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Top-Rated Bakewell Clean Sheet Laundry Ltd Available for Sale in Derbyshire

Bakewell, Derbyshire
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Highly rated Laundry service business for sale Photo 1
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Highly rated Laundry service business for saleHighly rated Laundry service business for saleHighly rated Laundry service business for saleHighly rated Laundry service business for saleHighly rated Laundry service business for saleHighly rated Laundry service business for saleHighly rated Laundry service business for saleHighly rated Laundry service business for saleHighly rated Laundry service business for saleHighly rated Laundry service business for sale
  • Status

    FOR SALE

  • Date Submitted:

    15/12/23

  • Advert ID

    603977

  • Reference

    B07718 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £189,950
  • Turnover: £220,450 (£4,239 Per week)
  • Net Profit: £16,842 (8% Profit margin)

Business Details

Highly rated Laundry service business for sale

Business
Please quote reference B07718

CoGoGo are delighted to welcome to the market Bakewell Clean Sheet Laundry Ltd, a highly rated laundry business in Bakewell, Derbyshire.

The business was first established by our client in 2009, building up an excellent reputation and regular client base. 

Bakewell Clean Sheet Laundry Ltd has now come to the open market due to our clients desire to retire. 

90% of the business comprises of Small Hotels, Holiday Cottage Complexes, Outdoor Centres and Individual Holiday Cottages. The other 10% are Domestic customers. The business also has contract work with county councils. 

They use high capacity machines for perfect results.

Bakewell Clean Sheet Laundry Ltd offer a range of services for businesses in the Bakewell, Hope Valley and High Peak areas. Industrial washers and driers.  They also provide a professional dry cleaning service.

Our client owns all the equipment, consisting of -

  • 6 Washing machines with a capacity of 50lbs per load
  • 5 Dryers that's able to process the laundry
  • Company Van
  • 4 Commercial ironing tables and all other sundries required within the laundry.
They also have 3 flatwork roller ironers which is currently leased with the option to own upon a final payment. One of the machines they pay £175 per month which has one year left on the lease to buy and two other machines at approximately £300 per month. One machine has two years left on the lease and the other 3 years.

Scope for further growth -

  • Take on more business - Custom has been turned away for the last 18 months. The business receives inquiries weekly and a new buyer could expand the business triple fold. 
  • Room for more equipment for expansion


Location
Bakewell Clean Sheet Laundry Ltd is located in Bakewell, Derbyshire. 



Premises
The premises consist of two mezzanine offices which aren't used. Our clients office is on the ground floor but has suggested that if moved upstairs, it will create substantial space to install more equipment to be able to process additional work.

As well as the two offices there is a platform area comprising of a commercial ironing board for a member of staff to iron clothing and air conditioned.

The premises is air conditioned, and CCTV is installed internally and externally.

Car parking for 3 vehicles and large car park for customer parking/dropping off and collecting.



Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 15 year lease (8 years remaining as of 2023). 

The rent is £3,308.25 per quarter and there are no business rates payable.



Hours
The current trading hours are ( Mondays and Fridays are all day washing, Tuesdays until 11am and Wednesdays till 11am. Thursday and Saturdays are very little washing. Scope to process more work on a full daily basis) -

Monday to Wednesday - 8:00am - 5:00pm

Thursday - 8:00am - 12:00pm

Friday - 8:00am - 5:00pm

Saturday - 8:00am - 12:00pm

Sunday - Closed 



Staff
We are advised that the business has 6 members of staff. 



Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £220,000. Further financials can be made available upon request. 



Read more

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Highly rated Laundry service business for sale - B07718 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.