Dry Cleaning – Laundry – Major Centre

For Sale

·
Western Suburbs

Business Code: AD1004

$720,000
+ Estimated Stock (SAV) $5000
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.
State: NSW
Suburb: Merrylands
Location: Positioned within a major, well-trafficked shopping centre in Sydney's Western suburbs with a large walk-in trade.
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.

Other unrelated business interests

Sale Reason

2011

Established

Customers have access to the shopping centre's on-site car park, providing convenient, ample parking for the centre's full trading hours.

Parking

5 full timers and 2 casuals. - One owner works between 30 - 35 hrs a week.

Employees

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

Trading Hours

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.

Lease

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.

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.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$19500
Cost of Goods
$375
Gross Profit
$19125
Rent
$2750
Wages
$5770
Telephone
$20
Insurance
$35
Electricity
$250
Misc 1
$2500
Misc 2
$525
Total Expenses
$11850
Estimated Stock
(Additional)
$5000
Equipment
(Included)
$100000
Net Profit
$7275
Price
$720,000
+ Estimated Stock (SAV) $5000
Price
$720,000
+ Estimated Stock (SAV) $5000
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