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Reference M4494

Commercial Laundry in Hatfield For Sale

Commercial Laundry in Hatfield For Sale
Buy a Commercial Laundry in Hatfield For Sale Sell a Commercial Laundry in Hatfield For Sale

Register to see map and to make an appointment Industrial Estate, HERTFORDSHIRE HATFIELD

Turnover 1,200
Price 40,000

Features

Commercial Laundry Including Servicing Dry Cleaning Shops On A Weekly Basis

This Commercial Laundry washes duvets, pillows, curtains etc. The work comes from approximately 30 regular customers in the London, Hertfordshire and Surrey areas.

INDUSTRIAL UNIT approx. 750 sq. ft. concrete floor. The equipment includes 2-50lb electric washing machines, industrial rug machine, 2 large tumble dryers, pillow machine, 1 flat industrial sewing machine.

Staff cloakroom with w.c. and 2 wash hand basins
Kitchen

Stairs to Mezzanine floor

Turnover

WE ARE INFORMED the turnover averages 1,200/1,400 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the sales year ending July, 2017 showed 64,461 with a gross profit of 61,215 & a net profit of 32,267

Staff

The business is at present operated by a husband and wife team & no staff are employed.

Trading Hours

Operated on a 5 day week basis Monday - Friday inclusive - 8 a.m. - 4.30 p.m. On occasions the business is also operated on a Saturday.

Outside

2 parking space in front of the industrial unit

Tenure

We understand the premises are held on a new renewable Council lease for a period of 3 years at a rental of 8,900 p.a. exclusive of rates.

Uniform Business Rates: Nil payable after full relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE COUNCIL AGREEMENT, GOODWILL, FIXTURES & FITTINGS 40,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 20,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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