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Business for Sale Overview:

Operating from well-suited leasehold premises located on a small parade of shops just a couple of minutes outside the center of Reigate, this is a high quality, well-equipped dry cleaning business primarily serving domestic customers. It has also has a small but steadily increasing agency customer base which includes a local Post Office, an ironing company that also takes in dry cleaning, a clothes shop/outfitters, a nursing home, a local health and fitness center and the local offices of a major insurance company. It specializes in cleaning ladies and gents clothing, evening and formal wear, household fabrics, bedding and curtains. Established as a dry cleaners for almost twenty five years – there was a launderette on this site even before that – this business has been a fixture in the local community throughout this time and is a firm favorite 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 a realistic price list. 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 affluent residential suburbs and the shop is highly visible – the cornerstone of a very popular parade of shops. Prominently positioned as it is adjacent to a major traffic junction and with excellent free parking facilities 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 in the morning and collect when returning home in the evening.

Property Features and Assets:

This business operates from leased premises, in a secondary retail location amongst a small parade of shops. Parking is very easy. Approximately 1,000 square feet at a current rent of £8,250 per annum, the renewable lease runs until March 2009. Rates are £x,000 per annum.

Market Competition and Expansion:

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. Being in the prominent position it is this business acts as its own advertising hoarding – pulling customers in from the thousands who drive past every day.