Dry Cleaners for sale in Chester

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Dry Cleaners & Laundry Services - Chester

Chester, Cheshire, England

  • Leasehold Price: £99,950
  • Annual Turnover: £130,955
  • Annual Gross Profit: £117,188
Seller Reference: 7322
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Business Description
 
 
 
 
 
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Seller Reference: 7322
Request Details
Business Description
Short Distance From City Centre
Accounts Available Year End 31st August 2019
Annual Turnover £130,955
Gross Profit £117,188
Accounts Available After Viewing
Established 2000
Retirement Sale
Busy Residential Area
Fully Equipped
Presented Well
Excellent Reputation
Superb Online Reviews
Potential For Pickup And Delivery Service
EPC - TBC
REF 7322 – Leasehold Dry Cleaners

Blacks Brokers are pleased to bring to the market this leasehold dry cleaners located in Hoole, Chester.

INTRODUCTION

Town and Country Dry Cleaners was established in this densely populated area of Hoole in 2000 and our client took ownership in 2005. The business offers all aspects of dry cleaning and laundry services to the local community and is very well known in this area with has a strong base of regular customers in place. It also benefits from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an superb reputation and good reviews are noted on Google. At present the business does not have a website in place but does have a good social media presence.

LOCATION

Town and Country Dry Cleaners occupies a main road trading position at the corner of a parade of residential properties with another independent business next door. The area is densely populated residentially but is very close to the town centre. There are also a number of schools, parks and other local amenities nearby. The area is well linked by the M56 and A56 with very strong public transport links and parking is available immediately outside the property.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s retirement, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a fifteen year lease which began in 2020 at a cost of £254 per week.

STAFF

The business operates with two members of staff in place supporting our client working on a part time basis.

FINANCIAL DETAILS

Town and Country Dry Cleaners has traded solidly since opening and our client has established a strong repeat customer base. Accounts for year ending 31st August 2019 show annual turnover of £130,955 and gross profit of £117,188. Full financial information is available upon request.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This well known and long established business occupies an enviable trading position in a busy residential area of Hoole close to the centre of Chester. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new services and longer opening hours, possibly a collection and drop off service where appropriate. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Firbimatic Commercial Dry Cleaning Machines x 2

Hoffman Presses x 2

Flat Bed

Pony Jacket Foamer

Boiler

Washing Machine

Fridge

Tumble Dryer
Trading hours:
During Covid-19 Restrictions
MON - FRI: 08:15 - 17:30
SAT: 09:00 - 13:00
SUN: CLOSED

Normal Opening Times
MON - 08:15 - 17:30
SAT - 09:00 - 13:00
SUN - CLOSED
Tenure:
Leasehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
Town and Country Dry Cleaners operates from the ground floor of a prominent corner property on a busy road. The business has large branding and signage on display above the main entrance. Inside, the main retail space is well presented and fitted with counter. To the rear is the workroom which is fully equipped with commercial dry cleaning machine, presses, washing machines and much more. The business also has a large storage area. All areas have been finished to a good standard.

Location Details:
Chester
Leasehold Term:
£254 Per Wek
Listed by:
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