounding area, and many use the laundrette regularly.

Immediate local competition: none reported by the seller

Financial figures

Income for 2025: £22,131

Ways to grow

  • Open for longer hours
  • Move to a fully self-service operation
  • Accept card payments
  • Add clothing repairs and alterations
  • Add a dry-cleaning collection service

Details

Real Estate: Lease
Asking price: 24 500 gbp
Turnover (per year): 22 131 gbp
Net profit (per year): 22 131 gbp

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