Dyeing Business and Property for sale - Penrith

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Camargue Business Brokers and Realty

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Summary

Fantastic business with great potential

Location Details

6/61 Batt Street, Jamiesontown, Penrith

About the Business

Premises at 6/61 Batt Street, Penrith (Jamiesontown) 2750
Business name: Colourchange Co Pty Ltd t/as cullachange

Use as Dyeworks – is the last dyeing business in Australia for the public.
https://cullachange.com.au/about

· Size is 200m2 with a mez of 80m2
· Value – circa $1.358m
· Has gas connection, solar 15kw, own separate water supply line, 4 carspaces, zoning E4 General Industrial, 2 toilets.
· Have trade waste agreement/contract with Sydney Water.

Business, had been operating for about 30 years.
· Recently relocated all of the business to Penrith with a new company formed.
· Have 3 months P&L’s only… Projected figures suggest Ebit at $50k pa… (can provide copies).
· Turnover about $25k per month, but this could be improved and is growing.
· National mail order service. Customer base of 68k
· Rent, which is the mortgage on the premises is at around $5k per month.
Would consider sale of business at $200k

Total $1.5m for business and premises.

Contact: Joe Singh
0422466225
Ilita Singh
0423265744
Camargue Business Brokers and Realty
Website: Camarguebusiness.com

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