HIGH TURNOVER DRY CLEANERS IN SOUTH BIRMINGHAM
Very Spacious & Superbly Presented
Annual Sales £189,518
Gross Profit £174,498 (92%)
Desirable Upmarket Trading Location
Established By Present Owners in 1984
Potential For Lucrative Rental Income from Upper Floor
Leasehold Price £180,000
Description and Trade:
Situated in a well supported parade of shops on a busy road in an upmarket private residential area. The parade has the benefit of a service road to the front for customer parking.
The business offers a high standard in dry cleaning, including wedding dresses and a curtain service. It has an onsite garment repair and alteration service.
The attractively presented Shop Area (5.9m x 3.6m) has a suspended ceiling with concealed lighting, terrazzo type flooring, and full width serveover counter with two cash registers.
Leading to a very spacious Working Room (17.4m x 6.2m max). Fixtures and fittings include Girbau commercial washing machine, Girbau 50lb Dryer, Rotor Cabinet, Idrosmack stainless steel steam and air spotting table, stainless steel pre treatment unit, 45lb Ama Universal dry cleaning machine, two Hoffman presses, four ironing tables, domestic washing machine, lots of hanging rails etc.
Internal stairs up to Office; fitted Kitchen/Staff Room; two Stock Rooms; Bathroom. Stairs up to a spacious Alterations Room, and a Box Room.
Outside to the rear is a Boiler Room having a Fulton gas boiler with vacuum and blow down tank.
There is potential for lucrative rental income to either sublet as a flat or a second business (i.e. offices etc.).
A high turnover dry cleaning business with a very desirable and sought after trading location that was established by the present owners in 1984. During that time they have built up an excellent reputation for a quality service. There is scope and demand to offer a full laundry service.
Our Client Informs Us That:
Accounts to year ended September 2015 show sales of £189,518 with adjusted gross profit of £174,498 before wages.
8.30am – 5.30pm Monday to Friday
8.30am – 4.00 pm Saturday
Leasehold. Held on a RENEWABLE lease at a present rent of £24,000 per annum for the whole property. We are informed that a new lease will be offered at a rent of £27,000 per annum.
£180,000 plus stock at valuation for the lease, business, fixtures and fittings.
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