Visit this listing at https://www.sbx.com.au/business?id=AD1004

Business Code: AD1004

Key Features: Dry Cleaners - Est. 2011 -Western Suburbs Shopping Centre - Nets $7200 p.w

State: NSW

Location: Positioned within a major, well-trafficked shopping centre in Sydney's Western suburbs with a large walk-in trade.

Description

Established since 2011, this is a specialist dry cleaning business offering garment care and related retail sales. The business is fully operational with a trained team of 5 full-time and 2 casual staff in place, providing a turnkey opportunity for a new owner.

Full financial details, lease documentation and further information will be provided to qualified purchasers under 2 page NDA following a formal expression of interest.

Summary

  • Features: Location - Location- Location - Strong foot traffic - Long established with a loyal local customer base. -Fully staffed. - Long term lease available - Retail add-on income from related products.
  • Potential: Strong scope to grow through extended trading hours by opening on Sunday's, added services such as alterations, repairs and corporate/commercial linen or uniform contracts, and local business account development. There is upside in building an online booking / pickup-delivery offering, expanding wash-and-fold or corporate laundry volumes, and increasing marketing within the centre's customer base.
  • Premises: A well-presented retail shop with an area of 57 sq. mts. fitted out for dry cleaning operations with a retail frontage for related products and accessories.
  • Trading Hours: 6 days - Mon. to Wed. from 8:30 a.m. to 5:30 p.m. - Thurs. from 8:30 a.m to 7 p.m. - Fri. and Sat. from 8:30 a.m to 5:30 p.m and Sunday Closed
  • Lease: 5-year lease to Dec. 2027 - . Further options to be discussed at the time of purchase. - Rent reviewed 5% fixed annually. - Bank guarantee is three months rent.
  • Employees: 5 full timers and 2 casuals. - One owner works between 30 - 35 hrs a week.
  • Sale Reason: Other unrelated business interests
  • Comments:

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Weekly Takings (inc GST)

$19,500

Cost of Goods

$375

Gross Profit

$19,125

Rent

$2,750

Wages

$5,770

Telephone

$20

Insurance

$35

Electricity

$250

Misc1

$2,500

Misc2

$525

Total Expenses

$11,850

Estimated Stock (Additional)

$5,000

Equipment (Included)

$100,000

Net Profit

$7,275

Price

$720,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Dry Cleaning - Laundry - Major Centre

Business Code: AD1004
Price: $720,000
+ Estimated Stock (SAV) $5,000

Key Features: Dry Cleaners - Est. 2011 -Western Suburbs Shopping Centre - Nets $7200 p.w

State: NSW

Location: Positioned within a major, well-trafficked shopping centre in Sydney's Western suburbs with a large walk-in trade.

Business Overview

Established since 2011, this is a specialist dry cleaning business offering garment care and related retail sales. The business is fully operational with a trained team of 5 full-time and 2 casual staff in place, providing a turnkey opportunity for a new owner.

Full financial details, lease documentation and further information will be provided to qualified purchasers under 2 page NDA following a formal expression of interest.

Summary

  • Key Features: Location - Location- Location - Strong foot traffic - Long established with a loyal local customer base. -Fully staffed. - Long term lease available - Retail add-on income from related products.
  • Potential: Strong scope to grow through extended trading hours by opening on Sunday's, added services such as alterations, repairs and corporate/commercial linen or uniform contracts, and local business account development. There is upside in building an online booking / pickup-delivery offering, expanding wash-and-fold or corporate laundry volumes, and increasing marketing within the centre's customer base.
  • Premises: A well-presented retail shop with an area of 57 sq. mts. fitted out for dry cleaning operations with a retail frontage for related products and accessories.
  • Trading Hours: 6 days - Mon. to Wed. from 8:30 a.m. to 5:30 p.m. - Thurs. from 8:30 a.m to 7 p.m. - Fri. and Sat. from 8:30 a.m to 5:30 p.m and Sunday Closed
  • Lease: 5-year lease to Dec. 2027 - . Further options to be discussed at the time of purchase. - Rent reviewed 5% fixed annually. - Bank guarantee is three months rent.
  • Employees: 5 full timers and 2 casuals. - One owner works between 30 - 35 hrs a week.
  • Sale Reason: Other unrelated business interests

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$19,500

Cost of Goods

$375

Gross Profit

$19,125

Rent (ex GST)

$2,750

Wages

$5,770

Telephone

$20

Insurance

$35

Electricity

$250

Misc1

$2,500

Misc2

$525

Total Expenses

$11,850

Estimated Stock (Additional)

$5,000

Equipment (Included)

$100,000

Net Profit

$7,275

Price

$720,000
+ Estimated Stock (SAV) $5,000

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All business and financial information provided is supplied by the vendor. SBX Business Brokers does not verify, adjust or interpret financial data. Buyers must rely on their own enquiries and independent professional advice. SBX Business Brokers accepts no liability for decisions made based on vendor-supplied information.