Dry Cleaning - 2 Sites - Retail - CB1503

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$300,000

Description

Dry cleaning business with a long established reputation for great results. Specialising in wedding gowns and other clothing requiring high quality results, the business has great exposure to heavy foot traffic due to close proximity to major super market. Also included in the sale is a further site ( Site 2 ) in a nearby Shopping Centre, opposite a large discount store, which was leased Aug 2023, and consists of an attractive kiosk of 15 sq. mts. garnering the attention of passing shoppers. Site 1 equipment includes dry cleaning machine, new Samsung 7.5kg washing machine, new HiSense 9.0kg dryer for processing the cleaning requirements of both sites, whilst Site 2 has a large commercial ironing board for on-site processing.

Potential

Ideal for business couple - Upgrade website - Target social media - Create more client hanging space.

Features

Great position - Long established - Strong local support - Good exposure to passing foot traffic - Good lease - Minimum staff required.

Premises

Very tidy premises with excellent utilisation of available space, and enjoying strong passing foot traffic.

Location

Prime location near major supermarket in thriving South West Sydney shopping centre.

Trading Hours

7 days - Monday, Tuesday, Wednesday, Friday & Saturday: 9.00 am to 5.00 pm. Thursday: 9.00 am to 7.00 pm. Sunday: 10.00 am to 2.00 pm.

Lease

Current lease commenced March 2022 + 5 year option - Increases 5% - Bond 5 months.

Employees

Site (1) - 1 owner - 1 presser with Site (2) - 1 presser Monday to Wednesday and 1 presser Thursday to Sunday.

Comments

Misc.- 1 - Computer expenses - Trade waste and security included in rent - Computer software is DCME POS - Financials are totals for both shops - Additional outlet was leased Aug, 2023 for 5 + 5 years with increase 4% and bond of 3 months.

SBX ID

CB1503

Figures
  • Takings: $9000/week (GST)
  • Cost of Goods: $600
  • Gross Profit: $8400
  • Rent: $1810
  • Wages: $3250
  • Telephone: $45
  • Insurance: $170
  • Electricity: $250
  • Misc 1: $70
  • Total Expenses: $5595
  • Nett Profit: $2805
  • Estimated Stock (Additional): $1000
  • All other values ex GST
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