Well Established and Highly Profitable Dry Cleaners For Sale

Business description

The business has been in our client’s ownership for the past 7 years who now wishes to sell due to other business commitments. The business is very well known and highly respected in the area for its services. In our opinion there is scope to introduce shoe repair and key cutting services that would add to the profitability of the business. The business is operated by the owner with assistance from one full time staff.

Property information

Property:

Leasehold

Lease terms:

Held on 15 year renewable lease with balance of 9 years remaining. Rent reviews are every 3rd year and the current rent payable is £12,000 per annum. Uniform business rates payable £4,200 per annum approximately plus water rates.

Location:

The business occupies a parade position on a busy thoroughfare, close to an extremely affluent residential part of North London suburb and given the above average level of disposable income, it provides a pleasant and profitable location for specialist shops. There is adequate car parking facilities exist to the front of the premises.

Other information

Trading hours:

8.30 a.m. – 6.30 p.m. Mon. to Sat.