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8763B BIRMINGHAM L\H£115000 PHOTO PROCESSING/DRY CLEANING

Asking Price: GBP 115000
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Business Location: United Kingdom » Birmingham » BIRMINGHAM 
Category: Services » Other Personal Services
Description:
LOCATION
Our client is located on an extremely busy community shopping and eating road south of the multi
ethnic city of Birmingham, away from its local position the area is extremely residential.
Additional advantage is given to this business, as it is on a traffic light controlled crossing, thus
raising its prominence to both commuter and visiting motorist.
As it is within a main shopping area, it goes without saying that footfall is extremely high. Of its
retail category it is completely monopolistic in its mix of offer and for this reason does not suffer
seasonal ‘highs and lows’.
THE BUSINESS
Advent Business Sales is pleased to offer to
the market this extremely well established
photo processing and dry cleaning business,
which was established by its owner in 1980.
It has reluctantly been placed in our hands
due to other pressing business interests.
Originally started as a dry cleaners, who also
do clothing repairs and alterations, the
business expanded into photographic
processing and picture frames, thus
smoothing over the annual decline in dry
cleaning in summertime with the high
demand for photographic work in the same
period and a reverse situation in winter time.
On the photographic side of the business, the
offer includes transference of video to DVD,
specialised picture framing with/without
surrounds, ordered for samples as well as
passport photos, photocopying both in black
and white as well as colour, photo albums
and a fax facility.
The owner and his wife together with 1 part
time employee staff the business.
An offer has been made by the owner to
whoever takes over, in that he would cover
shop staffing over a holiday period for a new
owner if required.
A well thought out and run business which
cannot fail to continue to succeed if bought
by a person willing to give 100%
commitment to its running.
You can purchase the empty lease for a price of £59,000
 
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Financial Information:  
Annual gross sales: (GBP) 70000
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area:
Year Established: 1980
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 1PT
No of trading hours: Mon – Fri: 9am – 5.30pm Sat: 10am – 5pm
Reasons for selling:
It has reluctantly been placed in our hands due to other pressing business interests.
Market competition and expansion:
The present owner informs us that there is a local demand for a pick up service close to the business and a demand for leather and suede cleaning. Demand is also high for a laundry service and there is ample space to put in a commercial wash machine and dryer to facilitate this. This, we are led to believe would increase turnover by at least £30,000 per annum
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