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Established Laundry Business For Sale – Loyal Customers & Steady Income

Barry, South Glamorgan, UK
Asking Price:
£285,000
Turnover:
£66,769
Net Profit:
Undisclosed

CoGoGo are delighted to welcome to the market The Laundry Rooms, a highly rated laundry service business in Barry, Vale of Glamorgan. The business is rated 5 stars on Google.

The business was originally established over 40 years ago, with our client taking over in 2018. The business is extremely popular within the local area, building up an excellent reputation and regular customer base.

The Laundry Rooms has now come to the open market due to our clients desire to move on.

The Laundry Rooms is a professional local business that specialises in laundry, dry cleaning and ironing services. As the business is the only one in the local area that offers dry cleaning on site, there is a huge market for this. The business also offers a free collection & delivery service within the local area of Barry.

The business currently offers delivery rounds twice per week which could be expanded hugely to further increase profits.

The business also benefitted from computerised till systems which where incorporated in 2022.

Key selling points -

Great reputation
Scope for expansion
Excellent location
Low overheads

Scope to improve -

Extend trading hours
Increase marketing/advertising
Increase delivery rounds

Financial Profile

We are advised as per the 2024 accounts, the business generated a turnover in the region of £78,000. The flat above the premises is currently tenanted with the tenant paying £175 per week. Further financials can be made available upon request.

Property Information

Property:

Freehold

Location:

The Laundry Room is located on Vere St, in the town of Barry, Wales.

The business has eye catching signage and receives high levels of footfall and passing trade and benefits from being surrounded by housing and other businesses.

There is also ample free parking on the street for customers and staff.

Premises Details:

Basement Room -

Staff room
Storage area

Ground floor -

Service area
Laundry area

The premises also has -

4 x ironing beds with iron
Vacuum and heater
2 x Tills
Various hanging rails and storage cupboards
6 x Industrial washing machines
5 x Standard and 1 x large industrial dryers
A CCTV system with 3 cameras
Dry cleaning machine purchased in 2019

Business Operation

Trading hours:

The current trading hours -

Monday to Friday – 8am – 5pm
Saturday – Closed
Sunday - Closed

Employees:
We are advised that the business has 2 members of staff.