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Reference M4738

Dry Cleaners in Rugby For Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, close to Costa Coffee, Asda, McDonalds, town centre, WARWICKSHIRE RUGBY

Turnover 1,200
Price 35,000

Features

Fully Equipped Dry Cleaners

SPACIOUS DOUBLE FRONTED PREMISES with full gas fired central heating. Counter, electronic cash register, Electrolux Wet to Wet Lagoon System, large
gas tumble dryer, commercial ironing table with iron etc.

Staff cloakroom with w.c. & wash hand basin
Kitchenette

The vendor has recently let part of the shop as a Beauty Salon on a 6 months trial period & is receiving a rental of 125 p.w.

Turnover

WE ARE INFORMED the turnover averages 1,200 p.w. in our opinion offering further potential to increase in the right hands. We are futher advised that the sales year ending November, 2016 showed 61,600 with a gross profit of 43,765.

Staff

The business is at present operated by the vendor on a part time basis with the assistance of 2 part time staff.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Monday - Friday inclusive - 8.30 a.m. - 5 p.m.
Saturday opening - 8.30 a.m. - 4 p.m.

Tenure

We understand the premises are held on a secure renewable lease the present lease having approximately 7 years unexpired at a rental of 13,000 p.a. exclusive of rates for the next 3 years increasing at that time to 14,000 p.a. exclusive of rates for the next 3 years and increasing at that time to 15,000 p.a. exclusive of rates for the remainder of the term.

Uniform Business Rates: Nil payable after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 7 YEARS AND THERE ARE GENUINE REASONS FOR SALE

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 35,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 17,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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