Shop

A fabulous opportunity to purchase this well-established and thriving garment alteration business based on a main road in Bolton which is a busy road with a healthy footfall.

The business sits amongst other businesses and a residential area making the ideal spot for customers to call in with ease and it boasts many loyal and longstanding customers. 

The business offers the following services: Garment alterations, ironing and laundry services.

The business is currently owner run and has been established for over 22 years.

The business employs three additional part-time staff members.

Although the 2021/22 accounts were affected by COVID, the turnover in 2022/23 was increased by 30% on the previous year with a further 15% increase forecast in the current year (2023/24). 

The company enjoyed a healthy profit in 2022/23 and is currently forecasting an increased net profit for 2023/24, there is further scope to increase turnover and profits by increasing unit prices. If the same pricing structure of the leading high street brand was utilized, Turnover for the last year would have increased by 80% and net profits would have doubled for the same activity.

Included within the sale are a range of fixtures and fittings comprising a washing machine, two tumble dryers, seven interlocking clothes rails and over 1000 threads of over 160 colours.  

The shop boasts a corner position at the end of a terrace and is currently leased, a new lease will be available to continue the business on the same premises.

The area of the business is well-served by the public transport system, with bus stops within easy walking distance of the property. Bus links to the centre and other areas of Bolton as well as to nearby towns such as Horwich, Blackburn and Wigan.

There is ample on street parking to the front of the property and side of the property, with plenty more side street parking.