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Related Ads > West Midlands Business for Sale > Dry Cleaners to Rent > Dry Cleaners in West Midlands for Sale 

Profitable Industrial Laundry & Dry Cleaners

Undisclosed West Midlands
Situated on a small modern Industrial Estate, WEST MIDLANDS

ADVERT NUMBER : 60775
ADVERT IMPRESSIONS : 14,513 TIME(S)

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

LEASEHOLD:

£325000
 

BUSINESS DETAILS:

Features : Front tarmaced area providing parking for 4/5 cars plus rear parking area for 5/6 cars.

INDUSTRIAL UNIT in the region of 4,000 sq. ft. with concrete floor.

DRY CLEANING SECTION fully equipped including 15 kilos Fibrematic dry cleaning machine, 8 kilos Donnic dry cleaning machine, 2 Hoffman presses.

LAUNDRY SECTION 3 ironing stations, large dry/ironer for sheets and blankets, 2 roller ironers, new Girbau 100lb washing machine (we understand installed September, 2010 at a cost of approx. £16,000), 4-50lb Ipso front loading washing machines, 2-40lb Ipson front loading washing machines, 2-30lb Ipso front loading washing machines, 2-25lb Ipso front loading washing machines, 5 gas tumble dryers.

Office
Small staff restroom
Ladies' & gentlemen's cloakrooms each with w.c. and wash hand basin

The following 4 vehicles are on a lease purchase agreement to be taken over at a cost we understand of £1,357 per month inclusive of VAT:

1 3½ ton tail lift Ford Lorry (registered September, 2010). 1 Ford Transit Connect (also registered September, 2010). 2 Renault Traffic Vans (1 58 plate whilst the other is an 09 plate).

Location : Situated on a small modern Industrial Estate, WEST MIDLANDS

Opening Hours : Monday - Saturday inclusive - 7 a.m. - 6 p.m.
NO SUNDAY TRADING

Turnover : WE ARE INFORMED the turnover is in the region of £450,000 p.a. inclusive of VAT in our opinion offering tremendous potential for further increase in the right hands.

Tenure : We understand the premises are held on a secure renewable lease for a period of 10 years from January, 2009 at a rental of £21,540 p.a. plus VAT exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £9,000 p.a. approx.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SPACIOUS WELL EQUIPPED INDUSTRIAL LAUNDRY/DRY CLEANERS, WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £325,000 plus STOCK AT VALUATION (in the region of £40,000/£50,000 approx. including linen comprising sheets, pillowcases, towels, table linen which is used for hiring to local hotels)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Staff : The business is at present operated by the vendor with the assistance of 7 full time plus 1 part time staff. In addition there is 1 full time and 2 part time drivers employed. Wages paid in the region of £2,500 p.w.
   
  SOLD or WITHDRAWN FROM MARKET
 
 
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