Busy Dry Cleaning and Laundry Business In Ashford For Sale

Business description

Established since 2000 this dry cleaner is located next to a major superstore with huge volumes of passing trade every day of the week. As such it is well known locally and has become a fixture in the local community throughout this time offering as it does complete clothes and textile care. Offering a high standard of Customer service, whilst still operating realistic and competitive prices, the business maintains a high level of repeat business from the many customers that shop in this well known store.

The business is fully staff run and offers a shirt washing and ironing service as well as all dry cleaning, repair and alteration service and general washing service. The fully equipped shop has been very well maintained and everything required to run a business of this nature is included and all maintained to the highest standards.

With such a prominent location, surrounded by dense residential areas occupied by people with busy lifestyles, this is a high quality, well-equipped dry cleaning, laundry and pressing business primarily serving domestic customers.

With turnover in excess of £110,000 per annum from a staff run business this represents an excellent opportunity for an owner operator to significantly to improve profits from this ideally situated business.

Customer Service:

The company are proud of the service that is offered to customers. The results of this commitment are evident in the degree of return custom and the choice of this company’s service by new customers over competitors. The staff are an integral part of the companies service and reputation with the knowledge, training and professionalism being second to none.

Key Strengths:

The business is ideally situated next door to an extremely busy and well known superstore with large volumes of customers passing its doors each and every day. With a full range of services on offer this business could, with the right management become a very profitable enterprise within a short space of time.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover is approximately £110,000 per annum and is a cash positive and cash generating business.

Property information

Property:

Leasehold

Lease terms:

The shop has a 10 year lease, expiring in 2010 and pays a rent of £20,000 per annum

Location:

This business benefits from a glass double fronted aspect next to a major superstore that attracts high volumes of customers on a daily basis.

The shop has a 10 year lease, expiring in 2010 and pays a rent of £20,000 per annum, which includes all utilities. Business rates are circa £7,000 per annum, giving low premises overheads for such a prominent position.

On entry to the shop is a well placed counter with all the usual facilities to the rear, including all equipment and machinery for the dry cleaning, laundry and pressing service offered, which includes 1 dry cleaner of 40lbs, 1 washer capable of king size quilts, 1 dryer, 2 ironing tables and a rota cabinet.

Other information

Expansion potential:

With people experiencing an ever faster pace of life the need for the services offered here is growing and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.

Competition / Market:

The business has built up a superb reputation by word of mouth recommendation and enjoys a high level of repeat business, which is maintained by a strong client rapport, by valuing its customers and striving for the best in customer service. In the prominent position it enjoys, this business acts as its own advertising board attracting customers from the thousands who pass every day, however additional advertising and marketing would undoubtedly pay dividends in the short and longer term.

Support & training:

The current owner will provide all necessary training and all relevant contacts to allow continuity of trading.

Reasons for selling:

The vendor has two other dry cleaning businesses which are approximately a 2 hour drive away and he is finding it too difficult to manage this business so far away. Because of this the business is fully staff run and without the owner being present regularly means the business is not run as well or as profitably as it should be. As such he has decided to sell this business and concentrate more fully on the two local ones for him.