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Listing ID: 3026841

Business - Cleaning Busy shopping hub - 5.5 days - Nets $2415 pw -Established 40 years and owner retiring - Good potential for new owner For Sale

Sydney, NSW, Australia

$118000

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

Dry Cleaners - Laundry - Retail - Eastern Suburbs
SBX Business Code: SF1528
Retail dry cleaning business - Highest quality dry cleaning - Full service dry cleaner offering dry cleaning, laundry, pressing and ironing with lots of restaurants and a retirement home as commercial customers - 1 Dry cleaning machine Suprema and 1 Real Star dry clean machine 18 kg, 1 Barbanti jacket machine, 3 pressing machines, 2 x 10 kg. washing machine and 4 speed Queen Dryers

Potential
Introduce a 24 hour drop off box(STA). - Improve social media presence. - Could expand to 7 days - Expand the commercial side of the business - Do some local advertising and marketing

Features
Water included in the lease - Well established - Loyal clientele - Good foot traffic - Stable business - Great location.

Premises
Good size shop in a busy location with an area of 80 m2

Location
Situated in a busy shopping hub surrounded by cafes, restaurants, schools, university, hospital and high density residential in the Eastern Suburbs

Trading Hours
5.5 days - Mon. - Fri. - 7 a.m. 6 p.m. - Sat. - 8.30 a.m. - 1 p.m.

Lease
6 year lease expires in July, 2020 (A new lease should be available)- C.P.I. Increases - currently 2 month bond.

Employees
2 owners

Comments
Misc.- 1 - Other expenses and GST - A Rare opportunity to buy well established commercial laundry with lots of loyal customers - Good potential for a motivated new owner or couple - First time on the market - A must to inspect but please be discreet.
Figures
Weekly Sales $5100
Rent (ex GST) $1530
Wages $0
Profit $2415


SBX Business Code: SF1528

SBX Business Brokers

Property Details

Other Details

Premise Details:

Water included in the lease - Well established - Loyal clientele - Good foot traffic - Stable business - Great location.

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