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Busy Laundrette With Accommodation South-West Mallorca For Sale

Mallorca, Spain
Asking Price:
€195,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
€100K - €250K
Net Profit:
€100K - €250K

At Greenpoint Commercial, we are delighted to bring to the market this established and successful laundrette, ideally located in a highly popular resort in the South West of Mallorca.

This is a rare opportunity to acquire an established, fully equipped laundry business together with a 2-bedroom apartment situated directly above the premises, offering an attractive combination of business, property and lifestyle.

The laundrette has been successfully operated by the same husband-and-wife team and is supported by two reliable employees. The business has built an excellent reputation and established customer base, benefiting from regular local trade as well as strong demand from the surrounding hospitality and tourism sector.

A significant part of the operation is its established collection and delivery service, with the business collecting and returning the majority of its laundry. This convenient service has helped establish strong customer relationships and provides an excellent foundation for continued trading.

The laundrette is fully equipped with two industrial dryers, one large industrial washing machine and three additional smaller commercial washing machines, providing the capacity to handle a substantial volume of laundry efficiently. The premises are operational and ready for a new owner to take over and continue trading immediately.

There is also scope to further develop the collection and delivery service and expand the existing customer base, particularly by targeting additional hotels, holiday rentals, restaurants, bars and other commercial clients in the surrounding area.

Adding considerable value to the opportunity is the 2-bedroom apartment located directly above the laundrette. This provides the new owner with the option to live conveniently above the business, use the property for family or staff accommodation, or explore its potential as an additional income-producing asset, subject to the relevant regulations.

The total monthly rent for both the laundrette premises and the 2-bedroom apartment is just €2,500, representing excellent value in the current Mallorca market. The inclusion of residential accommodation within the same rental package makes the overall cost of occupancy particularly attractive for an owner-operator.

The combination of an established and operational business, professional laundry equipment, an established collection and delivery service, residential accommodation and highly competitive rental terms makes this an excellent lifestyle and investment opportunity.

The current owners have created a well-established business that can be taken over and operated immediately, while offering a new owner considerable potential to further develop and grow the operation.

Property Information

Real Estate:

Lease

Lease Terms:

10 year lease (renewable)

Leasehold Rent:

€30,000 per annum

Location:

Santa Ponsa

Premises Details:

120 sqm Laundrette with 2 bed apartment with Terrace and sea views

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Yes!

Employees:
4
Years established:
8

Other Information

Support & training:

A full handover will be provided

Furniture / Fixtures value:
€70,000 - included in the asking price
Inventory / Stock value:
€2,000 - included in the asking price