Specialist Dry Cleaners in Kent For Sale

Situated in a Parade, excellent main road trading position, residential and commercial area, South London / Kent Borders

Turnover £ 3,500
Price £110,000

Features

Established Dry Cleaners (wedding Dress Specialists)

6 DAYS OPENING

DOUBLE FRONTED PREMISES, in the region of 850 ft², WITH ELECTRIC SHUTTERS - CCTV, ALARM, Tiled flooring, suspended ceiling with LED lighting.

Customer waiting area, clothing racks.

Sales counter, electric cash register.

Equipped Repair / tailoring secion - Sewing machine.

Dry cleaning section with 1 dry cleaning machine (perc bowe q300 passat), 1 overlock, 1 felling machine sewing, 1 boiler for hoffman, 1 vacuum for hoffman, 1 large dryer , 1 small washing machine, 1 packaging, 1 spot table, 1 compressor, etc.


Staff cloakroom with toilet and sink.

Kitchen - Microwave, sink, fridge, kettle, shelving.

Basement - Used for storage purposes.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,500 p.w. 45% profit.

Staff

The business is at present operated by the vendor with 1 full time staff employed (seemstress) and 1 part time (presser).

We are informed the wage bill averages £700p.w. approx.

Trading Hours

6 Day week
MONDAY - SATURDAY 9am - 6pm
WEDNESDAY 9am - 2pm

Outside

Yard to rear.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2017 with reviews every 5 years (next review 2027) at a current rent of £17,784 p.a.

We are advised the Landlord will grant, to an approved applicant, a new 20 years lease at rent an terms to be agreed.

Business Rates from April 2024 £1,900 approx. After small business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2017

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 55,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote