Bournemouth Dry Cleaning Business For Sale Price Reduced For Sale

Business description

Phoenix Business Transfer Agents are delighted to place onto the market this fantastic business opportunity. Our client established this concern in 2002 and it has now grown to be a very successful business. Our client now wishes to pursue other business interests and is therefore looking to sell the business.

The concern provides a full dry cleaning service including textiles, duvets and a full repair service. Our client operates the business as a sole trader with the aide of 1 part time member of staff. He also employs a seamstress and the business benefits from a huge client base. The concern is renowned for its quality of service and offers a next day service on almost all products.

Our client also offers a pick up and delivery service.

The concern has huge potential. In particular there is no agency work and at present no suede or leather work is undertaken. Furthermore there is no other commercial work. Our client has kept the business model as simple as possible.

Our client would be available for a business familiarisation period should it be required by the new owners. Also our client can arrange a full dry cleaning course for those who have not been involved in the industry before should it be necessary.

Property information

Property:

Leasehold

Lease terms:

Tenure: Leasehold
The original length of the lease was 6 years and this is fully renewable

Living accommodation:

Property Details This very well presented premises forms part of a parade of shops and is very attractively presented with a full branded frontage. Ground Floor There is a glass fronted shop front with the entrance leading to the main customer service area. The layout of the shop as been designed specifically by our client who has many years experience in the industry and it has been laid out for ease of use. Included in the premises is an air compressor, electric converter, two automatic presses a garment former and a steam spotting table. All the equipment is fully serviced and functional and is worth in the region of £10,000. Further to the rear there is a kitchen and an outside toilet. External To the front is a parking lay-by and to the rear is a small courtyard area.

Location:

This business is located on a main arterial road in Bournemouth. It benefits from huge traffic flow and has parking facilities directly outside the premises. The shop itself forms part of a parade of complimentary shops which serve the local population. The area has much commercial activities and includes banks and many household names such as Sainsbury’s, Asda & B & Q. There is also a residential area within this location.

Bournemouth itself offers an excellent lifestyle and has good rail and motorway links to the rest of the country.

Business Operation

Expansion potential:

Financial Details
At present the business turnover is approximately £57,000 per annum with a gross profit of approximately £52,000 per annum. The net profit is approximately £26,000 per annum with equipment and fixtures and fittings valued at approximately £10,000.

Trading hours:

The business trades Mon – Fri: 08.30am – 5.30pm and Saturday 8.30am – 1.00pm

Employees:

1 part time member of staff

Years established:

6 years