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North City Established Successful Launderette Business For Sale

North City Established Launderette/Dry Cleaning Bu, Dublin, Ireland
Asking Price:
€99,500 Furniture / Fixtures and Inventory / Stock included
Turnover:
€250,000
Net Profit:
Not applicable

LAUNDERETTE & DRY CLEANIG BUSINESS FOR SALE -- Offers in the Region €99,000 EURO KEY MONEY FOR EQUIPMENT AND ESTABLISHED BUSINESS With Loyal Customer Base.

BACKGROUND: This in a unique opportunity to acquire a Wonderful Thriving North City Business. This Business is a self sufficient Unit with an Amazing Daily Footfall. This long established Family Run Launderette & Dry Cleaning Business has stood the test of time (Due to their attention to detail and great honest customer service which had seen the business thrive for over the last 20 years) Indeed it has outlasting many similar units within the area. The attitude is still as positive as day one hence this would be a super stand-alone business or would look great as an add-on to any similar established Launderette Portfolio.

LOCATION: The unit nestled on the North-side Fringe of the City located in Bustling Residential and Business Suburbia which has a catchment area of over 80,000 Homes, The Unit enjoys the immense benefits of Close Proximity to Anchor Food Chains and Daily Essential Services such as Butchers, Coffee Shops, Medical etc., Serving the local area and City Commuters. Each unit would easily have a daily footfall of over 4,000 visitors.

FINANCIAL INFORMATION

(A) Terms of lease
(B) Lease Duration Units have over 7 Years on Long Leases (Renewable)
(C) Rent: €673Per Week
(D) Key Money: €99,000 (Includes, All Appliances, Fittings, fixtures decor & Sundries)
(E) Rates: Less than €75 per Week
(F) STAFF COMPLIMENT The owner is partially Hands-on but larger interests elsewhere (hence the sale of this Wonderful Business). Full time staff (4) and Part- time (2)

POTENTIAL This is a Wonderful Thriving and Perfectly Satisfactory Business in it own right, however it would be very capable of many side-line in house businesses such as Alterations/Keys/and other service repair facilities which would enhance the business profile and of course raise that all important Revenue Figure. A fresh look at local available contracts would achieve higher yields. There is little or no other competition within the catchment area. This business has stood the test of time (even thriving through COVID) The current owner has other interests and now this Business in super condition and waiting to be taken to the next level.

DéCOR AND STYLE Certainly Smart, Inviting and Functional - It is pretty much what would expect within a Well Oiled/Well Maintained Organised Unit. Each Station working to its own Orders Everything and Everyone in their Neat place. No chaos in these units. It could do with a new coat of paint and some uplifting in line with new owner's personal style.

ASSETS Full Large List of well Serviced/Maintained Machinery Available Washers/Dryers/Industrial Press/Spotter Station/Super Solvent Dry Cleaner/Racking and Point of Sales Systems. (Truly a Turn-Key Business)

OPENING HOURS Normal Shop Trading Hours (Unit Could Easily Entertain Evening Opening For Contract Work - Own Private Access to The Unit)

VIEWING ARRANGEMENTS Buyers who have completed the confidentiality are welcome to visit the business as a paying customer, but it cannot be stressed any further that you are not to engage with staff other than the nature of normal customer questions. Please refrain from asking any probing questions, we have all the answers to all your questions. Formal viewings will be arranged through us as sole agents.

CONFIDENTIALITY The sale is of an utmost confidential nature, and all potential buyers are requested NOT to simply arrive at the premises and talk to staff/seller direct. This agent is your contact person throughout all negotiations. Please respect the sellers herein.

Property Information

Real Estate:

Lease

Lease Terms:

6 Years remaining on long Renewable Lease

Leasehold Rent:

€35,000 per annum

Location:

North City.. Bustling Hub with Heavy Daily Footfall

Premises Details:

Fully Equipped Dry Cleaners/Launderette 90m2 with Up to date Serviced Machinery

Business Operation

Expansion Potential:

Unlimited

Competition / Market:

No Competition for over 10Km is this hughely populated afluent area

Reasons for selling:

Vendor has other Interests

Trading hours:

Shop Hours - But unlimited

Employees:
6/8
Years established:
20

Other Information

Furniture / Fixtures value:
€40,000 - included in the asking price
Inventory / Stock value:
€2,000 - included in the asking price

Contact DEAL CHASERS BUSINESS BROKERS

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