Business For Sale New South Wales
Business Category Dry Cleaning Other Retail
$145,000
Description
Successful Local Laundry On The Northern Beaches For Sale
Summary
Situated in local village shopping strip, the business generates a very healthy income for the owner. Open 5 days a week, the business provides Laundry and Dry cleaning to its customers.
Revenue
$159,746 pa
Rent
$20,445 pa
Expenses
$32,893 pa
Net Profit
$106,408 pa
Potential
Currently the owner opens 5 days a week. This could be increased to 6 days a week. There is also room to increase capacity by employing some more casual staff. Other ways to improve revenus would to offer pick-up and delivery
Skills
None required. Training will be provided in transition period
Hours
Currently 5 days a week, 9am to 5pm
Lease
1 year remaining with 3 year option
Employees
Owner and 2 part time casual
Reason for Sale
Becoming a Police officer
About the Business
The business is a local institution that has been in its location for over 10 years. The business provides onsite laundry services and some ironing plus outsources the Dry cleaning. The current and previous owners have run the business single handed with some casual staff.
The laundry has recently undergone some upgrades to the electrical and hot water systems.
The laundery has 4 industrail dryers, 3 industrial washing machines, 1 extra large washing machine and other equipment.
The business is located in a very affuent socio economis area on the Northern beaches where its customers prefer to outsource labor for domestic duties and such, the laundry is always busy.
History
The laundry has been located in the same position for the last 10 years. The current owner did not have any trouble taking over the business with no loss of the customer base
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