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Established Ironing Service Business - St Helens For Sale

St Helens, Merseyside, UK
Asking Price:
£31,950 Furniture / Fixtures included
Turnover:
£48,908
Net Profit:
Available on request

Prominent Main Road Position
Annual Turnover £48,908
Gross Profit £39,109
Further Financial Info Available After Viewing
Low Overheads
Fantastic Online Reviews
Potential To Make Into A Launderette
Repeat Customer Base
Free Parking
Closed Weekends
Potential To Introduce Additional Services
Scope For Longer Opening
EPC - TBC

REF 7121 – Leasehold Ironing Service Business

Blacks Brokers are pleased to bring to the market this leasehold ironing service business located in St Helens, Merseyside.

INTRODUCTION

Bromdales Ironing Services was established by our client in this busy area of St Helens in 2004. The business offers a range of ironing services and has become very well known in this area with has a strong base of regular customers in place. It also benefits from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google and Facebook. Bromdales Ironing Services has a basic website in place.

LOCATION

Bromdales Ironing Services occupies a main road trading position within a parade of shops and residential properties. The area is well populated commercially with neighbouring businesses including independent retailers such as a hair salon and beauty salon. There are also a number of schools and other local amenities nearby. The area is well linked by the M6 and A580 with very strong public transport links and parking is available immediately outside.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s family commitments being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a three year lease which began in 2020 at a cost of only £115 per week.

STAFF

The business operates with two members of staff supporting our client working on a full time basis in a hands on role.

FINANCIAL DETAILS

Bromdales Ironing Services has traded solidly since opening and our client has established a strong repeat customer base. We are advised that the business has annual turnover of £48,908 and gross profit of £39,109. Full financial information is available upon request.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This reputable and long established business occupies an enviable trading position in a busy residential area of St Helens. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new services such as dry cleaning and alterations along with longer opening hours. There is also scope to sublet some of the unused storage space within this shop to a complementary business. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Property Information

Property:

Leasehold

Business Operation

Trading hours:

MON: 08:00 - 17:30
TUE: 08:00 - 17:00
WED: 08:00 - 18:30
THU: 08:00 - 17:00
FRI: 08:00 - 12:30
SAT & SUN: CLOSED

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