About the Business

On offer is a well-established laundry shop with a nearly two-decade history of success. It offers a broad range of services such as washing, drying, folding, ironing, dry-cleaning and many more! It boasts a solid following, including domestic and commercial clients, resulting in its consistent turnover 365 days per year! It is a turnkey business that does not require much improvement, ready for a new owner to capitalise on its ongoing growth.*Taking $4,200 PW*140 sqm premises*15-year lease (commenced 2016)*With 2-bedroom dwelling (sublet)*$1,200 rent less rental income ($537 PW)*Comprehensive asset composition*2 PT Staff; Minimal owner involvement Tony Latessa and the team at LINK Melbourne are thrilled to present a longstanding laundry, ironing and dry-cleaning business to the market. With 18 years of operation, this business has built a reputation for providing affordable and dependable end-to-end services, ranging from washing, drying and folding to pick-up and delivery services. The business has a loyal client base that includes prominent establishments such as butcher shops and health clinics, in addition to the domestic population.Located in a rapidly expanding residential area with several apartments and flat developments underway, the business is open 365 days a year, ensuring maximum profitability. The impressive premises include a 140 sqm commercial space on the ground floor with a spacious workroom at the back. Upstairs, two separate dwellings are sublet for a combined weekly rental income of $537.The business's premises are equipped with top-of-the-line Dexter washers of varying sizes, as well as security systems and 3-phase power - all of which will be included in the sale. Overall, this is a fantastic opportunity to acquire a well-established business in a growing area. It also presents significant potential for further growth and expansion through increased online presence and cashless payments.To learn more about this exciting business acquisition opportunity, call Tony today!Listing ID: 17011Broker: Tony LatessaPhone: +61 3 9819 4211 / +61 412 525 151Email: tony.latessa@linkbusiness.com.au
Ref: ME02474
Timestamp: 20240507053122