Chain of Four Dry Cleaners/Launderettes

Price:

Leasehold - £310,000

Turnover:

Seller Ref:

AP024

Location:

London, East London Essex

Business Type:

Service Businesses

See Other:

Dry cleaners for sale in London
Launderettes for sale in London
Service businesses for sale in London

Description:

THE BUSINESS:

This is an opportunity to purchase four dry cleaning and launderette businesses. Located east of London and on the Essex borders, the four branches are all within easy reach of each other. The current owners have managed the business for circa five years, but the businesses have been located at the existing premises for much longer.

One of the four properties currently functions only as a dry cleaner and provides the dry cleaning to the other three launderettes. Unlike many launderettes this business has staff present at all times.

Location Details:

All four branches are secured with leasehold contracts of between three and ten years. Annual rent for the four premises is £43,000 in total; however this figure is reduced by sub-letting residential space to the tune of £16,500.

Lease Terms:

Annual rent for the four premises is £43,000 in total

Trading Hours:

Launderettes: –Seven days 8.0 am – 7.30 pm Dry Cleaners: Monday – Saturday 8.0 am – 6.0 pm