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Commercial Laundry - Ironing - Northern Beaches - (Code: F3179A)

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Price: $138,000






Weekly Takings (inc GST) $4,500
Cost of Goods $
Gross Profit $4,500
Rent $876
Wages $
Outgoings $
Telephone $60
Insurance $50
Electricity $50
Gas $120
Misc 1 $1,273
Misc 2 $
Total Expenses $2,429
Net Profit $2,071
Coffee Kilos P/W 0.0

Estimated Stock

$
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Commercial laundry doing regular laundering for sporting clubs, back packers, hotels, motels and restaurants providing a reliable pick up and drop off service. -Any dry cleaning is out sourced on a 50 / 50 basis. - The owners do some ironing when required. - Price includes a 2008 turbo diesel Toyota hiace - The business enjoys the patronage of some high profile sporting clubs which could lead to gaining further sports clubs in the future. - There is a possibility of getting more hotels as they have the only flatwork ironer on the Northern Beaches that can fold complete flat sheets. - Please note this is not a coin operated laundromat.

Potential
Could do social media marketing for the business to help attract more clients - Opportunity to add dry cleaning as part of the business.

Features
Short trading hours - Financial figures are available. - Recently upgraded equipment - Established for many years . - No experience necessary.

Premises
Large open premises with two shops joined together and easy acess for pickups and deliveries with a total area of 125 sq.mts.

Location
Prime street front location in busy commercial business district of Northern Beaches.

Trading Hours
5 days - Mon.- Fri. - 6.30 a.m. to 3.30 p.m. - some half days on Saturdays in summer.

Lease
Current lease expires October 2019 + 3 year option -C.P.I. rental increases - 1 month bond.

Employees
Two owners work full time in the business with no staff.

Comments
Since purchasing the business the vendors have upgraded a lot of the equipment and purchased two Ipso 35 kg washer extractors ($22400 each) plus an Ipso DR75 tumble dryer with reversing installation and compliance - An industrial ironer has been recently purchased worth around $80,000 and is included in the sale price. - The ironer is a single person feed capable of ironing 160 sheets per hour with fold and stacker. - Also the owners have purchased a 5 -8 kilo top load washing machine ($3000) -. A Primus 16 kilo front load hi spin was given a total overhaul by the current owners at a cost of. ($3000) -


SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXF3179A

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