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Dry Cleaners - Laundry - Retail - Dry Cleaning - Dry Cleaning/ Laundry - Busy Shopping Hub - 5.5 Days - Nets $2415 Pw - Randwick For Sale

Sydney, New South Wales, Australia
Asking Price:
$118,000 (AUD)
Sales Revenue:
$265,200 (AUD)
Cash Flow:
$125,580 (AUD)

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 1Real 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.

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

Features
Water included in the lease - Well established - Loyal clientele - Good foot traffic - Stable business - Great location.

Premises
Good size shop in a busy location with an area of 80 m2

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

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)- -.-.-. Increases - currently 2 month bond.

Employees
One owners

Comments

Property Information

Location:

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

Business Operation

Expansion 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

Trading hours:

5.5 days - Mon. - Fri. - 7 a.m - 6 p.m. - Sat. - 8.30 a.m. - 1 p.m.

Employees:
One owners
Years established:
40 years

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