Profitable Dry Cleaning Business

6 Moore Street, West Armidale, New South Wales 2350

$150,000

Key Features

AI generated. Contact seller to confirm.

  • Sole dry cleaning business in Armidale
  • Two revenue streams: dry cleaning and embroidery
  • Strong cashflow security
  • Large service area with zero competitors
  • Established relationships with schools and university
  • Potential for growth through marketing
  • Turnover: Not disclosed
  • Net Profit: Not disclosed
  • Rent/Lease: Lease in place
  • Stock Value: Included
  • Established: 20 years

Business Details

Business Category

With interest rates starting to fall, there’s never been a better time to invest! This business is now 10% off its original price, making it the perfect opportunity for anyone looking to start or expand their entrepreneurial journey. Don't miss out on this incredible value!

Operating as both a drycleaners and embroidery, McMahons has two great revenue streams that work seamlessly together and offer great cashflow security.

As the sole dry cleaning business in Armidale, McMahons enjoys servicing a large area with zero competitors, with the nearest located in Tamworth (1.5 hours south) and Warwick (3.5 hours north). Located in a cool climate town, there is a large need for the dry cleaning of winter garments throughout the year, as well as servicing the numerous school & university functions. With agents in Walcha, Uralla, Glen Innes & Inverell, the service radius of this business is drastically improved with little additional overheads.

The addition of the embroidery 20 years ago was a great addon to the business, building off the existing relationships with the private schools & the university. These clients create a great foundation for this facet of the business. The embroidery still leaves plenty of room for a new owner to expand with the ability to promote online further.

With little to no current marketing, the steady growth this business has shown is a testament to the demand in the market, but also shows great potential for the new owner to promote and build it’s revenue, particularly that of the embroidery.

This business is a great opportunity for someone looking to be their own boss and walk into an already profitable business.

For more information, please contact Matthew Velcich ( XXXXXXXXXX ).

Disclaimer: All information contained is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries.

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Bsale ID: 589049

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