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Nice Stitches, Established Dry Cleaning and Clothing Alteration Business in Royal Leamington Spa for Sale

Royal Leamington Spa, Warwickshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    13/05/24

  • Advert ID

    611191

  • Reference

    B08039 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £99,995
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Established Clothing Alteration & Dry Cleaning Business Available for Sale

Business
Please quote reference B08039

CoGoGo present to the market Nice Stitches, a bustling hub of sartorial transformation nestled in the heart of Leamington Spa's vibrant community.

As you step through our doors, you're greeted by the harmonious symphony of whirring sewing machines and the gentle hum of steamers, signalling the meticulous craftsmanship underway. Their team of skilled artisans, with years of experience under their belts, breathe new life into garments with precision and care, ensuring each stitch is a testament to their commitment to perfection.

At Nice Stitches, they cater to the diverse needs of their clientele, from minor alterations to bespoke tailoring, no task is too intricate or challenging. Whether it's hemming trousers, or resizing dresses, they approach each project with enthusiasm and expertise, delivering results that exceed expectations.

But their services extend beyond mere alterations. With state-of-the-art dry cleaning facilities, we restore garments to their former glory, banishing stains and revitalising fabrics with eco-friendly solutions.

Despite their already stellar reputation, the potential for growth at Nice Stitches is undeniable. By leveraging strategic marketing initiatives such as targeted advertising campaigns and social media engagement, the new buyer can expand their reach and attract new customers. Additionally, forging partnerships with local businesses, such as boutiques and bridal shops, can open avenues for collaboration and mutual growth.

Furthermore, diversifying the services to include specialized offerings like leather repair, garment restoration, or even launching a premium subscription-based service for regular clientele can solidify their position as the go-to destination for all things garment care in Leamington Spa.



Location
Located on the bustling high street, their establishment stands as a beacon of quality, reliability, and impeccable service in the realm of clothing alteration and dry cleaning.



Premises
Ground Floor:

  • Large Service Area
  • Storage
  • WC
Equipment Included:

  • Eco Cleaner
  • Sewing Machines
  • Tills
  • Press-Irons


Tenure
This opportunity is being sold on a Leasehold basis with 5 years remaining on a 10 year lease, with a break clause every 5 years. 

The current rent is £15,000 per annum.



Hours
The current trading hours are:

Monday to Friday - 10:00am to 3:00pm

Saturday - 10:00am to 2:00pm

Sunday - Closed



Staff
The business is run and managed by our client.



Financial Profile
The business generated a turnover of £65,000. Full financials can be made available upon further request.



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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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