Dry Cleaners and Shoe Repairs Shop in Buckinghamshire For Sale

Shopping centre locality, prominent trading position, residential, office and commercial area, Buckinghamshire.

Turnover £ 5,800
Price £249,950

Features

Dry Cleaners and Shoes Repairs and Keys

DOUBLE FRONTED PREMISES WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with LEDlights, sales counter, EPOS till, Ranacci plant dry clean machine , Primus wet clean and laundry machine, Steam dryer, Finishing table, Compressor, Spotting table, Ironing table with steam iron, Electric Boiler with new elements and serviced, 2x Ipso dry cleaning system, Sewing machine, Over locking, Blind stitch, Shoe repair machine, Mustang Dimple machine, Cylinder key cutting machine, Mortice machine, 15,000 key stock, Services offered, Dry Cleaning, Laundry

Alterations and Repairs, Key Cutting, Shoe Repairs, Watch batteries

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,800 p.w. with a Gross profit of 85% approx. Split Dry Cleaning £3,500 p.w. and shoes / keys £2,300 p.w.

Staff

The business is at present operated by the vendor with 1 full time manager & 2 part time staff.

Trading Hours

7 Day week
MONDAY - FRIDAY 9am - 7pm
SATURDAY 9am - 6pm
SUNDAY 10am - 4pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2018 with reviews every 5 years (next review 2028) at a current rent of £37,000 p.a. + VAT In addition we understand there is a Service charge of £10,000 p.a. approx. + VAT

Business Rates from April 2025 £6,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £249,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 124,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote