Are you looking to step into a well-established business with a loyal customer base and ample opportunities for growth? Look no further than this reputable dry cleaners and laundrettes.
Established for over 40 years, this business has been a staple in the community, providing high-quality services to its clientele. Now, the owner is ready to retire, presenting an incredible opportunity for a new owner to take the reins and continue the legacy.
Situated on Bury Old Road in Manchester, the business enjoys excellent visibility and accessibility, ensuring a steady flow of foot traffic and loyal customers. With over four decades of operation, this business has built a strong reputation for reliability, quality, and excellent customer service.
The business provides a wide range of services, including dry cleaning, laundry, and service washes. Service washes are competitively priced at £13.00 for a small bag, £15.00 for a medium bag, and £17.00 for a large bag.
Boasting an annual turnover of £78,000 there is vast potential to increase revenue and expanding the range of services offered. In addition to the core dry cleaning and laundrette services, the business generates a second income of £6,000 from a clothing alterations business, operating on a short-term tenancy. A supplementary space within the shop generates a further income of £4,800 per year doing shoe repairs.
The business is fully equipped with top-of-the-line machinery, including: 1 x Girbau commercial machine, 1 x Realstar T200 Dry cleaning machine, 2 x 40lbs JLA IPSO, 2 x 30lbs JLA, 4 x 20lbs JLA, 3 x 16lbs IPSO, 4 x 40lbs JLA T30, 3 x American Dryers.
Extend operating hours to cater to a broader range of customers, including those with busy schedules who may require evening or weekend services. Explore opportunities to diversify services offered, such as adding specialty cleaning services or introducing eco-friendly options to attract environmentally-conscious customers.
Don’t miss out on this exceptional opportunity to acquire a thriving business in a prime location. Contact us today to learn more and arrange a viewing.
Disclaimer: Financial figures and equipment details provided are based on the most recent available information and are subject to verification.
Established over 40 years
Second income producing
Prime freehold property located in high footfall area
Vast scope to increase turnover
Genuine retirement sale
