Hospitality for sale

Leasehold Laundry & Linen Hire Business Located In The South West

0121 721 6440

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Hospitality

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0 bath

Property description & features

Laundry & Linen Hire Business
Affluent Area Within The South West
Highly Profitable

Veritas Business Sales are delighted to offer for sale this established Laundry & Linen Hire business which is located in the South West of England. The business has been established for over 13 years and has been in the careful hands of the current owners for the past 5 years and is now being offered for sale so that they can enjoy a well deserved retirement. Since ownership there has been continual investment in state of the art plant & machinery along with fixtures & fittings which are bought and paid and are included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Some items of equipment remain on lease. The business is owner operated and employs the help of 7 full time members of staff and a number of seasonal staff members depending of the time of year. The annual turnover is circa £500,000 net of vat producing an extremely high net profit. The business services a variety of commercial clients and property owners who provide holiday homes to the many visiting tourists throughout the year. They use eco lab environmentally friendly cleaning products and only the best Egyptian cotton linen.
We believe that there is further huge potential to increase trade should you wish by expanding further afield within the local area. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists. This is a superb opportunity to purchase an established concern which is a great base to build upon and as such early viewing is highly recommended as this gem is not to be missed.

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Veritas Business Sales - Solihull

Central Boulevard, Blythe Valley Business Park Solihull, West Midlands B90 8AG

0121 721 6440

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What is your home worth?

Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

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