Dry cleaning business for sale in Richmond, in (London, Richmond) 07429028691
Advertising Since: 12 Feb 2018 09:47 AM Advert Reference: Elonat.com/000238
About this business
Location:
Prime high street location.
Area:
London, Richmond
Business description
Great opportunity to acquire a dry cleaning business running for the past 6 years among a parade of shops on the residential area of Richmond close to richmond Underground stations, Dry cleaning services are provided for clothes and bed linen along with alteration and repair, key cutting and shoe repair.
The business generates turnover of £1800/week, and has rental costs of £17000/annum with 10 years left on the lease with a rent review every 5 years. Business rates 1600/anum.
profits of approximately £60,000/annum and so a pay-back period of less than two years on the initial investment. There are further expansion opportunities through more advertising in the local area.
The premises of about 550 square feet, includes the main shop floor area with dry stream counter where customers are served and items for dry cleaning are hung, as well as a storage room and further work area in the basement. The shop benefits from corner location and modern interior. The following items are included as part of the sale: new renzaci dry cleaning machine, 2 pony press, 3 washing machines, dryer, large garment canveyor, latest dry stream till, key cutting machines and 1000 of key blanks. along with all fixtures and fittings.
Property information
Asking price:
120000
Property Status:
Leasehold
Property terms:
10 years open lease.
Other information
Weekly sales revenue:
1800
Rent:
17000/ anum
Rate:
1600/Anum
Franchise
N
Expansion potential:
On application
Reasons for selling:
Health problem
Trading hours:
7:30 am to 7:00 pm mon- sat
Contact the seller
Only contact this seller if you have interest in buying this business. DO NOT MAKE CONTACT for any other purposes, as you will be blocked from this site.
For more information contact the owner directly: 07429028691
