Business Summary:
LOCATION
Our client is ideally situated with a prime high visibility location on a purpose built small parade of an affluent town in Berkshire. Other complimentary business on the parade include a Co-Op, a fish & chips, doctors surgery, pharmacy, bookies, newsagents, hairdresser and a carpet shop. They all contribute in attracting high footfall levels to the area. Residential properties surround the parade and there is a bus stop immediately in front of the shop.
The parade has its own free of charge car park with additional facilities available on street. The shop is reached via the A329, which is a feeder road into Reading centre, which is approximately 4 miles away.
THE BUSINESS
Advent Business Sales have been instructed to offer for sale this extremely well - established dry cleaners, which has been trading successfully for over 11 years.
The current vendor has been in ownership for just over 1 year and has only now reluctantly decided to offer the business to the market as he wishes to concentrate on his other business.
The business has in July 2008 invested in new equipment which includes:
• Renzacci Progress 35 dry cleaning machine
• Rotary forming cabinet
• Post spotting table (water and steam)
• Ironing board with professional iron
• Hydrovane compressor.
It is expected that a new buyer would take over the repayments, which are £421 + VAT a month from July 2009.
The business offers a premium dry cleaning service with all items being hand ironed.
100% of the business is generated from walk in customers only due to its excellent location, with many clients returning on a regular basis.
We are advised that stock at cost is approximately £1000.
REF 9084RG
STAFF DETAILS
The business employs 2 part time staff, one of, which works 4 days a week with the other working 1½ days. Our client only works ½ day a week.
TRADING HOURS
Mon-Fri: 8.00am – 6.00pm
Sat: 9am – 6.00pm
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Weekly sales: £950
Gross Profit: 90%
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES
A modern ground floor retail unit decorated and equipped to a high standard and briefly consisting of the following:
Ground Floor
- Central entry door into the main sales area with serving counter and EPOS system
- Racked for storage of dry cleaning ready for collection
- Through to main workshop area with previously described equipment
- Rear office, w/c and small kitchen area
- Back access door
|
|
|
