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Laundry And Dry Cleaning Business For Sale in Reservoir Melbourne VIC

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Dry Cleaners Business For Sale Reservoir

Location:Reservoir, Melbourne, Victoria

Category:Laundry and Dry Cleaning, Dry Cleaning, Retail

Asking Price:$290,000

290000

  • Sales revenue : $312,000 pa
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Dry Cleaners Business For Sale Reservoir
  • Dry Cleaners Business For Sale Reservoir
  • Dry Cleaners Business For Sale Reservoir
  • Dry Cleaners Business For Sale Reservoir

Business description

Excellently located Dry Cleaning and Coin Laundry Business For Sale in Reservoir. This business has a high exposure corner location which has easy access by public transport. Just a short walk from the train station and along a bus route. And within a high density residential area.

• This is 2 businesses in one - a coin laundry and a dry cleaning business.

• The coin laundry has 12 Washing machines, of which 3 are jumbo washers and 7 dryers.

• Also offers alterations and repairs.

• Long established in the area.

• Turnover of $6,000 per week.

• Rent of $570 per week including GST for large premises with plenty of storage.

• Secure lease of 3x3x3.

• Operating hours: 6 days Monday to Saturday 7:30am to 6pm.

• Owner works with 1 full time and 1 part time staff.

Huge potential in this business for more passive income by installing time locks so the coin laundry hours can be extended.

For more information and to arrange an inspection contact Chris Panagiotidis or Elle Likopoulos on [Phone Number Censored] or via email at [Email Censored]

Other Information

  • Selling Assets: The coin laundry has 12 Washing machines, of which 3 are jumbo washers and 7 dryers.
  • Expansion: Huge potential in this business for more passive income by installing time locks so the coin laundry hours can be extended.
  • Years Established: 1988
  • Employees: 1 Owner FT, 1 FT, 1 PT
  • Trading Hours: 6 days
  • Reason For Selling: Family & Moving On
  • Lease Terms: 3x3x3
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