Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Lucrative And Successful Laundry In Garden Route For Sale

Garden Route, Western Cape, South Africa
Asking Price:
R5,500,000
Sales Revenue:
R6,869,932
Cash Flow:
R2,122,512

This successful, well-run, and managed business was established in the late 1980s and is based in the Western Cape, South Africa.

The business offers much-needed professional laundry service to businesses in the hospitality and medical industry in the area. Clients include companies like well-known large golf estates, Provincial Hospitals, various hotels, lodges, national parks, etc.

A secure service level agreement (SLA) with a well-known blue-chip company has opened up new opportunities for this business. This SLA started in September 2021 to the value of R3.6m over the next three years. The seller invested in specialized hardware that now puts this business in a position to roll out this service to other businesses with staff clothing requirements. Over and above this SLA, many other service agreements are in place, putting the business in a strong position in the marketplace.

The business has a high asset value (R2.5m plus), and the owner applies sound financial principles. Full financials are available for due diligence. Equipment is well maintained and in excellent condition. The business is sold free of liabilities with a strong and growing client base.

This is the ideal opportunity for a husband and wife team or a family looking to invest in a sustainable, secure, and profitable business with a longstanding history, an excellent reputation, and a positive future outlook.

This business is in a highly desirable location. Enjoy a quality lifestyle while working in a business that can offer a sustainable income. This is a fantastic opportunity just waiting for you!

The asking price excludes VAT and stock.

Business Operation

Reasons for selling:

The seller is Immigrating to the UK.

Trading hours:

Mon to Fri: 08:00 - 17:00 (office)
Shifts: 9 am to 5 pm
Second shift 7 pm - 6 pm (when the workload requires a second shift)
The laundry operates 7 days per week.

Employees:
45
Years established:
1980

Other Information

Support & training:

The seller will stay on for 3 months to ensure smooth handover and transition, including an introduction to regular and repeat clients and SLA clients.

Contact Businesses4Sale South Africa

  1. This email address is already registered. Log in to continue.
      1. Postcode not found. Please try again

    1. or
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to Businesses4Sale South Africa. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business