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Dry Cleaners And Laundry Service In Sussex

Wadhurst East Sussex
Popular Dry Cleaners Wadhurst, East Sussex T/O: £65,000 GP: 55% Scope to increase turnover Well-equipped Loyal customer base Spacious service area Prime location
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 65744
ADVERT IMPRESSIONS : 10,227 TIME(S)

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

LEASEHOLD:

£125000
 

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BUSINESS DETAILS:

Location
Cheryl's dry cleaners and laundry service occupies ground floor retail premises, ideally located in the picturesque village of Wadhurst, East Sussex. The shop is surrounded by a number of complementary of shops, businesses and amenities, and benefits from a high footfall and much passing trade. There is ample on-street parking directly outside along with a bus stop nearby. The spa town of Tunbridge Wells is approximately 10 miles away, which possesses comprehensive shopping and leisure facilities. Bewl Water and Bedgebury National Pinetum offer delightful recreational and walking facilities nearby. The business lies within minutes of the A21, which connects Hastings to the south and Sevenoaks to the north.

Business History
Preferred Commercial is pleased to offer for sale this popular dry cleaners and laundry service, which has been in our client's careful hands since 2003 and which is only now being placed on the market due to our client's other business interests. The business trades 6-days per week and generates a turnover in the region of £65,000 per annum with a gross profit of 55%, derived from offering general dry cleaning and laundry facilities along with sewing and alterations. We feel that turnover could be increased by embarking on a modest marketing campaign and perhaps the introduction of a website. The new owner could, if desired, contact local businesses such as hotels and bed and breakfasts offering laundry and ironing services. Our client has gained an excellent reputation and a loyal customer base by offering a high quality service, which ensures much repeat trade. The premises boast a large service area with 2 x commercial washing machines, dry cleaning machine and a tumble dryer. This is an ideal opportunity to acquire a popular dry cleaning business, which is well-equipped and in a walk-in-and-trade condition, with scope to develop further. Early discussions with Preferred Commercial must come highly recommended.

Financial Details
T/O: £65,000
GP: 55%

Opening Hours
Mon - Sat: 9.00am - 5.30pm
Sun: Closed

Accommodation Details
Ground floor lock-up retail premises with spacious sales area, situated in a village location. Briefly comprising:

Ground Floor
• Customer area with wooden counter with shelving for duvets, service area, 2 x commercial washing machines, 1 x tumble dryer, king size sheet press, dry cleaning machine and Hoffman press

External
• Ample on-street parking

Tenure
Leasehold
Original length: 5 years
Remaining lease length: Rolling lease
Rent review: every 1 year
Rent: £416.66 per month
   
  FOR SALE
   

REFERENCE:

2580 / RightBiz
   
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