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Profitable Dry Cleaners and Alterations Shop for Sale in Prime Hertfordshire Location

Undisclosed, Hertfordshire
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DRY CLEANERS AND ALTERATIONS SHOP FOR SALEDRY CLEANERS AND ALTERATIONS SHOP FOR SALE
  • Status

    FOR SALE

  • Date Submitted:

    03/06/19

  • Advert ID

    243819

  • Leasehold: £49,995 (Stock at valuation)
  • Rent: £19,800
  • Turnover: £80,000 (£1,538 Per week)
  • Net Profit: On request

Key Features

  • Adjacent to Multiple Retailers
  • Town Centre location
  • Attractive Business
  • Established Business
  • High Turnover
  • Close to Local Amenities
  • Fully Fitted
  • Prime Location

Business Details

DRY CLEANERS AND ALTERATIONS SHOP FOR SALE

DRY CLEANERS AND ALTERATIONS SHOP FOR SALE.

A profitable dry cleaning unit in a prime trading location with one Bed accommodation and three parking spaces is available for a leasehold sale. It is located on the busy high street of Hertfordshire adjacent to the mainline station (200 yards) direct to London.

The business provides an excellent opportunity to acquire a profitable unit in a prime location with tremendous untapped potential. The business is available with the following :

Modern BOWE 16,000g Dry Cleaning machine.

Hoffman press.

Fully equipped spotting table.

EPOS till system.

Garment Carousel.

6.10 and 18 kg washing machines.

15,000g tumble dryer.

Sewing machine, over locker and hem machine.

TAKINGS £85,000 (Pre COVID - £2000 Per week Post lockdown, now £1500-1700 but rising). Diverse work, lots of alterations approx £500 per week with laundry and dry cleaning making up the rest. No delivery or trade work undertaken plus with scope in affluent area to do collection - Rental income from Flat above £9,900 making the net rent under £10500 per year.

It comes with a renewable lease of 20 Years from 03/2015, so three years to run on current term - current landlord has indicated that the freehold could be available if occupier was interested.

Rates £nilp.

Leasehold: £49995

Open to offers.

Annual Rent: £19,800

It has a ground-floor lock-up shop unit with a rear yard, one bed flat above its entrance, and three rear parking spaces. The property has been running for 19 years, and I have owned it for four years.

I have operated the dry-cleaners business as a manager with a part time counter staff and in house tailor visiting twice a week. Would ideally suit operator tailor to maximise profits.

Serious inquiries only, please.

PLEASE NOTE:

IT IS A CONFIDENTIAL SALE; PLEASE DO NOT CALL OR VISIT THE SITE.

DO NOT ATTEMPT TO CONTACT SHOP, USE MOBILE, or EMAIL only.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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