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Business for sale in United Kingdom - Ap013-busy dry cleaning and laundry business-north west london

Asking Price: 180,000 £ Real Estate: Lease
Sales Revenue: 155,000 £
Net Profit: 96,000 £
Year Established: 2000
Employees: Not Disclosed
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/City of London/North West London

Business types:

Services

Business categories:

Dry Cleaning & Laundry Services

Business description

With well-suited leasehold premises located on a busy road in north west london surrounded by dense residential areas occupied by people with busy lifestyles, this is a high quality, well-equipped dry cleaning, laundry and pressing business primarily serving domestic customers. It specialises in cleaning ladies and gents clothing, evening and formal wear, household fabrics, bedding and curtains. established for several years this dry cleaner and laundry has been a fixture in the local community throughout this time and is a firm favourite with its clientele offering as it does complete clothes and textile care. This business takes great pride in offering a high standard of customer service, whilst still operating realistic and competitive prices. The business maintains a high level of repeat business from the many customers that live and work in the area. The surrounding areas comprise several densely populated residential suburbs and the shop is highly visible on a busy main road among several other shops. Prominently positioned approximately 100 metres from a busy tube station this business is ideally located to take maximum advantage of the very high volumes of traffic passing its door every day, many of whom take advantage of the fast turnaround service offered, as they drop off their dry cleaning or laundry in the morning and collect when returning home in the evening. the fully equipped shop has been very well maintained and everything required to run a business of this nature is included and all maintained to the highest standards. with net profits circa 96,000 per annum this represents an excellent opportunity for any existing operator to add to their portfolio of dry cleaners outlets or for a new entrant to acquire a profitable, very well regarded dry cleaning and laundry outlet with a significant repeat customer base and excellent growth potential. customer service: the business has the systems, processes and people to ensure that both productivity and customers orders are satisfied. The most important aspect of customer management and satisfaction considered by the business is honesty and is responsible for the business retaining many customers and the reputation for which has led to the acquisition of many new customers. high quality service, with flexibility, honesty, reliability and good value, every order request is important and customers always come first. The result is self evident in the business s sustained level of repeat business. key strengths: the business is ideally situated just a couple of minutes walk from a busy tube station and located on one of the major thoroughfares in this densely populated area of north west london, this business enjoys high levels of awareness from passing traffic and custom. It is very well established and very profitable, with a loyal customer base, retaining a high level of repeat business, particularly amongst a number of customers returning on a regular basis and having done so for many years. the company has earned an outstanding reputation for its professionalism, service, (offering a very popular same day turnaround), reliability, flexibility, efficient order fulfilment and a willingness to help. It is very competitive whilst still being profitable. growth and expansion: the current market for this business s services is growing and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs. key opportunities: this is an outstanding opportunity to build on the existing services and customer base of this company. With a strong demand for services combined with a capacity to increase turnover, a new owner contributing fresh ideas and investment in resources will have every advantage of building on an excellent platform. this firm maintains an extensive base of satisfied customers, who appreciate the company s superior services. There are many excellent avenues for growth, especially with marketing investment and forecasts which are showing early trends for growth and development. advertising and marketing: the business has built up a superb reputation by word of mouth recommendation and enjoys a high level of repeat business, which is maintained by a strong client rapport, by valuing its customers and striving for the best in customer service. in the prominent position it enjoys, this business acts as its own advertising board attracting customers from the thousands who pass every day.

Additional information

Additional information: Not Disclosed
Support & training: The current owner will provide all necessary training and all relevant contacts to allow continuity of trading.
Reasons for selling: The business is for sale as a result of the vendors’ wish to follow other areas of interest.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Not Disclosed
Location: This business benefits from a glass double fronted aspect onto this very busy main road in North West London, just minutes walk from the nearest tube station and has a fully renewable lease at an attractive low rent giving very low overheads. On entry to the shop is a well placed counter with all the usual facilities to the rear, including all equipment and machinery for the dry cleaning, laundry and pressing service offered.

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