Dry Cleaner- 5 1/2 days -High margins- Nets $3140 p.w.-Sydney South area

3 days ago

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Internal Ref: M2243

Summary

SBX Code: M2243 - Long established dry cleaner business with low rent and high margins. No competition. Trading 5 1/2 days only. Stable income. Suit family business.

Rent

$662 pw

Net Profit

$3,140 pw

Location Details

Prime location on shopping street in South Sydney area.

Potential

Residential apartments in developing area will bring more customers. Could open 7 days to increase sales. Promote local marketing. Ideal for family business.

Hours

5 1/2 days. - Monday to Friday 730 am to 5 pm. Saturday 730 am to 1230 pm. Sunday closed.

Lease

Currently monthly rental payable. New lease available (possible 3 + 3 term ).

Employees

Owner operator

About the Business

Retail - Dry Cleaners - Alterations - South Sydney

SBX Code: M2243
pRetail dry cleaners offering full service to locals. Average weekly takings including 2 sub agents ( laundry businesses, delivery, customer orders ) around $1000 net profit. The shop equipment includes 2 dry cleaner machines, 2 press machines, one washing machine, one dry only machine, one iron machine, one boiler machine and sewing machine etc. Long established for more than 30 years. Open 5 1/2 days per week. -First time on the market after 24 years./p

Features
No competition.- Long established. Regular customers. - Low rent. High margins. Solid income. - Trading 5 1/2 days only. Growth potential. -Well priced

Premises
Well presented shop with an area approx. of 80 m2.

Comments
pKeen vendor needs to retire and will consider all reasonable offers. A good opportunity to buy this long established, high margins and solid profit dry cleaner business. The sale price includes the shop stock whatever is left. Training will be provided. All business details will be shown on the meeting with a serious buyer. Inspections and meetings must be through SBX business broker./p

SBX Code: M2243

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