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Popular Launderette and Dry Cleaning Business in West Yorkshire For Sale

Mytholmroyd, West Yorkshire

£67,500 +SAV

Ref: 2368

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Description

Hilton Smythe is delighted to welcome to the market this well-established and popular launderette and dry cleaning business, ideally located within Mytholmroyd, West Yorkshire. The business was established approximately 40 years ago and has been in our client`s careful ownership since 2005. Only now is the business being offered to the market due to our client`s desire for a well-deserved retirement. The business operates 6 days per week and generates a turnover in the region of £70,000 per annum, with a gross profit of approximately 93%. Our client offers laundrette, dry cleaning and ironing services, along with collection, delivery and public services. The business has an excellent reputation within the area for the high quality services offered, which has resulted in a very loyal client base, with a vast amount of repeat trade and word of mouth referrals. The property boasts a spacious laundrette and dry cleaning area, which is well-equipped to suit the trade. The business has over £25,000 worth of equipment, which is included in the sale. We feel the turnover could be increased by extending the opening hours of the business, perhaps by opening on Sunday. A new owner could also hold a small marketing campaign to highlight the business and the high quality services offered. This is an excellent opportunity for a new owner with drive and enthusiasm to take this already thriving and busy business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

Tenure

Leasehold

We are advised Leasehold: New lease to be negotiated. Rent: To be advised

Hours

The business is open: Monday - Friday: 9.00am - 5.30pm Saturday: 9.00am - 4.00pm Sunday: Closed

Staff

The business is owner run and managed with staff members.

Financial Profile

The business generates a turnover in the region of £70,000 per annum, with a gross profit of approximately 93%.

Location

The Village Cleaners occupies ground floor, lock-up premises, ideally located in the town of Mytholmroyd, West Yorkshire. The business is located in the centre of the town and benefits from a vast amount of footfall and passing trade. The business further benefits from on-street parking to the front of the premises. The property is located within a densely populated residential area, from which the business derives much of its trade. Mytholmroyd is a town within the Metropolitan Borough of Calderdale in West Yorkshire. The town has a residential population of approximately 4,600. The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. The nearest railway station is less than 5 minutes` walk away. The area is also well served by the A-roads, with the A646 within close proximity to the business, which links to the vast A-road and motorway networks. The town lies approximately 1½ miles east of Hebden Bridge and 6½ miles west of Halifax.

Premises

Stone built ground floor premises, in a prominent trading position, briefly comprising: Large launderette with public area.Serve over counter with dry cleaning area.Ironing area.Large stock room.Small stock room. Equipment included: 7 x Industrial tumble dryers.3 x Industrial washing machines.3 x Smaller washing machine.Donin dry cleaning machine.Spin dryer.2 x Ironing boards.Racking and shelving to suit trade.External with: Well-signed double fronted shop.Private car park to side.

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