Well Established and Superb Laundromat for Sale

This business has been running for over 20 years and been with the current owner for 4 years.

Located in a well known upmarket residential area in port Elizabeth, this business has certainly stood the test of time.

This laundromat is a full services laundromat and prides itself in its quality control, thus this laundromat processes all their customers laundry themselves.

Services offered by this laundromat include a same day steam ironing service, a wash and fold service, a wash iron and fold service and its own delivery service.

All Assets and machines are in sound working condition with the current owner making a lot of effort in ensuring that the business’s “tools of the trade” are kept very well maintained and in superb condition.

The client base for this laundromat is varied and covers a wide spectrum of customers ranging from, households, old age homes, restaurants, guesthouses and more.

The current owner draws a decent earning from the business and there is no reason why the new owner cannot do the same or even better.

This Laundromat is not part of any Franchise and thus the revenue generated by the business stays with the business.

In addition, this laundromat has its own water tanks and is NOT solely reliant on municipal water.

The current owner is very “hands on” and this level of commitment from the current owner has seen the business’s revenue increase by 23% in some very trying times for most SMME’s.

Well located, profitable and showing solid growth prospects this business is offering an ROI of 44% for the new owner and is perfectly positioned for somebody to take this business to the next level.

For more information, please email: grant@mnbrokers.co.za