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Dry Cleaning Business In Narre Warren For Sale

Narre Warren, Victoria, Australia
Asking Price:
$280,000 (AUD)
Sales Revenue:
$561,600 (AUD)
Cash Flow:
Not applicable

Dry Cleaning Business for Sale in the South East with new equipment

Long-established dry cleaning business for sale in Narre Warren in the South East with an excellent, high-exposure location in a busy shopping center. Recently have had new machinery valued at $50,000, installed.

Offers dry cleaning, laundry services, pressing and steaming of garments, repairs and alterations, and are specialists in cleaning and preservation of wedding gowns and cleaning of formal wear.

Has an excellent website and social media account, which new owners can use for further marketing and offering of specials.

The last 6 months this business has had a significant increase in sales, turning over $283,000. The approx average turnover is $10,800 pw, with rent of $12,000 per month including GST and outgoings. The lease is 7 years, commenced April 2018.

Owners have recently replaced the older dry cleaning machine with a newer one. And have also removed the old washer and dryer and have put in new machinery. Collectively, the new machinery is worth an additional $50,000. The new washer and dryer are also part of the new ‘wet cleaning’ systems, a new type of cleaning in the industry.

Trading Hours: 6 Days: Monday - Friday 8:30am - 5:30pm; Saturday 8:30am - 2:30pm.

Owners work part-time with 2 full-time dry cleaners, who can also work front of house, and 2 part-time staff who operate the front of house. This business can be run under management and be a passive income for new owners.

This long and well-established dry cleaning business is only on the market due to the owner's desire to retire.

Do not miss out, contact us for more information and book an inspection today.

Contact Chris Panagiotidis for more information.

Ref: B14116

Property Information

Real Estate:

Lease

Lease Terms:

7 Years Commenced 1/4/2018

Location:

Long-established dry cleaning business for sale in Narre Warren in the South East with an excellent, high-exposure location in a busy shopping center.

Business Operation

Reasons for selling:

Retirement

Trading hours:

6 Days: Monday - Friday 8:30am - 5:30pm; Saturday 8:30am - 2:30pm

Employees:
1 PT Owner, 2 FT Staff, 2 PT Staff 
Years established:
46

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