Timpson Expands Dry Cleaning Services

Timpson Group franchise
Timpson Group Retail Service You Can Count On

The leading retail services provider in the UK

Published on

The 150-year-old high street cobbler Timpson once best known for shoe repairs and key-cutting has boosted its dry-cleaning service with the recent acquisition of the dry-cleaning arm of Johnson services group for £8.25m.

In recent years, Timpson has been growing its dry-cleaning services alongside mobile phone repairs and their traditional shoe repair service. With the purchase of Johnson services group dry-cleaning services, Timpson will be upping its offerings to high-end dry-cleaning services to diversify their existing range of services. Johnson services group which includes Johnson Cleaners, Jeeves of Belgravia and Jeeves International made a total revenue of ¢44.2m in December 2015 with profits of £2m.

In addition to their own shops, Timpson’s runs outlets in a myriad of Tesco and Sainsbury’s stores, accounting for a third of its revenues. As the shoe repair service has been on the slump for the past few years, the watch repair service has been smooth sailing.

As far as what the future holds for Johnson? It plans on writing a new chapter for their business, concentrating on expanding the higher margin textile rental business that provides linen and chefs white to hotels, restaurants and catering firms.

Johnson’s managing director, Chris Sander said: “We continue to successfully implement our strategic growth plan, with the disposal of the dry-cleaning business enabling us to focus our efforts on the ongoing expansion of our textile rental activities.”

Did you enjoy this article? Please rate this article
Average rating 5.0/5 based on 2 votes
These franchises may interest you
Your Local Takeaways franchise

Your Local Takeaways

By owning a Your Local Takeaways franchise, you will be putting yourself in the best position to run a localised food ordering platform to [...]

Read more ›
Minimum investment
£8,880
Food
Request
information
RE/MAX England & Wales franchise

RE/MAX England & Wales

Dream higher with a RE/MAX England & Wales franchise. Elevate your career, realise your vision, and move toward financial freedom with the [...]

Read more ›
Minimum investment
£10,000
Estate Agency & Property
Request
information
Tubz Vending franchise

Tubz Vending

Take advantage of this massive opportunity.

Read more ›
Minimum investment
£4,295 +VAT
Retail & Stores
Request
information
Ovenclean franchise

Ovenclean

Ovenclean, part of Franchise Brands plc, is the UK's original oven cleaning specialist with a large network of established franchisees and the [...]

Read more ›
Minimum investment
£10,000 +VAT
Cleaning
Request
information
The Travel Franchise franchise

The Travel Franchise

Joining the Travel Franchise is more than a chance to become your own boss and find financial independence. It’s a unique way to live your [...]

Read more ›
Minimum investment
£2,995
Travel & Leisure
Request
information
These articles may interest you

What awaits you at Franchise Expo Paris 2024

Decades of Evolution: Franchise Expo Paris Reflecting Market [...]


FRANCHISING EVENTS

Celebrating the best of the best in British franchising

The Elite Franchise Top 100 (EF100) is thrilled to announce the latest [...]


FRANCHISING EVENTS

The Future is Halal: Emerging Franchise Opportunities in the UK Halal Market

Embracing a Growing Market  In a world that’s becoming [...]


TOP FRANCHISES

8 Steps for Opening a Car Repair Garage

Transport is part of our daily lives. We drive to work, take the [...]


STARTING A FRANCHISE

Mastering How to Finance a Franchise with No Money

Franchising is often a more affordable way of becoming an [...]


FINANCING A FRANCHISE

2 Comments

Post a comment

Characters remaining: 250