Visit this listing at https://www.sbx.com.au/business?id=SF1528

Business Code: SF1528

Key Features: Dry Cleaning/ Laundry - Busy shopping hub - 5.5 days - Nets $2415 pw - Randwick

State: NSW

Suburb: Randwick, 2031

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

Description

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 - Equipment in good condition.

Summary

  • Features: Water included in the lease - Well established - Loyal clientele - Good foot traffic - Stable business - Great location.
  • 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
  • Premises: Good size shop in a busy location with an area of 80 m2
  • 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 good new 5+5 lease should be available)- C.P.I. Increases - currently 2 month bond.
  • Employees: One owners
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$5,100

Cost of Goods

$150

Gross Profit

$4,950

Rent

$1,530

Telephone

$25

Insurance

$30

Electricity

$400

Misc1

$550

Total Expenses

$2,535

Estimated Stock (Additional)

$2,000

Net Profit

$2,415

Price

$118,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Dry Cleaners - Laundry - Retail - Dry Cleaning

Business Code: SF1528
Price: $118,000

Key Features: Dry Cleaning/ Laundry - Busy shopping hub - 5.5 days - Nets $2415 pw - Randwick

State: NSW

Suburb: Randwick, 2031

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

Description

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 - Equipment in good condition.

Summary

  • Features: Water included in the lease - Well established - Loyal clientele - Good foot traffic - Stable business - Great location.
  • 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
  • Premises: Good size shop in a busy location with an area of 80 m2
  • 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 good new 5+5 lease should be available)- C.P.I. Increases - currently 2 month bond.
  • Employees: One owners
  • Sale Reason: Retirement
  • 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. Potential plus

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Weekly Takings
(inc GST)

$5,100

Cost of Goods

$150

Gross Profit

$4,950

Rent (ex GST)

$1,530

Telephone

$25

Insurance

$30

Electricity

$400

Misc1

$550

Total Expenses

$2,535

Estimated Stock (Additional)

$2,000

Net Profit

$2,415

Price

$118,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.