A Profitable, Exciting and Well Positioned Niche Residential laundry for sale.
Business Description:
SORRY FOLKS, THIS LITTLE GEM OF A BUSINESS HAS NOW BEEN 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:
R555 651 (Feb 2024)
Net Profit:
R 104 143 (Feb 2024)
ROI%
+-26%
Assets / Office Equipment:
+-R80 000 (Included in the asking price).
Owner Drawings:
TBC
Stock on Hand:
Included in the asking price.
Property
Leased.
Monthly Rental:
R 15 007 per month
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
Residential laundry
Asking Price
R390 000
PROVINCE
Eastern Cape
CITY
Port Elizabeth
Premises Size:
42m2
Hours of work:
Mon to Friday: 07h00 to 17h30 Sat: 08h00 to 14h0 Sun: Closed
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 become the master of their own destiny.
Full training and support will be provided by the seller to the new owner.
Growth Potential:
This business has an already established client base, thus expansion possibilities include the expanding of the current client base, opening of additional branches in other areas, and a full delivery service + collection service.
Reason for selling:
Family commitments.
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
grant@mnbrokers.co.za
visit
Office GF001 | Kings Market Office Suite | Cnr Buffelsfontein Road & Titian Road | Walmer Heights | Port Elizabeth | 6070