Price Reduced Well Established Dry Cleaners In Streatham For Sale

Business description

We understand that a Dry Cleaning business has operated from this location for over 40 years and the current owner has been there for two years. In addition to the cleaning services they use a highly regarded local tailor to facilitate their sewing and repair services. The proceeds from these services are split 50/50.

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable 15 year lease until 2024.

Leasehold rent:

£6,800 per annum

Location:

Situated in a shopping parade in Streatham, South West London which benefits from the trade generated from the densely populated residential area and the close proximity to a junction with a major ‘A’ road. Street parking is available for short periods outside and elsewhere around these premises for customers to drop off and pick up cleaning.

Premises details:

The shop has an attractive glazed frontage with single door opening into the customer area with serving counter. The shop measures approximately 6m by 3.5m and is equipped a Parrisianne Permatic 1010, Comptel Rotor cabinet, a washer dryer with ample rails for hanging clothing. There is also a staff WC.

Business Operation

Expansion potential:

A change in family circumstances has created this opportunity for a new owner to build on the existing trade. The business would benefit from a creating heightened awareness of its existence through some low cost local advertising such as leafleting and also considering a delivery service.

Trading hours:

Monday to Saturday - 8am to 6pm.
Sunday - Closed

Employees:

1 part time plus owner works full time

Years established:

40 years