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Dry Cleaning - Laundry - Major Centre - Dry Cleaners - Est. 2011 -western Suburbs Shopping Centre - Nets $7200 P.W For Sale

Sydney, New South Wales, Australia
Asking Price:
$720,000 (AUD)
Turnover:
$1,014,000 (AUD)
Net Profit:
$378,300 (AUD)

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 a 2-page NDA following a formal expression of interest.

Potential
Strong scope to grow through extended trading hours by opening on Sundays, 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.

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.

Premises
A well-presented retail shop with an area of 57 sq. m. fitted out for dry cleaning operations with a retail frontage for related products and accessories.

Location
Positioned within a major, well-trafficked shopping centre in Sydney's Western suburbs with a large walk-in trade.

Trading Hours
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

Lease
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.

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

Property Information

Location:

Positioned within a major, well-trafficked shopping centre in Sydney's Western suburbs with a large walk-in trade.

Business Operation

Expansion Potential:

Strong scope to grow through extended trading hours by opening on Sundays, 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 centres customer base.

Trading hours:

6 days - Mon. to Wed. from 830 a.m. to 530 p.m. - Thurs. from 830 a.m to 7 p.m. - Fri. and Sat. from 830 a.m to 530 p.m and Sunday Closed

Employees:
5 full timers and 2 casuals. - One owner works between 30 - 35 hrs a week.
Years established:
2011