Freehold Dry Cleaners, Winchcombe, Gloucestershire | | Winchcombe Gloucestershire | | Phoenix Business Transfer Agents are delighted to place onto the market this freehold dry cleaner, which has been established since 2004 by the present owner. He now wishes to sell due to ill health. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 32601
ADVERT IMPRESSIONS : 11,573 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Dry Cleaners | | SALE: | Agent Sale | FREEHOLD: | £240000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
This superb business opportunity is situated in the town of Winchcombe in the County of Gloucestershire. It is on a main arterial road through the town and enjoys much traffic flow and there is a good foot flow of pedestrians. There are many other complimentary local businesses on the road and there is ample parking locally. The area offers a great lifestyle, being in the heart of the Cotswold’s. The local population is about 6,000. There is a good generation mix and there are affluent residents as well as a local council estate.
Business Details
Phoenix Business Transfer Agents are delighted to place onto the market this freehold dry cleaner, which has been established since 2004 by the present owner. He now wishes to sell due to ill health.
This very good business opportunity provides a delivery and collection dry cleaning service and also caters for weddings, and suede and leather. It also provides a carpet cleaning service and ironing and also shoe repairs via agency.
The concern employs one full time member of staff who works 38 hours and is paid at the rate of £6 per hour. There are also 2 part timers who are paid at the same rate and work 18 and 24 hours respectively per week.
The owner markets the business in local publications.
As far as competition is concerned there is no other dry cleaner in the town.
The particular highlights of the business are:
• A very good freehold investment.
• A fully staffed business.
• Easily run operation.
• All work undertaken in house.
• There is one agency which brings in £1000 per month.
The concern has huge potential. In particular the turnover and profits can be increased by:
• More marketing is required for the business.
• More agency work needs to be encouraged.
The owner would be available for a business familiarisation period of one week for the benefit of the new owners if required
Property Details
The property is a grade II listed building which is full of history and original features. The main preparation area is 21ft x 18 ft. This very well presented building has a kitchen to the rear.
Equipment with sale
All equipment and fixtures and fittings are included in the sale price and are valued at £35,000. This includes a Renzacci 35lb club dry cleaning machine, a 1-16 Kilo Primus washing machine, 2 – 7 Kilo Primus washing machine, Renzacci Pony ironing table, Hawo wrapping machine, Pony Renzacci spotting table, steam cabinet, water extractor unit, 2 warwick gas tumble dryers, Vauxhall van for deliveries.
First Floor
On the first floor there is an office, toilet and a storeroom.
External
To the front there is a main arterial road.
To the rear there is a garden with a lock up area to the back.
Financial Details
The turnover for 2008 was £80,000 p.a with a gross profit of 95%. The wages are £25,000. The present value of the stock is £1,000 and the fixtures fittings and equipment are worth £35,000.
In 2007 the turnover for was £72,716. The potential turnover of the business within the next 2 years is forecast to reach £100,000 given the changes that are required to be made to the business.
Opening Hours
The business operates from Monday to Saturday between 9am and 5pm.
Tenure
The business is freehold.
Viewings
The owners are available for viewings at any time.
Price: £240,000 plus SAV.
Ref: 1279 | | | | | | FOR SALE | | | | | REFERENCE: | 1279 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
