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Laundry Business In Ammochostos, Cyprus For Sale

Famagusta, Famagusta District, Cyprus
Asking Price:
On request
Sales Revenue:
€1M - €5M
Cash Flow:
Available on request

Profitable, well-established commercial laundry business since 1966 with 30 employees. We know and understand the hotel business, the challenges it faces and the standards that it has to reach. In short, we make the business of laundry for hotels as efficient, trouble-free and reliable as it’s possible to make it.

Here is a brief overview of the business:
• A successful family business since 1966 with ownership of the land and buildings
• Fully licensed buildings that were renovated and expanded in 2015.
• One of the 2 biggest laundry businesses in Cyprus, covering some of the biggest hotel in Ayia Napa, Limassol and , Larnaca area.
• It consists of 12078sqm of land, 550sqm main premises, and 452sqm of extensions and utility areas.
• Machineries and equipment are of the latest technology.
• Total value of the assets is calculated at 4.270.000EUR (Land, Premises, Machinery, and Equipment) without calculating goodwill etc.
• The business has an annual turnover of 1.700.000EUR
• The company will be transferred without any mortgages or encumbrances etc.

All the above, profits, and any other information can be presented to an accountant of your choice, so you can have a better picture.

I’d love to schedule a meeting with you to discuss this in much more detail and answer all your questions and see where there is a collaborative opportunity.

Look forward to hearing back from you soon in order to take advantage of this unique investment opportunity.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Real Property Included

Location:

Famagusta

Business Operation

Trading hours:

1 shift operation

Employees:
30
Years established:
1966

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