Ref BM-10011
Launderette & Dry Cleaning Agency, Glasgow Southside
Launderettes & Dry Cleaners · Glasgow · Leasehold
Financial highlights
- Turnover (annual)
- £117,000
- Net profit (annual)
- £39,000
- EBITDA
- —
About this business
A steady, simple-to-run launderette with dry cleaning agency income, trading on a busy Southside parade surrounded by tenement flats — a catchment that guarantees demand.
The shop runs ten commercial washers and eight dryers (mix of ages, all serviced under contract), a service-wash counter that produces 40% of revenue at excellent margins, and an agency arrangement with a local dry cleaner adding commission income with zero processing on site.
Key highlights:
• Takings £2,250/week; runs with the owner plus two part-time staff
• Service washes and duvet cleaning are consistently oversubscribed at weekends
• New boiler (2024); machines under maintenance contract — predictable costs
• Rent just £9,600 p.a. on a lease with 7 years remaining
• Untapped: no collection/delivery service and no card-operated self-service hours yet
Priced sensibly for a quick sale as the owner takes on a full-time family commitment.
Business details
- Tenure
- Leasehold
- Lease remaining
- 7 years
- Rent (annual)
- £9,600
- Staff
- 3
- Established
- 2011
- Reason for sale
- Family commitments
- Area
- G41