Dry Cleaners - Laundry - Retail - Modern
shop with good equipment - Busy corner location
Sales $6,500 p.w. - SF1554

Industry: Retail - All | Listed by: SBX Business Brokers

Key Strengths

About this business

Dry Cleaners - Laundry - Retail - Eastern Suburbs - Agent SBX Code Number: SF1554

Retail dry cleaner offering dry cleaning, laundry, shirt pressing, ironing - Can handle large volumes - No driving to pick up from agent, all revenue is in store, therefore higher margins and less work - Very streamlined and a low maintenance set up with European machines with no boiler and no gas - As new equipment valued at $150k.

Potential
An owner operator could increase sales and profit - Lots of new high rise being built nearby - Introduce a 24 hour drop off box (STA) - Could open 7 days - Service laundry customers - Provide linen ironing services to nearby businesses - Do some marketing and advertising.

Features
Beautiful shop fit out and branding - Good reputation - High quality European equipment - Nothing to spend - Easy to run - Stable business

Premises
One of the newest dry cleaning shops in NSW built with European equipment, with an area of 85m2

Location
Corner location on busy main road surrounded by high rise residential, shopping centre and other retail in the Eastern Suburbs

Trading Hours
6 days - Mon. - Fri. - 8 a.m. - 6 p.m. - Sat. - 8 a.m. - 3 p.m.

Lease
Current lease expires Aug, 2020 + 4 year option - CPI increases - 3 month bond

Employees
1 Manager + 1 fulltimer + 3 parttimers

Comments
Misc.- 1 - Other general expenses + GST - All European machines installed in 2014 - Equipment includes a fibrimatic 18 kg. machine, Barbanti electric shirt machine, Cocchi cuff and collar and a Cocchi closed system ironing station x 2 (with new steam irons), 18 kg. wet clean washer and 23 kg. wet clean washer, 18 kg. dryer, 23 kg. dryer and a heat seal bagging station - - First time on the market - Low power consumption - Financials available - A must to inspect but please be discrete.

Figures
Weekly Sales $6500
Rent (ex GST) $1000
Wages $2400
Profit $2660

Agent SBX Code Number: SF1554 - SBX Business Brokers