A New and Growing laundry for sale.

Business Description:

SORRY FOLKS, THIS ONE IS NOW SOLD.

If you are looking to buy a business or sell your business, then please contact: grant@mnbrokers.co.za

Financial Information

Current Annual Turnover:

R 306 184 (Sept 2023 to Sept 2024)

Net Profit:

R73 460 (Sept 2023 to Sept 2024)

ROI%

+-43%

Assets / Office Equipment:

+-R60 000 (Included in the asking price).

Owner Drawings:

TBC

Stock on Hand:

Not included in the asking price.

Property

Leased.

Monthly Rental:

+-R14 000 per month (Including Lights and Water)

Vat registered:

No

Franchise:

Not part of any franchise group

MORE DETAILED FINANCIAL INFORMATION IS AVAILABLE BUT WILL ONLY BE PROVIDED TO SERIOUS QUALIFIED BUYERS AT A TABLE TOP MEETING AND ON COMPLETION OF A NON DISCLOSURE AGREEMENT

BuSiness Information

Industry

Laundry

Asking Price

R170 000

PROVINCE

Eastern Cape

CITY

Port Elizabeth

Premises Size:

42m2

P

Hours of work:

Mon to Friday: 07h30 to 17h30                                Sat:                   08h00 to 14h00                                  Sun:                   Closed

  

P

Buyer Profile:

This business will suit a husband-and-wife team / family or another similar type of business that is looking to expand their current business footprint or a person / entrepreneur who is looking to have their own laundry

Full training and support will be provided by the seller to the new owner.

P

Growth Potential:

This business has an already established client base, thus expansion possibilities include the expanding of the current client base, and the opening of additional branches in other areas.

P

Reason for selling:

Emigration.

Disclaimer: All the information contained within this prospectus is supplied in good faith and is based on information supplied by the Seller; MN Business Brokers makes no representation as to its accuracy and in no way will be held liable for any eventualities arising from the use of the information provided.

Contact Us

call

Grant – 073 556 0065

email

grant@mnbrokers.co.za

visit

Office GF001 | Kings Market Office Suite | Cnr Buffelsfontein Road & Titian Road | Walmer Heights | Port Elizabeth | 6070