Profitable Illawarra Laundry & Dry Cleaning Business Ref9713
Business For Sale Wollongong, New South Wales 2500
Business Category Cleaning
$680,000
Description
Profitable Illawarra Laundry & Dry Cleaning Business Ref9713
• Two prime Wollongong locations
• Well-maintained, quality equipment
• Established business since the 1950's
• Mostly operates under management
• $1.1M turnover, $336K PEBITDA
• Building also available for sale
• Owner Retiring
This well-established laundry and dry cleaning business has been owned since 2014 from two ideally situated Illawarra premises. With quality equipment, including a new $50,000 boiler, and a stable team in place, the business mostly runs under management, providing a great opportunity for a new owner-operator or hands-off investor.
Financials are strong with $1.1M turnover and $336,000 PEBITDA.
Asking price for the business is $680,000, option to purchase the Wollongong freehold.
Long lease available. Plenty of potential to grow by expanding to new locations.
Inspection by appointment.
Price: $680,000 Ono
• Well-maintained, quality equipment
• Established business since the 1950's
• Mostly operates under management
• $1.1M turnover, $336K PEBITDA
• Building also available for sale
• Owner Retiring
This well-established laundry and dry cleaning business has been owned since 2014 from two ideally situated Illawarra premises. With quality equipment, including a new $50,000 boiler, and a stable team in place, the business mostly runs under management, providing a great opportunity for a new owner-operator or hands-off investor.
Financials are strong with $1.1M turnover and $336,000 PEBITDA.
Asking price for the business is $680,000, option to purchase the Wollongong freehold.
Long lease available. Plenty of potential to grow by expanding to new locations.
Inspection by appointment.
Price: $680,000 Ono
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.
