Old Established Dry Cleaners in West Sussex For Sale

Situated in a Parade, prominent trading position, residential area, West Sussex.

Turnover £ 2,350
Price £45,000

Features

Old Established Dry Cleaning

Ample customer's car parking as there are no parking restrictions in front of shop.

A well-established dry cleaning business with a loyal local customer base and steady income.

DOUBLE FRONTED PREMISES in the region of 2,500 ft² with tiled floor, sales counter, cash register, Dane Realstar dry cleaning machine, Body former, Compressor, Spotting table, Drystream till & conveyor clothing system, Domestic washer, Two automatic presses.

Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,350 p.w. The business currently achieves a turnover of around £100,000 + VAT per year and benefits from a dry cleaning contract worth approximately £10,000 per annum.

Staff

It is efficiently operated by two part-time counter staff who share hours and cover each other’s holidays.

Trading Hours

Monday, Tuesday, Thursday & Friday: 9:00am – 3:00pm
Wednesday & Saturday: 9:00am – 1:00pm

These reduced hours offer scope for expansion through extended trading or additional services.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2022 with reviews every 5 years (next review 2027) at a current rent of £12,500 p.a.

Owner looking to focus on other business interests.

NIL Business Rates after full relief (Please contact local authority to confirm)

IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 22,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote