£49,999
Retail premises for saleLondon, England, United Kingdom SE14
Business
About this property
Business
Please quote reference B09782
Cogogo proudly presents to the market a long-established dry cleaning business located in the popular area of New Cross, South East London.
This reputable operation has been owned by the current proprietor since 2009 and benefits from an overall trading history of approximately 50 years, giving it strong brand recognition and loyal repeat custom.
The business focuses on traditional dry cleaning services and is known locally for reliability and quality workmanship. It is ideally suited to an owner-operator or a buyer looking for a straightforward, proven business with consistent income and manageable running costs.
The sale is prompted purely by health reasons, presenting a genuine opportunity for a new owner to take over a stable concern with further potential to expand services or increase marketing.
Early viewing is highly recommended with Cogogo.
Location
The business is situated in New Cross, a well-populated and vibrant area of South East London. The location benefits from steady footfall, surrounding residential housing, and proximity to local amenities and transport links.
Premises
The premises are well-presented and fully equipped for dry cleaning operations. Occupying a practical commercial unit, the property supports efficient day-to-day trading and requires no immediate capital expenditure.
Tenure
Leasehold. We are advised that the rent is approximately £19,000 per annum, and a new lease is to be assigned to the incoming purchaser. The business benefits from no business rates payable.
Hours
The current trading hours are:
Monday to Saturday: 8:00 am to 7:00 pm
Sunday: Closed
Staff
The business is currently run by the owner with the support of one staff member.
Financial Profile
We are advised that the business generates an annual turnover of approximately £65,000, achieving a net profit in the region of £19,000 per annum.
Please quote reference B09782
Cogogo proudly presents to the market a long-established dry cleaning business located in the popular area of New Cross, South East London.
This reputable operation has been owned by the current proprietor since 2009 and benefits from an overall trading history of approximately 50 years, giving it strong brand recognition and loyal repeat custom.
The business focuses on traditional dry cleaning services and is known locally for reliability and quality workmanship. It is ideally suited to an owner-operator or a buyer looking for a straightforward, proven business with consistent income and manageable running costs.
The sale is prompted purely by health reasons, presenting a genuine opportunity for a new owner to take over a stable concern with further potential to expand services or increase marketing.
Early viewing is highly recommended with Cogogo.
Location
The business is situated in New Cross, a well-populated and vibrant area of South East London. The location benefits from steady footfall, surrounding residential housing, and proximity to local amenities and transport links.
Premises
The premises are well-presented and fully equipped for dry cleaning operations. Occupying a practical commercial unit, the property supports efficient day-to-day trading and requires no immediate capital expenditure.
Tenure
Leasehold. We are advised that the rent is approximately £19,000 per annum, and a new lease is to be assigned to the incoming purchaser. The business benefits from no business rates payable.
Hours
The current trading hours are:
Monday to Saturday: 8:00 am to 7:00 pm
Sunday: Closed
Staff
The business is currently run by the owner with the support of one staff member.
Financial Profile
We are advised that the business generates an annual turnover of approximately £65,000, achieving a net profit in the region of £19,000 per annum.
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Monthly repayment
£250 per month
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