PROFITABLE LAUNDRY SERVICE BUSINESS WITH STRONG CUSTOMER BASE

Industry: Professional - All, Professional - Brokerage, Professional - Internet, Professional - Property/Real Estate, Technology - Online Services, Professional - All, Professional - Brokerage, Professional - Internet, Professional - Property/Real Estate, Technology - Online Services | Listed by: No Agent Business


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About the business

Phone enquiries - please quote property ID 20262.

Large Laundry Service Business, operating for 43 years with strong clientele in the accommodation, hospitality, hotel, motel, restaurants, units, B&Bs sector. Very loyal clients with continual repeat business. Covers a wide area right from Stanbrook to Armidale, out to Inverell, Gunnedah, Narrabri and Moree.

This profitable business is ideal as a family business. The business can practically run itself with good procedures and staff in place. Most staff are on a part-time or casual basis. Excellent hours trading just Monday – Friday. Although already very profitable there is a huge opportunity to expand should a new owner desire.

The sale price includes all fixtures, fittings and equipment. Main items include:-

* Ironer, sheet folder, washers and dryers.
* Boiler x 1
* Tying Machine x 2
* Water Softening Plant
* Compressors
* 3 Vans plus a trailer are also included.
* 10 ton truck (Fusofighter)
* Stock will be sold at valuation (usually around $10,000-$20,000)
* A full list of inclusions can be provided to genuine interested parties.

The premises will be leased with negotiable, long-term lease. The premises are set on a large half acre block with factory and plenty of room for delivery trucks and cars.

This is an ideal opportunity to purchase a well established and sound business, that is run like clock-work. Owners only selling due to retirement.

Due to an increased workload we have had to put on a second shift.
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Asking Price:

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Yearly Profit :

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Country

Australia

State

New South Wales

Suburb

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Postcode

2370

Locality

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Established on
1999

Revenue

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EBITDA

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No. of employees

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Lease period

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Stock

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Advertiser Details
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Victoria
Australia
Thinking of buying this business?

Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. So before you make that offer, there’s a few things you should consider to determine whether or not this business is right for you. In a nutshell these include:

  • Ensure the seller is 100% verified by us
  • Can you afford it? Do you need financing to assist with the purchase?
  • Have you done enough research - industry analysis, competitors, revenue and so on
  • Ask the seller some questions - reasons behind the sale, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified etc
  • Make sure it’s the right business for you!

In a nutshell, a business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met. Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private.

Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.

Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. Once satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. Here you can also invite any advisors, brokers or lawyers you may have to help make the deal happen. You can even enlist Eden’s personal network of buying professionals to assist you with the entire buying process.

From start to finish, the entire business transaction can be done through the Eden Exchange platform.

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