Professional Dry Cleaners in North London For Sale

Excellent trading position, sought after residential area, NORTH LONDON

Turnover £ 7,500
Price £325,000

Features

Professional Dry Cleaners with Tailoring and Repairs Service

INCLUDING;
£120,000 Renzacci fully automated garment/ order assembly conveyor and automated bagging machine

In our opinion this would make an excellent base ( or production hub) as a factory in the High Street already with a turnover that could service multiple receiving shops.

IMMACULATE DOUBLE FRONTED PREMISES, in the region of 1,600 ft², CCTV (4 cameras), porcelain tiled flooring, plasterboard ceiling with tube lighting.

Tailoring unit to the front with sewing machine, over-locking machine, hemming machine, etc.

Sales counter, 2 EPOS cash registers, clothing rails.

Garment assembly unit with automatic bagging machine, BMM Weston LS2 double buck shirt press with collar and cuff machine.

Production area - 2 Hoffman presses, jacket press, trouser press, spotting table, M18 Bowe Sensene dry cleaning machine, compressor, 2 x 50 lb JLA washing machines, 2 x 50 lbs tumber dryers.

Water softner, second compressor, water bolier.

Approximately 120 ft of rails with garments ready to be collected.

Staff canteen area - Fitted cupboards, oven, hob, microwave, sink, fridge, kettle, etc.

2 Staff cloakrooms (ladies and gentlemans) with toilet and wash hand basin.

Roller shutter for rear access.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,250 p.w. Gross sales for the year ending 31st March 2025 were £382,520.

The vendor confirms all takings stated can be verified with certified accounts and card statements.

Staff

The business is at present operated by the vendor plus a tailor and one additional full time staff member.

Trading Hours

7 Day week
MONDAY - SATURDAY 8 a.m. - 6 p.m.
SUNDAY 10 a.m. - 3 p.m.

Scope for increased demand from longer hours, the introduction of delivery and collection and other additional services

Outside

Rear access, roller shutter.

Refuse store and staff rest area.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years from March (2022) with reviews every 4 years (next review March 2026, anticipated to be £42,240) at a current rent of £38,400 p.a. The rent is fixed in the lease not to increase more than 2.5% increase per annum.

Business Rates from April 2025 £10,704 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2003, AND OFFERED FOR SALE SOLELY DUE TO OWNER'S SEMI-RETIREMENT

Price

OFFERS INVITED TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS IN EXCESS OF £325,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 162,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote