Summary
Dry Cleaning business SOR for sale. $650,000 PS The business is highly regarded within the local community as well as being the most highly awarded and profitable dry cleaners SOR.
Location Details
The business is situated opposite a very large/busy gym and is equiped with highly visible signage, large carpark and consistent turn over of passer-byers.
Potential
Current owners have not advertised or marketed the business over the last 4 years. More advertising will lead to higher sales
Skills
Easy to learn no special skills required
Hours
Owners only work 5 days per week. Husband approx 35 hours and wife approx 20 hours
About the Business
Dry Cleaning business (South of the river suburb) for sale. $650,000 PS
The business is highly awarded and regarded and has been operating successfully under only 2 owners for over 30 years.
The brand is well-known and recognized within the local community and is one of the largest, most highly awarded and profitable dry cleaners south of the river. The financials are available for review, demonstrating high profitability and consistent cash flow.
Turnover for the 2021/2022 financial year was in excess of $700,000 and 2022/2023 financial year was over $850,000. Last 3 years have shown double digit growth in turnover and current year is on track showing similar growth.
A substantial client database exists, with proven history of solid recurring income.
Word-of-mouth and repeat business account for most of the work.
The business is situated opposite a very large/busy gym and has highly visible signage.
Husband and wife run business along side excellent staff. Business operates 5.5 days per week with no cleaning on Saturday. Mon-Fri from 8.00am - 5:00pm, Sat from 9:00am -12pm. Typically, husband works from 8 to 3 M-F and wife works 9 to 1 M-F with weekends off. Earlier opening and closing will surely increase turnover.
Modern and well-maintained equipment with enough spare equipment available to expand or set up another fully functioning outlet.
Systems and procedures are already in place to ensure seamless operations. Fully operational website and social media accounts ensure multiple enquiries daily. Huge potential for growth by expanding into commercial cleaning opportunities and by opening longer hours. Advertising campaigns can be launched to reach out to more customers in other regions.
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