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Business description
We are pleased to offer to the market this extremely well established photo processing and dry cleaning business, which was established by its owner in 1980.
It has reluctantly been placed in our hands due to other pressing business interests.
Originally started as a dry cleaner, which also does clothing repairs and alterations, the business expanded into photographic processing and picture frames, thus smoothing over the annual decline in dry cleaning in summertime with the high demand for photographic work in the same period and a reverse situation in winter time.
On the photographic side of the business, the offer includes transference of video to DVD, specialised picture framing with/without surrounds, ordered for samples as well as passport photos, photocopying both in black and white as well as colour, photo albums and a fax facility.
The owner and his wife together with 1 part time employee staff the business.
An offer has been made by the owner to whoever takes over, in that he would cover shop staffing over a holiday period for a new owner if required.
A well thought out and run business which cannot fail to continue to succeed if bought by a person willing to give 100% commitment to its running.
The vendor has also informed us that planning permission has been granted for a 46 cover restaurant. The premise would also include the upstairs which currently is not offered for sale with the current business. There is also room for 25 covers outside. Its prominent location makes it in an ideal location for a restaurant.
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
Property information
- Property:
- Leasehold
- Lease terms:
- TENURE: Leasehold
Original lease: 10 years
Remaining lease: 10 years
Review every: 3 years
Rent: £295 per week
We are advised that the annual business rates are currently: £550
EMPTY LEASE TERMS
TENURE: Leasehold
Original lease: Can be negotiated
Review every: Can be negotiated
Rent: £450 per week includes upstairs
We are advised that the annual business rates are currently: £550
- Living accommodation:
- The shop is a corner site with windows on both sides the door is oblique to the corner, Fully alarmed with shutters and CCTV.
The inside of the shop is in the shape of an L, with the counter repeating this format.
To one side of the counter is an instant kiosk digital printer and also a computer scanner/digitiser also a colour/black and white photocopier.
Behind the counter and to the right hand are rails for cleaned clothes, there is also a print processor, APS roller/unroller machine and a Mito 22, 22lb load dry cleaner.
To the rear of this is a small office, a cleaning spotting table and gun and additional hanging space.
To the rear of this area is a double bed Hoffman press and a steam hand finisher.
A further room behind this house the boilers and shop w/c.
For expansion, there is yet another room behind this, which has been converted from a garage.
- Location:
- Our client is located on an extremely busy community shopping and eating road south of the multi ethnic city of Birmingham, away from its local position the area is extremely residential.
Additional advantage is given to this business, as it is on a traffic light controlled crossing, thus raising its prominence to both commuter and visiting motorist.
As it is within a main shopping area, it goes without saying that footfall is extremely high. Of its retail category it is completely monopolistic in its mix of offer and for this reason does not suffer seasonal ‘highs and lows’.
Business Operation
- Expansion potential:
- The present owner informs us that there is a local demand for a pick up service close to the business and a demand for leather and suede cleaning.
Demand is also high for a laundry service and there is ample space to put in a commercial wash machine and dryer to facilitate this.
This, we are led to believe would increase turnover by at least £30,000 per annum
- Trading hours:
- Mon – Fri: 9am – 5.30pm, Sat: 10am – 5pm
- Employees:
- The owner and his wife together with 1 part time employee staff the business.
Other information
- Financing available:
- Please let us know if you require finance for the purchase of a business.
- Related documents:
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