Retail - Dry Cleaners - Alterations - M2243

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$150,000

Description

Retail dry cleaners offering full service to locals. Average weekly takings including 3 sub agents ( laundry businesses, delivery, customer orders ) around $1000 net profit. The shop equipment includes 2 dry cleaner machines, 2 press machines, one washing machine, one dry only machine, one iron machine, one boiler machine and sewing machine etc. Long established for more than 30 years. Open 5 1/2 days per week.

Potential

Residential apartments in developing area will bring more customers. Could open 7 days to increase sales. Promote local marketing. Ideal for family business.

Features

No competition. Long established. Regular customers. Low rent. High margins. Solid income. Trading 5 1/2 days only. Growth potential.

Premises

Well presented shop with an area approx. of 80 m2.

Location

Prime location on shopping street in South Sydney area.

Trading Hours

5 1/2 days. - Monday to Friday: 7:30 am to 5 pm. Saturday: 7:30 am to 12:30 pm. Sunday closed.

Lease

Currently monthly rental payable. New lease available (possible 3 + 3 term ).

Employees

Owner operator

Comments

The average weekly profit includes owner wage $1800 including superannuation. A good opportunity to buy this long established, high margins and solid profit dry cleaner business. The sale price includes the shop stock. Training will be provided. All business details will be shown on the meeting with a serious buyer. Inspections and meetings must be through SBX business broker.

SBX ID

M2243

Figures
  • Takings: $4800/week (GST)
  • Cost of Goods: $100
  • Gross Profit: $4700
  • Rent: $662
  • Telephone: $18
  • Insurance: $60
  • Electricity: $62
  • Gas: $158
  • Total Expenses: $960
  • Nett Profit: $3740
  • All other values ex GST
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