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Dry Cleaning Factory In London For Sale

North West London, London
Asking Price:
£219,000 Inventory / Stock included
Turnover:
£280,000
Net Profit:
£85,000

We have for sale a dry cleaning factory business in NW London. Based in an industrial unit of approx 3000 sq.ft with office and converted living quarters with private kitchen and shower. (not shown in the photos as the room is currently filled with boxes and used for storage!)

The business operates from 7am-3pm Monday to Friday and is a sub-contractor to 13 dry cleaning shops in and around Central London for cleaning services.

Within the unit we have the machinery and expertise for dry cleaning, shirt washing and pressing, and household laundry cleaning.

The business has been operating from this location for over 20 years, with the current owners tenure being the last 5 years.

The sale consists of machinery as well as the goodwill and stock.

For viewings please get in touch via the contact seller form with your contact details to discuss further.

£22,850 per annum - Rent
£9,000 per annum - Rates
£10,000 per annum - Utilities (approximate)
£150,000 - Staffing cost

£280,000 - Turnover
£115,000 - Machinery
£2,500 - Approx stock on hand at all times

3.5 years remaining on lease which is renewable
Lease expiry July 2022

Machinery consists of the following:

1 x Hydrocarbon Dry Clean Machine
1 x Perc Dry Clean Machine
1 x Spotting Table
3 x Samsung 14kg Washing Machine
1 x Fulton 30e Gas fired Boiler
1 x Sankosha Collar/Cuff Machine
1 x Sankosha Shirt Finisher
4 x Hoffman Press
2 x Laundry Press
2 x Shirt Ironing Board
2 x Poly Bagging Machine - continuous
3 x Poly Bagging - Manual
2 x Clarke Compresser - Twin Head
1 x JLA 40kg Washing Machine
1 x Mercedes Sprinter LWB Van (2006)
1 x Citroen Relay LWB Van (2018)

If interested please contact the seller through the form on this page.

Property information

Property:

Leasehold

Lease Terms:

3.5 years left

Expires July 2022

Leasehold Rent:

£22,850 per annum

Living Accommodation:

Studio room within the business, has its own kitchen, shower and private entrance, toilet is shared currently but there is scope to install one if required.

Location:

Industrial Estate off North Circular Road

Size in square feet:
3,500

Business Operation

Expansion Potential:

A lot of potential for expansion by taking on more contract work and extending working hours beyond the 3pm finish.
Partnerships with App companies are also possible as we have been approached before.

Reasons for selling:

Moving abroad.

Trading hours:

7am - 3pm Monday to Friday

Shorter days during the latter part of the week

Employees:
10
Years established:
20

Other Information

Support & training:

Full support and training available for as long as buyer requires it.

Furniture / Fixtures value:
£115,000
Inventory / Stock value:
£2,500 - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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