Well Established And Profitable Dry Cleaners In Middlesex For Sale

Business description

THE BUSINESS
Advent Business Sales is pleased to offer to the market, this well established and profitable dry cleaning and laundrette business.

Founded over 40 years ago and in the hands of the present vendor for over 7 years, the business is only now being reluctantly offered for sale as he wishes to return to his home country.

The business offers a full dry cleaning and laundrette service as well as:
• Key cutting
• Carpet cleaning machine hire
• Repairs and alterations to clothes, shoes or bags

The business is fully equipped for purpose and includes:
• P/5 Bowe Dry cleaning machine with a 15kg capacity
• W3105H Electrolux washing machine
• JLA 35kg Duvet Super plus washing machine
• 3 x Ironing Press machines
• 1 spot machine
• AD50 15kg dryer
• Suzi Steam blower
• Miele washing machine
• Zanussi Dryer
• Fulton Series E boiler with water softener
• 1 sewing machine
• 1 overlocker
• 1 blind stitch machine
• 1 key cutting machine with grinder

Current weekly gross sales are circa £4,000 on a consistent basis.

The premises are very well presented throughout with a new owner having nothing to do on takeover.

We are advised that stock at cost is circa £5,000


DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original lease: 20 years
Remaining lease: 8 years
Review every: 5 years
Rent: £22,000 pa

We are advised that the annual business rates are currently: £5,500

Location:

The business has a high visibility, corner plot location on a busy parade in an affluent area of Middlesex

Premises details:

Ground floor lock up premises on a corner plot which briefly comprises of:

• Centre door opening into the shop facing counter with marble top
• Tiled floor
• Ceiling spot lights
• Rear handing rails
• Extensive back working area
• Side office
• WC and kitchen
• Back yard with parking for up to 4 cars

Business Operation

Expansion potential:

This is clearly already a successful business. It does however still offer excellent scope to increase both sales and profits further by:
1. Offering pure bag wash only and pressing only
2. Taking advantage of the shops prominent location, it could also offer money transfer facilities, top ups and the National Lottery.

Trading hours:

Mon, Tue & Thurs: 8am to 6pm
Weds: 8am to 1pm
Fri, Sat: 8am to 5.30pm
Sun: 10am to 1pm

Employees:

The business employs 4 full time staff including the vendor.

Other information

Related documents:

• 
• EPC