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Dry Cleaning Business For Sale

Altona, Victoria, Australia
Asking Price:
$450,000 (AUD)
Sales Revenue:
$325,683 (AUD)
Cash Flow:
Not applicable

This Dry Cleaning business has been established for over 60 years and the current owners have been there for 32 years. It has come time for retirement.

This business is located 13 km southwest of Melbourne's Central Business District within the City of Hobsons Bay area. This dry cleaner has its own driveway for customers to drive through and drop off or pick up, ensuring the utmost convenience. Not to mention a 24-hour door with an automated system, making this business stand out from other dry cleaners. The vendors have run out of steam and this business is ready for the next family to come in and continue the success for their own family.

This Dry Cleaning business has also grown accordingly and will continue to grow, as the apartment and unit developments also continue in the area. This Dry Cleaner has not relied on local population growth alone. Depots have been started over the years at 7 locations. 4 of these are still active while the others have simply been lost to vendors not having the time. The remaining depots combined produce around $60,000 turnover for the business each year. In addition, a 24x7 vending facility has been installed in the front wall of the business for the convenience of the many early-at-work or late-home rail commuters, who now populate the area and pass by the business on their walk to/from the station or drop garments in for cleaning on the weekends.

Modern technology has also been utilised, with automated emails advising customers when their garments are ready and a fully automated numbering and rack system that rotates the long rack to the garment required at the cash register or 24x7 machine. Environment-friendly chemicals were chosen when they first came out to give the business a responsible, competitive edge. All major business cleaning and pressing equipment have been renewed within the last five years.

This business’s turnover is approx $320,000 pa. The business has bounced back from COVID and is going strong, reaching takings per week at the same level as pre covid. Rent is $850 per week with a new lease available.

For further information please contact Senior Business Broker Petros Margaritis.

Ref: B13977

Property Information

Real Estate:

Lease

Lease Terms:

New Lease

Location:

This business is located 13 km southwest of Melbourne's Central Business District within the City of Hobsons Bay area

Business Operation

Reasons for selling:

Retirement

Trading hours:

6 days; Monday - Friday, 8:30am - 5:30pm; Saturday 8:30am - 1pm

Employees:
2 FT Owners
Years established:
60+

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