Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Established Laundromat In Morningside For Sale

Morningside, KwaZulu - Natal, South Africa
Asking Price:
R250,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

An exceptional opportunity presents itself to acquire a busy laundromat located in the prestigious Morningside area. Boasting a prime location with many residential apartments and properties in the area, this business stands out for its impeccable cleanliness, efficient operations, and high-quality equipment.

Key Features:

Location: Situated in a prime spot in a high density residential area.
Franchised: Currently operating under a reputable franchise, offering the advantage of established branding and support. However, the business is also open for rebranding, providing flexibility to potential buyers.
Condition: All machines are in excellent condition, under warranty meticulously maintained, and operate like new, ensuring optimal performance and customer satisfaction.
Well-Run Operations: The business is efficiently managed, with streamlined processes in place for seamless day-to-day operations.
Expansion Potential: With the option for rebranding, there exists ample opportunity to further enhance the business and potentially expand its offerings.
Reason for Sale:
The current owner is divesting due to their involvement in other business ventures, presenting a rare chance for a new owner to acquire a turnkey operation with immense growth potential.

Financial Highlights:
Financial details and performance metrics will be disclosed to serious, pre-qualified buyers upon signing a confidentiality agreement.

Opportunities for Growth:

Implementing targeted marketing strategies to attract a wider customer base.
Introducing additional services such as dry cleaning or alterations to increase revenue streams.
Exploring partnerships with local businesses or residential complexes for bulk services.
Leveraging the prime location for branding and promotional activities to enhance visibility and customer engagement.
Sale Details:

Asking Price: Available upon request to qualified buyers.
Lease: Favorable lease terms in place, with options for renewal.
Transition Support: The current owner is willing to provide transitional support and training to ensure a smooth handover.
Franchise Transfer: The sale includes the option to continue operating under the existing franchise agreement or rebranding as desired by the new owner.
Contact Information:
Interested parties are invited to inquire for further details and to schedule a confidential discussion..

Don't miss out on this exceptional opportunity to acquire a flourishing laundromat in one of Morningside’s most sought-after locations. Enquire today!

Property Information

Real Estate:

Lease

Lease Terms:

3 year lease

Location:

Upper Highway

Premises Details:

Leased in mall

Business Operation

Trading hours:

7 days a week

Employees:
2
Years established:
1

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

One month handover

Relocatable:
This business can be relocated.