Long-established launderette business situated in a busy trading position in the popular area of Babbacombe, Torquay. The business has been in the same family ownership for an impressive 60 years and is now being offered for sale due to retirement.
The launderette enjoys an excellent local reputation with a loyal customer base and consistent year-round trade. In addition to self-service laundry, the business undertakes profitable service washes during weekday mornings, further enhancing turnover and customer retention.
All machines and equipment are maintained in tip-top order, allowing a new owner to continue trading immediately with minimal additional investment required. The business currently operates with the owner supported by two part-time members of staff, making it suitable for an owner operator, couple, or small family business.
The premises are available on a new lease with affordable annual rent of approximately £8,200, providing low overheads and excellent value for a well-established business in a sought-after coastal location.
This is a rare opportunity to acquire a profitable and respected business with strong foundations and further growth potential.
