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Well Established Dry Cleaning Business Located In Greenwich For Sale

Greenwich, London, UK
Asking Price:
£70,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
Available on request
Net Profit:
Available on request

Established in 1973 with one sole owner throughout, it's time to enjoy the quieter side of life, and therefore, this well-recognised and respected dry cleaning business is now for sale.

Over the years, this Dry Cleaners business has built a huge and loyal customer base as well as continuing to attract new business due to its central location.

It is situated in Greenwich, London SE10, within a vibrant area. Positioned prominently on High Street, it benefits from a bustling intersection surrounded by residential neighbourhoods. Conveniently, it is within walking distance of a bus stop, a mere 4-minute stroll from the train station, and is sandwiched in between two major supermarket brands therefore, naturally creating a lot of footfall.

The shop is well kitted out with 2 pressers with steam irons, a finishing table with its own electric boiler, a Bowe P525 Dry Cleaning machine, a steam boiler, an 18kg washing machine, a big capacity dryer, a sewing machine, a felling machine, an overlooking machine, and a polythene cover application. There is stock in place to run for several months.

Key selling points:

*Well established
*Excellent reputation
*Busy trading location
*Wide range of tailored services offered
*2nd floor storage space for products/stock

Scope for further growth -

*Increase marketing and advertising
*Trade longer
*There is scope to engage with local hotels to negotiate cleaning contracts

*Open to offers. Viewing is highly recommended.*

**Owner is open to selling lease and leave property as a vacant possession. Landlord will permit A3 licence on premises.**

Property Information

Property:

Leasehold

Lease Terms:

Renewal date June 2024

Leasehold Rent:

£27,500 per annum

Location:

Located in Greenwich, SE10, on the banks of the River Thames. Known for its maritime history, it's home to the Cutty Sark, a restored 19th-century ship, the huge National Maritime Museum, and the classical buildings of the Old Royal Naval College. The modern O2 arena sits on a peninsula to the north. Overlooking peaceful Greenwich Park, the Royal Observatory is the site of the Greenwich meridian line. Both DLR and mainline railways are within 5 mins walk.

Premises Details:

Front: Serving counter (with till) with automatic clothes rails and storage.

Rear: Equipment - 2 pressers with steam irons, a finishing table with its own electric boiler, a Bowe P525 Dry Cleaning machine, a steam boiler, an 18kg washing machine, a big capacity dryer, a sewing machine, a felling machine, an overlooking machine, and a polythene cover application.

Public car park at the front of the business (provided) and free parking to the rear of the premises (private).

Size in square feet:
929

Business Operation

Reasons for selling:

Retirement

Trading hours:

Mon: 8am - 5pm
Tue: 8am - 5pm
Wed: 8am - 5pm
Thur: Closed
Fri: 8am - 5pm
Sat: 8am - 5pm
Sun: Closed

Years established:
1973

Other Information

Support & training:

1/2 weeks of professional support can be offered to prospective buyer.