Dry Cleaners In Busy Location With Rental Income | | Undisclosed Kent | | KENT DRY CLEANERS IN BUSY AREA WITH RENTAL INCOME Prominent position in busy parade repairs & alterations undertaken, specialist work undertaken A/T: £156,000 S/C 3 bed flat let @ £700 per month Excellent scope to expand L/H: £149,950 +SAV REF: 1031DA | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 62699
ADVERT IMPRESSIONS : 8,220 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Dry Cleaners | | SALE: | Agent Sale | LEASEHOLD: | £149950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
• Prominently positioned retail shop and flat in busy parade of complementary businesses
• Busy suburban location in Kent with large population
• Unrestricted parking outside the parade
• Close to metro style supermarket
HISTORY
• Established by vendor 15 years ago
• Equipped to a high standard with all requisite equipment installed
• Ongoing maintenance programme undertaken
• Customer base developed slowly now with high repeat rate
• Full range of associated services introduced to meet customer demand
REASON FOR SALE
• Family reasons
SERVICES
• Full range of dry cleaning work
• Laundry service
• Repairs and alterations undertaken in house
• Specialist work undertaken repairing and cleaning bridal gowns
• Collections and deliveries where required
CUSTOMERS
• Mixed demographic locally, predominantly personal customer base
• Mainly walk in trade
• Small amount of contract work undertaken with 10 business customers
• Loyal, repeat and price conscious
SUPPLIERS
• Consumables sourced from a range of trade suppliers
STAFF
• Vendor (full time) with part time assistance from spouse
• 2 full time assistants
• 3 part time staff
• 1 seamstress (family member)
TRADING HOURS
• Weekdays 8am to 6pm
• Sunday closed
FINANCIALS
• Annual turnover undisclosed
• Net profit exceptionally high
• Stock holding less than £1,000
PREMISES
• A traditional lock up retail shop
o Retail counter with integral sewing machines
o Processing area to rear with 2 pressing tables
o WC
o Garden
o Separate store/processing area to rear
o Boiler room
o ADT alarm
• Flat with separate access
o 3 bedrooms
o Family bathroom
o Kitchen
o Lounge
EQUIPMENT
• Bowe P240 dry cleaning machine
• JLA AD 50 tumble dryer
• JLA Duvet Plus tumble dryer
• 2 pressing tables
• 3 sewing machines
• Racking and shelving appropriate to trade
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
• Introduction of agency network
• Targeting offices locally for additional work
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: | 1031DA / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
