Asking Price

R 5,500,000

Annual Turnover

R 6,869,932

Monthly Cash Flow

R 176,876

Services

Services

Ref: 3414

Lucrative and Successful Laundry

Western Cape (WC - Garden Route)

This successful, well-run, and managed business was established in the late 1980s and is based in the Western Cape, South Africa. The business offers much-needed professional laundry service to businesses in the hospitality and medical industry in the area. Clients include companies like well-known large golf estates, Provincial Hospitals, various hotels, lodges, national parks, etc. A secure service level agreement (SLA) with a well-known blue-chip company has opened up new opportunities for this business. This SLA started in September 2021 to the value of R3.6m over the next three years. The seller invested in specialized hardware that now puts this business in a position to roll out this service to other businesses with staff clothing requirements. Over and above this SLA, many other service agreements are in place, putting the business in a strong position in the marketplace. The business has a high asset value (R2.5m plus), and the owner applies sound financial principles. Full financials are available for due diligence. Equipment is well maintained and in excellent condition. The business is sold free of liabilities with a strong and growing client base. This is the ideal opportunity for a husband and wife team or a family looking to invest in a sustainable, secure, and profitable business with a longstanding history, an excellent reputation, and a positive future outlook. This business is in a highly desirable location. Enjoy a quality lifestyle while working in a business that can offer a sustainable income. This is a fantastic opportunity just waiting for you! The asking price excludes VAT and stock.

X

Please enter your details and page to below your contact details. Click on the “I agree to the Confidentiality Agreement” button to digitally sign the Confidentiality Agreement. You will receive further details on how to access the confidential business profile via email.

Select Regions
Select Industries

Confidentiality Agreement

In consideration of Businesses4Sale South Africa entering discussions relating to the possible acquisition of an interest in a business on my behalf, I hereby agree as follows:
  1. I hereby give my consent for the processing (use) of my personal information by Businesses4Sale South Africa to assist me with the purchase of a business or property.
  2. Not disclosing any information, including that the business is for sale and to treat as totally confidential the identity of each business quoted to me and any details as to its operation or financial accounts.
  3. Taking all reasonable precautions to protect the confidentiality of information made available to me in the course of any negotiation and eventual transaction.
  4. That all information is received for no other purpose than the evaluation of the investment potential of the business.
  5. Not to disclose the identity or any details of the operation or financial accounts to any third party (except my accountant or legal advisor who shall agree to respect this requirement for confidentiality) unless expressly authorized in writing by the Vendor or his agent.
  6. Not to approach any Vendor of any business quoted to me by Businesses4Sale South Africa or its staff, customers, or suppliers without prior arrangement with the Seller or his agent and to refer all queries through the relevant Businesses4Sale South Africa representative/agent.
  7. I accept that all information was presented to me/us in good faith and that I cannot hold Businesses4Sale South Africa or its agents liable for any inadvertent deviations or inaccuracies.
  8. I accept that I am responsible for verifying facts and figures to satisfy myself, as to the accuracy of information during any due diligence I/we may choose to carry out.
  9. For the purpose of this agreement the “Confidential Information” means any idea, concept, data, document, drawing, schematic, business, technical, financial, operational, administrative, marketing, economic and other information and material of a proprietary nature, about or concerning or relating to the business whether in oral form or in the eye, machine or electronically readable form and includes information and material contained in any memorandum, report and/or other document prepared for either party hereto by a third party.
  10. In the event that a suitable business opportunity is found in using the services of a Businesses4Sale South Africa and in the subsequent event that I should wish to present an offer to purchase such business, then before the commencement of the “Offer to Purchase” process, and should I be called to do so, I agree to willingly submit a consumer credit report.
  11. If I decide not to proceed with the investment, I agree to immediately return to Businesses4Sale South Africa all written information supplied and retain no copies.
  12. I agree that, in the event of a breach of trust in the above, the Seller can take whatever action they deem necessary to recover any cost of damage caused by such breach.
  13. By my signature hereto, I attest that all the above information is true and correct. I request that Businesses4Sale South Africa add me to their database to facilitate the receipt of direct marketing notices of any new business opportunity listings that might meet my investment criteria.
  14. This consent is furnished on the condition that my personal information shall be used and processed under the Protection of Personal Information Act.
  15. Please note: Proof of funds will be required before release of financials and start of the due diligence.

Please wait while loading

Thank you for your valued enquiry.

We already have your details, so please expect the listing broker to contact you shortly.

To continue your search for more businesses for sale, please login to portal.businesses4sale.co.za

Thanking you,

Businesses4Sale Support Team

Thank you for your valued enquiry.

You will receive an email with a one-time link to the Businesses4Sale portal where you can view more details online about this business in your own personal data room. Please check your mailbox now!

Thanking you,

Businesses4Sale Support Team

Share on facebook
Facebook
Share on linkedin
LinkedIn
Share on whatsapp
WhatsApp
Share on twitter
Twitter
Share on email
Email
Share on print
Print

Business Support Toll-Free Number:  087 820 4600

Businesses4Sale’s Business Professionals are here to offer Free Business Support.

We’re all in this TOGETHER.  How can we help you?