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
$3,740 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
Retail dry cleaners offering full service to locals. Average weekly takings including 3 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.
Features
No competition. Long established. Regular customers. Low rent. High margins. Solid income. Trading 5 1/2 days only. Growth potential.
Premises
Well presented shop with an area approx. of 80 m2.
Comments
The average weekly profit includes owner wage $1800 including superannuation. A good opportunity to buy this long established, high margins and solid profit dry cleaner business. The sale price includes the shop stock. 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.
SBX Code: M2243
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