Retail – Dry Cleaners – Alterations

For Sale

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North West Sydney

Business Code: M2153

$350,000.00
Key Features: Good location - . Long established since 2006. - Excellent reputation. - Loyal customers. - Newly renovated shop. -Excellent equipment. - Strong sales. - Very high margins - . Stable income.- 6 days.
State: NSW
Suburb: Kellyville
Location: Prime location in North West major shopping centre with high passing foot traffic.
Premises: New renovated shop with an area of 72 m2.
Price not disclosed

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Retirement

Sale Reason

2006

Established

Centre free parking

Parking

2 owners + 1 - 2 casuals

Employees

6 days, Monday to Friday: 8:30am to 5:30pm. Saturday: 7:30am to 3pm. Sunday closed.

Trading Hours

5 years lease commenced Dec. 2021. 4% annual increases. - 3 months rental bond $30,663.

Lease

Retail dry cleaners and alterations business offering full service to locals. – Average weekly takings $8000 for dry cleaners and $2000 for alterations. – High quality equipment includes Firbimatic 18 kgs loading of technological innovation dry-cleaning machine with environmentally responsible cleaning, 3 pressing machines, one washing machine, one dry machine, 6 sewing machines, steam spotting gun and steam iron etc. Currently trading 6 days. – The business provides 24/7 Drop off and Pick up self service. – Newly renovated premises at a cost more than $60,000 in May 2022.

Features

Good location - . Long established since 2006. - Excellent reputation. - Loyal customers. - Newly renovated shop. -Excellent equipment. - Strong sales. - Very high margins - . Stable income.- 6 days.

Potential

Could open 7 days to increase sales. - Set up own website and promote marketing. - Suit family business or couple. - Growing area with growing business.

Comments

The rent includes all outgoings.- The sale price includes shop stock-. Misc.- 1- bank fee for eftpos. - Misc.- 2-refers to rent for drop off and pick up box and $40 for POS system. - A rare opportunity to purchase this well established, high margins and solid profit dry-cleaning & alteration business. - All daily, weekly and monthly figures can be reviewed by the shop POS system. - Inspections must be through SBX Business Brokers.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$10000
Cost of Goods
$100
Gross Profit
$9900
Rent
$2307
Wages
$800
Telephone
$23
Insurance
$30
Electricity
$200
Misc 1
$80
Misc 2
$290
Total Expenses
$3730
Net Profit
$6170
Price
$350,000.00

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