BUSINESS DESCRIPTION
PRICE â?¬75,000 LEASEHOLD
Two in one business - a rarely available self-service launderette plus a well established property management company. The business is located on a small commercial centre in a residential area close to the well known 'Strip' on the Orihuela Costa. The service is much in demand as the area has many holiday lets and short-term rentals. The Property Management side consists of looking after approximately 40 properties all paying an annual fee. The properties are rented out from a well established company in the UK and additional revenue streams are available from 'Meet & Greet', cleaning, hire services etc.
The launderette is well laid out with 4 x coin-operated commercial dryers and 4 x coin-operated commercial washers (2 x 16lb load and 2 x 25lb loads). Other services include pressing and ironing, alterations, rug cleaning and sales of duvets and bed linen. There is a terrace which doubles up as an area for drying as well as a large storage room which contains the spare linen for the property rental changeovers.
The Property Management is a separate but complementary business. A well established UK company organises the rentals of 40 properties and the clients all pay an annual fee. Income is derived from the annual fee plus services such as 'Meet & Greet' and Call-Out charges for maintenance and repairs.