Internal Ref: B15121
Summary
An outstanding opportunity to acquire a long-established commercial laundry and linen hire business generating approximately $1.5 million in annual turnover and operating under management.
Revenue
$1,500,000 pa
Rent
$60,000 pa
Lease
Lease commenced February 2025 with 3-year term plus two further 3-year options
Reason for Sale
Vendor relocating overseas
About the Business
An outstanding opportunity to acquire a long-established commercial laundry and linen hire business generating approximately $1.5 million in annual turnover and operating under management.
Established for approximately 17 years, the business has built a strong position within the industry, supported by an established customer base, experienced workforce and substantial investment in commercial equipment and linen inventory.
With an experienced team already in place and significant operational infrastructure, the business provides an incoming purchaser with an established platform from which to continue operations and pursue further growth.
Importantly, the business is currently run under management, offering flexibility for a purchaser to retain the existing structure or become more actively involved to potentially improve returns.
Demand increases during the peak summer period, with extended operating hours and additional seasonal staff engaged for approximately 6–8 weeks.
The current owners have operated the business for the past three years and are now selling due to plans to relocate overseas.
Key Features
Approx. $1.5 million annual turnover
Established approx. 17 years
Run under management
8 full-time and 7 casual staff
Additional 3–5 staff during peak summer
Rent approx. $5,000 per month including GST
Lease commenced February 2025 with 3-year term plus two further 3-year options
Established customer base and operational infrastructure
Significant equipment and linen inventory
Strong seasonal demand
Vendor relocating overseas
A substantial operation that would suit an experienced owner-operator, industry participant or strategic purchaser looking to acquire an established commercial laundry and linen hire business.
For further information and to arrange an inspection, contact Chris Panagiotidis on 0433 582 533.
Ref: B15121
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