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(REF: M2737)  Old Established Dry Cleaners
 
Seller Reference: M2737
B4S Reference: 32120
Asking Price: £24,500
Net Profit: Undisclosed
Sales Revenue: £41,600
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: North London, London, United Kingdom
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Similar business types:
Dry Cleaners For Sale in North London
  Business Summary   
  Nationwide are pleased to offer to the market : SINGLE FRONTED DRY CLEANERS. Front area with carpet tiled floor, hanging rails, counter, electronic cash register.

Work area with part tiled floor. Union L728E dry cleaning machine (new 2001), Tubeless boiler (new 2001), Hoffman press, vacuum ironing table, 30lb washing machine, sewing machine etc.

Staff w.c.

In our opinion the business requires some redecoration and refurbishment.

WE ARE INFORMED the turnover averages £800 p.w. in our opinion offering tremendous potential for further increase in the right hands, especially with possibly introducing collection and delivery. The business is situated in an expanding area and within approx. 5 minutes walk of Arsenal Football Ground where we understand approx. 1,000 flats are in the course of construction providing in the future many more additional persons residing in the area.

We understand the premises are held on a secure renewable lease, the present lease having approximately 16 years unexpired at a rental of £8,500 p.a. for the next 1 year, with rent review at that time and thereaftef every 5 years.

Uniform Business Rates: £1,700 p.a. approx. (after small business relief)

THIS DRY CLEANERS HAS BEEN IN THE SAME HANDS FOR THE PAST 10 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £24,500 plus STOCK AT VALUATION.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Small yard at rear (having potential for parking a small car)
 
  Location: Situated in a parade, main road trading position, densely populated residential area, LONDON, N
  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 & Tuesday - 8 a.m. - 6 p.m.
Wednesday - 8 a.m. - 2 p.m.
Thursday & Friday - 8 a.m. - 6 p.m.
Saturday - 8 a.m. - 5 p.m.
NO SUNDAY TRADING
  Summary of Staffing   
  The business is at present operated by the vendor with the assistance of his wife 3/4 days per week. No staff are employed.





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