Freehold or Leasehold Prominently Sited Dry Cleaners with Alteration Service For Sale in the UK- Business 4 Sale .co.uk

Business Summary

HISTORY

• Established by vendor with considerable experience in the industry five years ago
• Significant investment in refurbishing the shop and installing quality dry cleaning equipment
• Customer base developed considerably
• Freehold acquired

REASON FOR SALE

• Alternative business priorities

SERVICES

• Full dry cleaning service offered
• Specialises in more difficult and delicate garments
• Laundry
• Repairs and alterations undertaken in house
• Collections and deliveries undertaken

CUSTOMERS

• High footfall from densely populated urban area
• Good mix of private and business customers
• Excellent reputation within the area
• Reputation for high quality work on wedding and bridesmaid dresses

SUPPLIERS

• Consumables purchased from various trade sources

FINANCIALS

• Weekly takings circa £2,000
• Gross profit margin 90%
• Excellent level of retained net profit

STRENGTHS

• Now very well established
• Equipped to a very high standard with inviting customer area
• Excellent busy location
• Limited competition locally
• No immediate investment beyond consideration price required
• Available freehold or leasehold

The Leasehold Price of the business is £125,000 +SAV

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.

Property Information

	Property:	Freehold

	Lease Terms:	• Available freehold or leasehold with terms to be negotiated • The vendor owns a separate large 3 bedroom flat above the shop (separate access) which would be available by separate negotiation

	Living Accommodation:	No

	Details of Accommodation:	PREMISES AND EQUIPMENT • A very large lock up retail unit • Electrically operated shutters • Very well presented customer area with counter to 3 sides incorporating sewing machine for tailor • Computerised till • Large dry cleaning and wash area to rear with office space • Kitchen / WC • Boiler room • Parking to rear • BOWE P540 dry cleaning machine • IPSO HW94A commercial washing machine • Dryer • 2 Presses • 52 Plate Ford Transit Connect van

	Location:	• Highly visible trading location on main High Street • Sited in large and affluent London suburb inside the M25 ring • Street parking immediately outside the premises • Very busy site with high footfall on busiest side of the High Street

Growth Potential

• Potential to introduce fitting room for alterations service
• Business development activity has been very limited
• Focus on more commercial contracts
• Opening further shops within the area under a respected brand name

Reason for Selling

• Alternative business priorities

Other Details

	Is this a home-based business?	No
	Can this business be relocated?	No
	Is this business part of a franchise?	No

Summary of Business Hours

• Monday to Saturday 8am to 6.30pm (4pm on Wednesdays)
• Sunday closed

Summary of Staffing

• Vendor
• One full time tailor
• One part time Saturday staff member

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