• Prime High Street location
• Potential to expand income
• Retirement sale
Profitable dry cleaners situated in prime, bust Hampshire location. Established in 1995 with a turnover in the region of £90,000 and excellent profits. Currently run under management with genuine potential to increase income due to current limited trading hours. Leasehold Ref: 42461
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Executive Dry Cleaners is located on the High Street in Overton, Hampshire and is situated amongst other independent retailers which include: restaurants, newsagents, convenience stores and Cafés.
The immediate surrounding area is an affluent residential part of Hampshire with a number of TV presenters living in the surrounding villages and using Executive Dry Cleaners along with a loyal and regular client base.
The business was purchased by our client in 1995 and has operated from the same High Street position for many years previously. This business purchased as an addition to our clients other shop some 35 miles away and has now come to market due to a mix of travel logistics and semi retirement.
A range of additional services could be offered, such as shoe repairs and specialist wedding dress cleaning.
We are informed that the annual sales are approximately £90,000 with the usual high gross profit margins expected in the sector and with genuine potential to expand the business with extended opening times and commercial contracts to local hotels and golf courses etc.
The business comes with a full complement of equipment to include Mito Cleaning Machine, Polybagger, 1 Pressing Table, Spotting Table, 10kg Domestic Washing Machine, 10kg Dryer and a Jacket Former. Throughout the rear service area and main customer area there is ample hanging space.
Offers in Region of £95,000
Summary. An excellent opportunity to acquire a well established business on a busy High Street with a loyal and regular customer base. The business would suit an owner operator as well as being a welcome addition to a business looking to expand.
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