Sold - Dry Cleaning And Laundry Business – Qld

Business Sold BS155688 BS155688, Cairns, Queensland 4870

Business Category Cleaning

SOLD

Description

Sold - Dry Cleaning And Laundry Business – Qld

Business ID: BS155688

Well-established, 5-star, and (2023) award-winning business. YE2023 revenue $714,000 – Gross Profit $697,442. Net Profit $198,291.

The business provides dry cleaning and laundry services to hotels (including valet cleaning for guests), motels, air B&Bs, sports clubs, cleaning companies’ uniforms and tourist businesses.

They provide state-of-the-art cleaning technologies for all garments, linen, and furnishings, and being committed to protecting the environment do not use any harmful or toxic chemicals, all are EPA-approved.

For example: they use a Hydrocarbon process which is the most environmentally friendly of dry cleaning technologies via a close-circuit dry cleaning machine thus avoiding emissions of any cleaning solvent to the environment.

The laundry service utilizes brand-new state-of-the-art machines and processes to provide consistent results.

Recent business growth has necessitated the installation of new additions to the inventory list:

- 300-litre gas boiler

- 100 kg washing machine

- 80 Kg Gas Clothes Dryer

(All equipment is included in the sale).

A network of 24 dry cleaning agents has been established throughout the region and could be expanded.

A recent move to a new, 380 sqm facility at a convenient city location (made in anticipation of growth and development) incorporated new wiring, plumbing and infrastructure necessary for expansion.

The owner will provide training & introductions to facilitate a smooth transition.

With a big future and need for expansion not too far away, their main clients are making a move to fully embrace the services of this operation meaning full linen service.

It is now timely for further investment. The ideal purchaser would be an existing dry cleaning and laundry business wishing to expand their company footprint in FNQ. This business’s strong reputation and established relationships would be the ideal vehicle on which to build.

Now is the best time to grab this business and make the most of the opportunity available.

Asking Price: $580,000

Property Code: 3641
Contact Seller
Xcllusive Business Sales

Bsale ID: 628567
Broker REF: xcllusive_49_1135

Xcllusive Business Sales Pty Ltd