Thriving Dry Cleaners/Laundrette in Chesterton,Cambridge for Sale
- Asking Price: £112,500 +SAV
- Turnover: The business reports a healthy turnover of £209,835 with reported gross profit at £188,485.
- Tenure: Leasehold
Hilton Smythe is delighted to introduce to the market this thriving Dry Cleaners and Laundrette. Originally founded in the 1990’s and successfully run and managed by our client since inception in 2007.
The business is extremely popular and very well known in the area. Revenue is derived from much repeat trade from its loyal client base. The business sees fantastic turnover of over £200,000 per annum and our client has successfully secured several contract accounts with 4 hotels for guest clothing and laundry, staff uniforms and bedding. We believe there is the potential to extend the contract work with a marketing campaign targeting other local businesses.
The business also offers a repair and ironing service and a busy collection and delivery service with 28 agents currently in situ. It is this exceptional customer service which has contributed towards the businesses excellent reputation and longevity.
This is a fantastic walk in trading opportunity with the business genuinely coming to the market as our client wishes to semi-retire.
The business is owner run and managed with the assistance of 2 full time and 2 part time members of staff.
The business opens:-
Monday to Friday 8.30am - 5.30pm
Saturday 9.00am - 1.00pm
This popular Dry Cleaners and Laundrette is located within a retail parade on a busy high street in Cambridgeshire.
We are advised leasehold.
The original lease length is 5 years, rent is £940 per month.