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Reference M5090

Launderette and Dry Cleaning Agency in Middlesex For Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, MIDDLESEX

Turnover 1,950
Price 67,500

Features

Well Established Launderette Plus Dry Cleaning Agency

DOUBLE FRONTED PREMISES with tiled floor. The equipment includes 5-30lb ADC gas tumble dryers, 2-50lb ADC gas tumble dryers, 3-40lb Ipso front loading washing machines, 2-35lb Ipso front loading washing machines, 1-25lb Ipso front loading washing machine, 5-16lb Ipso front loading washing machines, boiler, sewing machine, overlocking machine, industrial steam iron, industrial ironing table.

Turnover

WE ARE INFORMED the turnover in the winter months is in the region of 2,100 p.w. & in the summer months in the region of 1,800 p.w. Included in the turnover is some shirt ironing & repairs to garments.

Charges:
40lb wash 6.50
23lb & 35lb wash 5.50
16lb wash 4.00
Tumble Dryers 1 for 10 minutes in respect of 30lb dryers. 1 for 8 minutes in respectof 50lb dryer

Staff

At present operated by the vendor with the assistance of his wife plus 1 part time presser, 1 part time tailor plus 1 part time help.

Trading Hours

8 a.m. - 7 p.m. seven days per week
It will be appreciated upon inspection that there is potential for additional opening hours during the evening

Outside

Shared yard at rear with parking space for 1 car

Tenure

We understand the premises are held on a renewable lease having approximately 8 years unexpired at a rental of 14,000 p.a. exclusive of rates for the next 3 years with rent to be agreed thereafter.

Uniform Business Rates: Nil at present after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 18 YEARS AND THERE ARE GENUINE REASONS FOR SALE

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 67,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 33,750 (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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