Coin Operated & Commercial Laundromat - Under Offer

Business Sold New South Wales

Business Category Hire Services Lawn Mowing

SOLD

Description

Coin Operated & Commercial Laundromat - Under Offer

An exceptional family owned business for over 40 years that is now within a popular growth area close to Maitland 30 minutes or so from Newcastle. This business has strong cash flow and profitability making this a great value opportunity.

This business represents amazing value ticking many boxes for all you buyers. Here is just a few key highlights;
• Proven and established business of over 40 years
• Offers cash flow with self service coin operation and strong commercial division
• Approximately $350,000 spent in recent years on leasehold improvements and equipment
• Upgrades and improvements this year costing $100,000 or so including a new Miele Commercial Ironer
• Energy efficient measures are in place
• New signage
• New long term lease securing your position
• Profitable business offering well over $250,000 in adjusted Net Profits for a working owner
• Current owner works around 10 hours per week with staff and systems in place

If you are interested in finding out more about this quality opportunity, please go to XXXXXXXXXX . Alternatively, email XXXXXXXXXX call us on 1300 BROKER ( XXXXXXXXXX ).

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This business is somewhat unique and has no similar competition in this region, category or price bracket.


Contact Seller

Bsale ID: 558365
Broker REF: 3312511

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