Summary
- Asking price:
- £18,500
- Sales revenue:
- £650 weekly
- Cash flow:
- Available on request
- Years established:
- 40 years
- Employees:
- 1 part time plus owner works full time
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.
Other information
- 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
Contact the seller
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