Business for sale

Business description

Location This business is located in Buckinghamshire. (Registered users can see full location details)


Turnover WE ARE INFORMED the turnover is in the region of £1,250/£1,150 p.w. in our opinion offering tremendous potential for further increase in the right hands. (We understand the split of turnover is approx. £1,100 p.w. in respect of dry cleaning with the balance from the launderette). We are further advised that the sales year ending 5th April, 2005 showed £55,893 with a gross profit of £47,490.

Charges in respect of the Launderette -
Small machine £4.00 per wash
20lb machine £5.00 per wash
Large machine £6.00 per wash
Tumble driers £1.00 per 8½ minutes
Spin Dryer 20p per cycle
Service washes basic price plus 50%


Price TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £37,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT


Features No parking restrictions.

Spacious DOUBLE FRONTED premises, part carpeted plus rear section tiled floor, suspended ceiling with concealed lighting. Counter, electronic cash register.

Firbimatic 810L Dry Cleaning Machine, 2-15lb Nordwash front loading washing machines, 2 Nordwash 20lb front loading washing machines, 2 Nordwash 25lb front loading washing machines, 3 gas tumble driers, spin dryer

Rear work section with Hoffman press, bagging machine, rotary cabinet, boiler

Staff w.c.

Small kitchen area


Staff The business is at present staff operated. Staff employed 1 full time plus 3 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.


Opening Hours Monday - Friday inclusive - 8 a.m. - 5.30 p.m.
Saturday opening - 8 a.m. - 2 p.m.
Sunday opening - 9 a.m. - 1 p.m.
The business closes on all bank holidays


Outside Car parking space for 1 car.


Tenure We understand the premises are held on a secure renewable lease, the present lease expiring on the 25th August, 2009 at a rental of £9,500 p.a. exclusive of rates.

We further understand that the landlord, subject to satisfactory references, is prepared to consider a surrender of the existing lease and the granting of a new 15 years lease, at rent and terms to be agreed.

Uniform Business Rates: £1,000 p.a. approx. + water rates

PESONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : M2208