Dry Cleaners for sale in Berkshire

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S Martin (Feb 2013)
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Leasehold Price: £199,950 Price Reduced Annual Turnover: £360,000 Annual Gross Profit: £135,000 Annual Net Profit: £53,330
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Business Description
A long established, over 80 years, family owned Dry Cleaners, operating out of 4 Retail Shops in Market Towns throughout West Berkshire/Wiltshire borders. The Business generates a healthy T/O of circa. £360k p.a or £7k per week, with good adjusted Nett Profits. All of the Dry Cleaning is done at the Head Office Shop, with three additional receiving Shops, and also 3 established collection points in outlying Villages. All of the Shops are Leasehold, Rent and Rates details available on request. An exciting opportunity to acquire a long established Business with further scope to increase turnover, with further marketing, and seeking additional Commercial contracts. In addition there is scope for maybe shoe repairs and key cutting service. All equipment is well maintained, and an inventory list is available on request. High Quality Business with a long established reputation. Please note this is a Company Share Sale. PRICE REDUCED FOR QUICK SALE
Trading Hours:
Shop 1 Mon-Sat 7am - 5pm (core production Hours 8-30am to 2-30pm)
Shop 2 Mon - Fri 9am - 5pm Sat 9am - 1pm
Shop 3 Mon - Fri 8.30am - 5pm Sat 8.30 - 1pm
Shop 4 Mon - Fri 8.30am - 4.30pm Sat 8.30-12.30

Number of Employees: 13

Tenure: Leasehold

Location Details: 4 outlets

Leasehold Term:
Various Shop 1 New Lease £25k p.a Shop 2 New Lease current Rent £13k p.a Shop 3 Lease to 2018 Rent £38k p.a Shop 4 Lease to 2016 Rent £3250k p.a

Listed by: Adams & Co
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