Dry Cleaners for sale in Hertfordshire

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Imran Ahmed (Nov 2014)
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Leasehold Price: £155,000 Annual Turnover: £130,000
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Business Description
• Well established dry cleaners
• Average weekly takings c. £2,500
• Excellent parade location
• Good quality fixtures, fittings and machinery, viewing highly recommended

Well established and well used dry cleaners situated in a densely populated residential area on the outskirts of Hertfordshire. Lots of passing footfall and traffic. Staff run with input from the owner. Potential to increase trading hours and income. Excellent trading location. Income c. £2500 per week. Leasehold ref 44931

This dry cleaners operates from an excellent parade location adjacent to a main road junction on the outskirts of Hertfordshire. The business is situated amongst other independent retailers which include restaurants, newsagents, convenience stores and cafés.

The immediate surrounding area is a densely populated residential area with heavy footfall throughout the day and the business benefits from a large number of professional customers with the core trade being suits, shirts and coats. Alterations and repairs are currently carried out off site, although there is the space within the shop to carry these services out on the premises.

The business has been owned by our client for the last 12 years, although the business has traded from the same site since the early 1990’s. Since taking ownership, our client has built up a good reputation locally benefiting from a loyal and regular customer base, which generates sales in the region of £2,500 a week. In our opinion, given the location and client base, the opening hours could be extended to accommodate the many commuters within the local area.

Outside the shop are a number of 30 minute free parking bays on the parade, allowing ease of drop off and collection and the business also has a good reputation for the care of wedding dresses. In recent years an EPOS till system has also been put in place.

Summary. An excellent opportunity to acquire this well established and well used dry cleaners, trading from an excellent location and benefits from a loyal and regular customer base. The business would ideally suit an owner operator to maximise profits, as well as being a welcome addition to a business looking to expand.
Tenure: Leasehold

Listed by: Kings Business Transfer
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KBT44931
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