On offer is a well-established laundry shop with a nearly two-decade history of success. It offers a broad range of services such as washing, drying, folding, ironing, dry-cleaning and many more! It boasts a solid following, including domestic and commercial clients, resulting in its consistent turnover 365 days per year! It is a turnkey business that does not require much improvement, ready for a new owner to capitalise on its ongoing growth.
*Taking $4,200 PW
*140 sqm premises
*15-year lease (commenced 2016)
*With 2-bedroom dwelling (sublet)
*$1,200 rent less rental income ($537 PW)
*Comprehensive asset composition
*2 PT Staff; Minimal owner involvement
Tony Latessa and the team at LINK Melbourne are thrilled to present a longstanding laundry, ironing and dry-cleaning business to the market.
With 18 years of operation, this business has built a reputation for providing affordable and dependable end-to-end services, ranging from washing, drying and folding to pick-up and delivery services. The business has a loyal client base that includes prominent establishments such as butcher shops and health clinics, in addition to the domestic population.
Located in a rapidly expanding residential area with several apartments and flat developments underway, the business is open 365 days a year, ensuring maximum profitability. The impressive premises include a 140 sqm commercial space on the ground floor with a spacious workroom at the back. Upstairs, two separate dwellings are sublet for a combined weekly rental income of $537.
The business’s premises are equipped with top-of-the-line Dexter washers of varying sizes, as well as security systems and 3-phase power – all of which will be included in the sale.
Overall, this is a fantastic opportunity to acquire a well-established business in a growing area. It also presents significant potential for further growth and expansion through increased online presence and cashless payments.
To learn more about this exciting business acquisition opportunity, call Tony today!
Listing ID: 17011
Broker: Tony Latessa
Phone: +61 3 9819 4211 / +61 412 525 151
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
Register your details and receive priority email notifications about businesses for sale that meet your preferred price range, location or industry.
"*" indicates required fields