| (REF: 9409LE) Specialist Dry Cleaners Tailors Dress Hire For Sale |
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| Seller Reference: |
9409LE |
| B4S Reference: |
15057 |
| Asking Price: |
£50,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£62,400 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Undisclosed, Leicestershire, United Kingdom |
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Advent Business Sales is delighted to offer this trading business. Although the going concern has only been trading for the past 12 months, a loyal customer base has already been gathered and revenues are continually increasing, especially as many local boutiques and bridal businesses refer customers.The current owner is reluctantly selling due to the launch and immense success of an unrelated business venture.The retail based business derived its income from three avenues, consisting of:1. Specialist professional dry cleaning and laundry2. Suit and dress hire3. Tailor repairs and alterationsAll revenue is derived from the retailing public.The specialist dry cleaning is outsourced to a very reliable, efficient and professional company that has installed a fully trackable CRM system.The tailor repairs and alterations are all conducted on site and prove very popular.The suit and dress hire side has two large fitting rooms. The following are all accommodated for:• Morning / dinner suit packages• Highland wear upgrade• Asian wear• 2 and 3 piece suits• Waist coat upgrades• Shirts to hire• A range of individual items• Accessories• Finishing touches• Gifts to keep• Ladies dress hire• Shrugs• Wraps• Clutch bagsThe asking price includes the following:• 1 cutting table• 1 lock stitch machine• 1 blind hem machine• 1 four thread overlocking machine• All zips and threads• All fixtures and fittings• Two large fitting roomsREF: 9409LE
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Property: |
Leasehold |
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Lease Terms: |
TENURE: LeaseholdOriginal lease: 6 yearsRemaining lease: 5 yearsReview every: 3 years with a 2 year break clause available to tenant only of requiredRent: £12,000We are advised that the annual business rates are currently: £1,000 |
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Living Accommodation: |
No |
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Location: |
Our client is located in probably one of the most desirable, affluent and prestigious locations in the county and one of the most sought after locations in the Midlands.The business is situated on an extremely busy road. The immediate area is surrounded by quality retail businesses which service the large residential dwellings within the surrounding vicinities.One cannot emphasise the desirability, popularity and attractiveness of the trading location and its surrounding vicinity. |
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The business offers tremendous scope for additional services as well as the retail of quality suits, dresses, wedding dresses and accessories. At present, the business is almost run entirely on management, which produces a net profit in the region of £20,000 to £25,000 per annum. If a dry cleaner or a tailor purchases the going concern, profits would increase substantially. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Mon, Fri & Sat: 9am - 5pmTues, Wed, Thurs: 9am - 6pm |
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The owner attends the premises for approximately 2 hours per day. A full time staff member is employed and is paid and hourly rate of £7.00. |
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