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Successful Dry Cleaners In Busy High Street Location

Undisclosed Kent
KENT SUCCESSFUL DRY CLEANERS IN BUSY HIGH STREET LOCATION Located in busy surburban area with high footfall levels Fully equipped - no immediate investment required A/T: £60,000 5 Agencies in place in places Excellent Potential To expand L/H: £45,000 +SAV REF: 9817DA
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 54657
ADVERT IMPRESSIONS : 14,505 TIME(S)

 
BUSINESS SECTOR: Services
TRADE TYPE: Dry Cleaners
SALE: Agent Sale

LEASEHOLD:

£45000
 

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BUSINESS DETAILS:

LOCATION

• Prominently positioned lock up retail unit in High Street
• Busy suburban location in Kent with large population
• Ample parking within the town
• High levels of footfall

HISTORY

• Established by vendor 15 years ago in a former clothes shop
• Equipped to a high standard with all requisite equipment installed with set up cost of £55,000
• Ongoing maintenance programme undertaken
• Customer base developed slowly now with high repeat rate
• Reputation for pricing slightly at a lower level than competitors in town

REASON FOR SALE

• Retirement

PRODUCTS

• Small volume of retail sales of clothing and repair accessories undertaken

SERVICES

• Full range of dry cleaning work
• Shoe repair agency
• Repairs and alterations (sub contracted)
• Collections and deliveries where required

CUSTOMERS

• Mixed demographic locally
• Mainly walk in trade
• Small amount of contract work undertaken until recently
• Loyal, repeat and price conscious
• 5 agency outlets within a one mile radius

SUPPLIERS

• Consumables sourced from a range of trade suppliers

STAFF

• Vendor (full time)
• 2 part time assistants (Mornings and afternoons)
• 1 casual driver
• 3 seamstresses (casual)

TRADING HOURS

• Weekdays 8am to 6pm
• Sunday closed

FINANCIALS

• Annual turnover approximately £60,000
• Net profit approximately £27,000 per annum
• Stock holding less than £1,000


PREMISES

• A traditional lock up retail unit
• Retail area to front
• Customer counter
• Processing area to rear
• Kitchen
• WC
• Yard to rear allowing access for trade deliveries

EQUIPMENT

• Renzacci dry cleaning machine
• Renzacci steam press
• Pre spotting table
• Finishing Press
• Amazon poly bagger
• 2 sewing machines
• Washing machine
• Spin dryer
• Racking and shelving appropriate to trade



• 3 phase electricity
• Quantity of machine spares
• Vendor is qualified to service and repair machines and would be happy to continue for a small consideration

STRENGTHS

• Established shop
• Loyal customer base
• Fully equipped with no immediate investment required beyond the consideration price
• Limited competition locally
• Capable and reliable staffing complement
• Busy location with high footfall

SCOPE

• Business development activity extremely limited at present
• Cost savings possible
• Opportunities to build up trade significantly especially on the commercial or contract side
• Expansion of agency network
• Targeting offices locally for additional





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.
   
  FOR SALE
   

REFERENCE:

9817DA / RightBiz
   
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ENQUIRIES:

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