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New-ish Laundromat In Cbd, Strong Franchise Backing In Western Cape For Sale

Cape Town, Western Cape, South Africa
Asking Price:
R290,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R100K - R500K
Cash Flow:
Under R100K

Benefit from the working capital investment that has been made in getting this 1 year old Laundromat to break even, when you get to buy it for asset value.

The owner wishes to focus on his own brand-growing chain of Laundromats; meaning this is a great opportunity for a new entrant to this cash-generative industry in the heart of town, with the backing of a strong franchise. Already has a number of hotel and AirBnB customers, which is the target market.

Property Information

Real Estate:

Lease

Lease Terms:

2 years left on lease, renewable

Leasehold Rent:

R204,000 per annum

Location:

Central CBD location, close to hotels and V&A Waterfront

Premises Details:

Fully kitted out, with Franchise branding etc.

Business Operation

Expansion Potential:

Year 2 and 3 will see the most growth in this business, so buy now to benefit from this

Competition / Market:

No branded / Franchise competition in immediate vicinity, enabling rapid customer growth

Reasons for selling:

Owner wishes to focus on own-brand Laundromats

Trading hours:

Mon-Sat Business Working Hours

Employees:
2
Years established:
1

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Flexible - lots of support

Other Information

Support & training:

Strong Franchise Backing

Furniture / Fixtures value:
R265,000 - included in the asking price
Inventory / Stock value:
R5,000 - included in the asking price