Laundry

Note: Profitability is approximately 23.80%, fixed for 20 years

Description

The property is located on one of the central streets of a small town in central Germany. Only the business, equipment, and client base are for sale. The premises of the laundry are under a long-term lease. Upon purchasing the business, the lease agreement for the premises will be transferred to the buyer. The laundry premises have an area of 60 m². It is equipped with washing, drying, and ironing machines, a large conveyor for handing out finished clothes, and a packaging machine. The entire property is in good condition. The primary clients of the laundry are private individuals. The service staff consists of 3 people. After the sale, if the buyer wishes, all the staff are willing to continue working with the new owner. This property is well-suited for a buyer who has the ability to manage the business independently or with the help of their family. In this case, the profit after all expenses and before taxes could be around €25,000 - €28,000 per year. After the sale, if desired by the buyer, the current owner is ready to work together for an agreed period to transfer experience and connections. The sale of the business is planned due to the owner's age, desire to reduce workload, and gradual retirement.