Freehold Dry Cleaners, Laundry and Ironing Services and Alterations Business Located In The Solihull Area

Freehold Dry Cleaners, Laundry & Ironing Service & Alterations Business For Sale
Located In The Solihull Area
Ref 2164
Business information
Asking Price: £299,950 plus SAV
Leasehold Price: £49,950 Rent: £19,000 Service charge £800 per quarter
Turnover: on application
GP: on application
Stock: £1,000

Business rates £7,326

Business Description
Veritas Business sales are delighted to offer for sale this well established Dry Cleaners which is located in the Solihull area. The business was established 11 years ago by my clients and has been in their careful hands ever since. Reluctantly the business is now being offered for sale so that they can enjoy a well deserved retirement. Since ownership they have undertaken a complete refurbishment and invested in new state of the art equipment & technology along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not have to be spent for some time. The business is over seen by the owners but mainly operated by 5 part time member of staff who are all very competent and require very little management. They offer high quality services to include dry cleaning, laundry & ironing service along with alterations. We believe that there is further potential to increase trade by extending upon the current opening times, adding a website (not one currently), implementing a social media presence, undertaking a localised marketing campaign, taking on commercial work and maybe adding key cutting, shoe repairs and being a parcel pick up point. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade but also has so much untapped trade to target which is a great base to build upon and as such early viewing is strongly recommended.

Full details on application