Commercial Laundry Business

Overview

• Location
  Isle of Man
• Sector
  Services
• Relocatable
  Yes
• Asking price
  Price on request

Description

This is a key infrastructure business which has traded positively and had annual growth for many years, it has many long term clients.

The recent pandemic has very much shown the importance of this type of business in keeping the Island running with it being designated an “essential service provider” It has a wide range of Government and commercial businesses on its books.

A considerable amount of specialist equipment comes as part of the sale with the option for operations to either remain at its existing site or to move to larger premises in order to further scale up operations.

Key infrastructure businesses like this don’t come up that often and this business is the perfect acquisition opportunity after such a volatile trading period for most Island retail businesses. This well-established business has been running for decades and has a wide range of both domestic and commercial customers within a variety of different sectors on the Isle of Man. These range from the day to day supporting of hotels and hospitality businesses, the cleaning of hygiene sensitive uniforms for food producers, and supporting other key infrastructure clients on the Island.

This is a business that is not only able to show many years of successful growth on its books but which could also be scaled up considerably if relocated from its existing footprint.

WHAT IS INCLUDED?

·         Decades of goodwill and strong customer loyalty

·         Comprehensive large-scale wet laundry equipment

·         Access to a very mature customer book

·         Expansion and relocation potential.                

FURTHER INFORMATION

If you are prepared to sign a Non-Disclosure Agreement you will receive:

•             A copy of the last three years accounts

•             A detailed list of all inventory & equipment going with the sale

•             A copy of the proposed new lease & any other information you may require

Should you require any further information please don’t hesitate to contact us as below: