Freehold Self Service Laundrette With Living Accommodation For Sale Bolton

Sovereign Business Transfer is delighted to market this fantastic business opportunity. A well established launderette, with spacious self-contained living accommodation located on Lee Lane in Horwich, Bolton.

The business was established over 25 years ago and has only been placed on the market due to our client’s wish to concentrate on their other business interests.

This deceptively spacious end terrace property positioned on Lee Lane situated close to the town centre and is one of the main roads through this popular shopping town, which lies approximately 6 miles from Bolton and 5 miles from Chorley. The self-contained first floor accommodation is currently rented out at £425.00 pcm but will likely increase to £495.00PCM from 1^st October 2024.

Horwich is a popular area with good schools and housing. The town boasts easy access with junction 6 of the M61 motorway approximately 3 miles away. On the outskirts of the town lies Middlebrook Retail Park and the Reebok Football Stadium.

Horwich Launderette is situated on a thriving parade with ample free customer parking with a variety of independent retail outlets and subsequently benefits from regular repeat local trade. The vendor has also agreed to a training handover with the prospective buyer to ensure a smooth takeover transition.

The business boasts an impressive inventory, briefly comprising of the following; 2 x spin dryers, 3 x Blackstone Star dryers, 4 x Loadstar, 1 x ADC dry cleaning machines, 3 x IPSO 25lbs, 2 x IPSO 40lbs, 6 x IPSO 16lbs. We are advised by our client that all machinery meets the latest health and safety requirements.

Whilst a loyal customer base has been developed there is considerable scope to extend the business via local advertising and account work, if desired. There is potential to obtain contracts with local businesses to increase turnover or potential to include ironing as a service that could be provided by the laundrette.

In summary, we believe Horwich Launderette to be a first rate example that should be given serious consideration by any interested parties searching for a business of this type. While the current levels of income demonstrate the success of the business, there is still fantastic scope to increase the turnover and profits with the right owner at the helm. Viewing is therefore highly recommended.

• Annual Turnover Circa £50,000.00 (Gross)
• Self Contained First Floor Spacious 1/2 Living Accommodation
• A Niche Concern With Very Little Competition
• Ample Free Customer Parking
• Ideal Venture ‘Hands On’ Owner Operated
• Established 25 Years