Business for sale

Business description

THE BUSINESS
Advent Business Sales is pleased to offer to
the market this extremely well established
photo processing and dry cleaning business,
which was established by its owner in 1980.
It has reluctantly been placed in our hands
due to other pressing business interests.
Originally started as a dry cleaners, who also
do clothing repairs and alterations, the
business expanded into photographic
processing and picture frames, thus
smoothing over the annual decline in dry
cleaning in summertime with the high
demand for photographic work in the same
period and a reverse situation in winter time.
On the photographic side of the business, the
offer includes transference of video to DVD,
specialised picture framing with/without
surrounds, ordered for samples as well as
passport photos, photocopying both in black
and white as well as colour, photo albums
and a fax facility.
The owner and his wife together with 1 part
time employee staff the business.
An offer has been made by the owner to
whoever takes over, in that he would cover
shop staffing over a holiday period for a new
owner if required.
A well thought out and run business which
cannot fail to continue to succeed if bought
by a person willing to give 100%
commitment to its running.
TRADING HOURS
Mon – Fri: 9am – 5.30pm
Sat: 10am – 5pm
EXPANSION POTENTIAL
The present owner informs us that there is a
local demand for a pick up service close to
the business and a demand for leather and
suede cleaning.
Demand is also high for a laundry service
and there is ample space to put in a
commercial wash machine and dryer to
facilitate this.
This, we are led to believe would increase
turnover by at least £30,000 per annum
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £70,000
Gross Profit: 70%
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
The shop is a corner site with windows on
both sides the door is oblique to the corner,
Fully alarmed with shutters and CCTV.
The inside of the shop is in the shape of an
L, with the counter repeating this format.
To one side of the counter is an instant kiosk
digital printer and also a computer
scanner/digitiser also a colour/black and
white photocopier.
Behind the counter and to the right hand are
rails for cleaned clothes, there is also a print
processor, APS roller/unroller machine and
a Mito 22, 22lb load dry cleaner.
To the rear of this is a small office, a
cleaning spotting table and gun and
additional hanging space.
To the rear of this area is a double bed
Hoffman press and a steam hand finisher.
A further room behind this house the boilers
and shop w/c.
For expansion, there is yet another room
behind this, which has been converted from a
garage.
TENURE: Leasehold
Original lease: 10 years
Remaining lease: 10 years
Review every: 3 years
Rent: £275 per week
We are advised that the annual business
rates are currently: £550
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office.