Link Business
*** SOLD ***

Established laundry in the Boland

R560,000Western Cape (WC - Cape Town Region)Listing: #CPT00050


R560,000


Refer to Broker


Refer to Broker


Western Cape (WC - Cape Town Region) businesses for sale 

Western Cape (WC - Cape Town Region)

Services businesses for sale


About this business for sale

Established laundry in the Boland

This profitable laundry in a Boland town has been in operation for ten years in the same location. It is well known and the business is conveniently located to cater for walk-in customers. The previous owner bought it in 2011 and has grown it substantially since then and he in turn sold it to the current owners in April 2017. It boasts a stable well-trained workforce and long-term customers.

The staff are qualified to do all the jobs, including the manager. This allows flexibility to use them anywhere extra hands are required. A gas fired hot water system is installed for soaking, otherwise all washing is done with cold water, further saving on electricity.

The operation uses a branded pick-up with a canopy to collect laundry from the customers in adjoining Boland towns, at a fixed collection and drop-off fee.

The business is highly cyclical with summer being the peak months and winter revenue dropping 20-30%.

This Boland laundry provides a good opportunity to acquire an established business with room for growth.

Cape Town Suburbs
johan.vegter@linkbusiness.co.za
Mobile Only
+27 81 566 9879

Johan Vegter

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.