Buy a business

Well Established Dry Cleaners

Confidential Sale

East Sussex

Advert ref: 1046SPT

It is rare these days to be able to offer a business for sale with such a long successful history, so Business Partnership are delighted to represent this well established Dry Cleaning Business which first opened its doors over 25 years ago.

The current owners purchased the business over 16 years ago and have enjoyed many successful and profitable years of trading, at present the operation is primarily management-run with only minimal day-to-day input from the owner. Whilst it must be stressed that the current employees are extremely capable, hands-on management would facilitate the dual advantages of a potential reduction in wage costs, and a greater focus on marketing and operational matters.

The owners have stressed that the potential to expand this business is quite easy to be seen, being located in a very busy seaside town, by offering a collection and delivery service as well as offering a service to the local hotels of which there are around 70 would dramatically increase turnover.

This is a genuine retirement sale and a true turn-key purchase. It will be particularly attractive to individuals and couples looking to acquire their first business, and will also offer all the advantages of living and working in one of the most attractive parts of the country.

Key features:

  • Very long established Dry Cleaning Business
  • Successful, thriving business.
  • Outstanding prominent trading position within extremely popular & busy area.
  • Very well known business with superb opportunity to grow
  • Realistically priced opportunity offering excellent potential.

Property Details: Leasehold
Asking Price: £70,000 + SAV (Leasehold)
Lease Terms:

The current owners signed a new 15 year lease in 2019 which has a break clause in 2024, the lease is classed as a protected lease whereas the landlord is always obliged to renew at a fair rent.

The current rent payable is £7250 per annum.

Reason For Selling:
Due to personal circumstances, it is felt that this business is not being exploited to its full potential.

Trading hours:
Monday & Tuesday and Thursday to Friday 08:30-17:30

Saturday 09:00-13:00

Closed Sunday and Wednesday

Support & training:
Our client will provide a comprehensive business handover in order to ensure a smooth transition of ownership and continuity of trading.

It is our understanding that the business falls within the small business rate relief threshold so at present none are payable.

Each party will be responsible for their own costs associated with the transaction, and will be subject to Business Partnership terms and conditions.

Fixtures and fittings:
The business is very well equipped and fitted out to carry out its day-to-day trade with a full inventory of equipment to be supplied to seriously interested parties at the appropriate time.

We would also like to add that all of the equipment in the business has been fully maintained and is in excellent working order.

Well Established Dry Cleaners East Sussex

Financial Details

  • Leasehold: £70,000 + SAV
  • Turnover: undisclosed
  • Net profit: undisclosed
  • Fixtures value: undisclosed
  • Stock value: undisclosed