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Reference M5575

Profitable Dry Cleaners in West London For Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, CENTRAL LONDON

Turnover 6,000
Price 275,000

Features

Well Established Dry Cleaners

DOUBLE FRONTED PREMISES with carpet tiled floor. Counter, computer system for customers' records. Union Dry Cleaning Machine, spotting table, 2 presses, steam cabinet etc.

Basement with flame boiler, washing machine, tumble dryer

Staff cloakroom with w.c. & wash hand basin

Included in the sale is a sign written van

Turnover

WE ARE INFORMED the turnover averages 6,000 p.w. including account customers & collection & delivery of dry cleaning. (30% counter and 70% accounts)

Staff

The business is at present operated by the vendor plus 3 full time & 1 part time staff.

Trading Hours

MONDAY - FRIDAY 8.30am - 6pm
SATURDAY 9am - 5.30pm
NO SUNDAY TRADING

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2016 with reviews every 5 years (next review 2026) at a current rent of 54,000 p.a.

Business Rates from April 2023 4,709 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1979, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 275,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 137,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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