Dry Cleaning with a View X 2

12 days ago

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Internal Ref: 4177

Summary

This business is a third generation Dry Cleaning business located around Lake Macquarie & Newcastle region. You get 2 stores for the price of 1. The business has been established for over 50 years ...

About the Business

This business is a third generation Dry Cleaning business located around Lake Macquarie & Newcastle region. You get 2 stores for the price of 1. The business has been established for over 50 years and has been handed down from one generation to the next.

Price $219,000

Revenue $7,500 pw

Rent $1,000 & $400 pw

Adjusted Net Profit $2,000 pw

State of the art Machines (majority are less than 5 years old)

Lease 5 X 5 X 5

Priced to Sell

This long-established business has 2 stores and operated by the same owners for the past 3 generations, over 50 years. Shop one attends to all the dry cleaning and shop two receives items and attends to textiles services.

It is a profitable and modernised operation with staff assisting in the daily operations. Regular customers include residents and many businessmen, clubs, etc who work in the vicinity.

The business is in an excellent position on the ground level close to Lake Macquarie. They have high quality, industrial working equipment which is unencumbered.

The work performed includes dry cleaning of general garments cleaned and pressed daily, specialist dry cleaning of wedding gowns, suede and leather as well as furnishings, alterations and repairs and reproofing., dyeing of favorite garments, etc.

The reason the owner is selling is due to personal matters and a change of lifestyle.

For further information, please contact Dani Rifai (Lic. 10064471) on 0411 870 977 or email dani@bagents.com.au.

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