Dry Cleaners Offers Invited For Sale

Business description

Phoenix Business Agents are delighted to place on to the market this high profile and exceptionally profitable Dry Cleaning business which was established some 20 years ago. Our client purchased the business in 2002 and now wishes to sell due to other business interests.The concerns provides a dry cleaning and laundry service, alterations, carpet cleaning hire, curtains and are specialists in wedding dress cleaning.

In particular the owner has invested several thousand pounds in a modern epos system which is a very good marketing tool. All customers are logged onto the epos database (currently 3765) and the system allows emails to be sent to every client with offers and any ongoing deals. This system has not been used to its full potential and if properly used could easily double turnover and profits.

As well as the owner there is 1 full time and 1 part time member of staff along with a delivery driver. The full time member of staff could manage the business is required by the new owner.

This business is very well known in the community and has thrived on customer service.
This is an excellent opportunity to purchase a very good and profitable concern which has been carefully grown by our client. He would be available for a business familiarisation period if required.

The business has recently obtained many prestigious contracts including the local Holiday Inn (at a price agreed by the owner) and undertakes work for clients such as Bicester Village. There are only 2 dry cleaning businesses locally therefore numerous local nurseries have approached our client. All this business has come in without any proactive marketing which would again produce very good results in terms of profits.

Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
ORIGINAL LENGTH: 10 years.
REMAINING: 06 years.
REVIEW: due in 2009
RENT: £14,000 per annum

Living accommodation:

PROPERTY DETAILS Ground Floor Glass fronted unit with wooden framing Entrance to customer service area Customer service point Counter made of wood of exceptional quality Epos system 3 rails for customer collection To the rear Ironing press Renzacci 35lb dry cleaning machine (2 years old) Spotting table Washing machine Air conditioned unit Wooden flooring Toilets to the rear First Floor Available to let if required. Would be very useful for expansion purposes

Location:

This business enjoys an exceptionally good location, benefiting from a very prominent site in Bridge Street, Banbury. It lies opposite many high profile stores including Debenhams and Marks and Spencers. Bridge Street is the main commercial street in Banbury and is the local hub for shoppers. The Castle Quays shopping centre also lies opposite the premises as does the coach station and a large car park.

Banbury enjoys excellent motorway links to the rest of the country via the M40 motorway.

Other information

Reasons for selling:

Other business interests

Trading hours:

Mon, Tue, Wed & Fri: 08.30am – 5.30pm Thurs: 08.30am – 7.00pm

Contact the seller