Excellent Lock up Dry Cleaners For Sale Surrey, United Kingdom Advert ref: DC415CG Business description
Established by the current owner twelve years ago, the business offers a same day dry cleaning service carried out on site with alteration, shoe repairs and leather cleaning sub-contracted. The majority of the customer base is regulars, which have been built up during the past twelve years primarily by word of mouth recommendations as very little advertising has been carried out. At present the only advertising is a small entry in the Thompson’s Local and the previous year was a similar entry in the Yellow Pages. No leaflet drops have been carried out other than when the business was initially opened. Average takings are in the region of £1,000 to £1,100 per week but are regularly in excess of this figure.
Years established: 15
Employees: Owner run.
Trading hours: 9.00 am to 5.30 pm Monday to Saturday.
Property: Leasehold
Lease terms
We are informed that there is approximately six years remaining from the twenty year lease which is full repairing and insuring, with the rent at £5,400 pa. There is five yearly rent reviews and a five yearly break clause.
Location
Situated on very busy main road in the town centre of this very nice, affluent, residential area. The business is within a long parade of shops with lots of free parking outside and nearby, and also benefits from larger high street retailers within the same area such as Woolworth, Unwins, Alldays, Co-op, and the post office.
Expansion potential
There is obviously potential to extend the opening hours and pick up the business from people travelling to work via the busy main road that the business is located on. There is also good reason to mail-shot the local area and surrounding towns.
Reasons for selling
The vendor is reluctantly selling due to increased family commitments.
Related documents
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| | Financial details Asking price: £40,500
Sales revenue: £50,000
Net profit: < £100k
Furniture / Fixtures value: £15,000
Inventory / Stock value: Undisclosed Photos 
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