Here is an excellent opportunity to acquire an extremely profitable and well established London based commercial and retail laundry and dry cleaning company with an EBITDA of £207,000. The company provides a collection and delivery service throughout London.
The company has been operating for over fifty years and has loyal and regular customers.
The revenue streams are split more or less equally between the commercial and walk in side of the business.
The current owner is more or less completely hands off, and the company is almost completely management run.
The machinery is of the highest quality, and is efficient and modern. The staff are reliable and dependable.
The business has huge potential, as there is virtually no online presence or marketing carried out.
The reason for the sale is due to the owner having relocated to retire and to pursue other interests.
The business is an excellent standalone, but would also make a terrific bolt on to an existing laundry business.
The basis of the sale is on a cash free/debt free basis.