Dry Cleaning - Laundry - Major Centre
Business Code: AD1004
$720,000
Enquire now+ Estimated Stock (SAV) $5,000
Stock image for illustration only. Real photos are available after you register as a buyer.
Key Features: Dry Cleaners -Est 2011 -Western Suburbs Shopping Centre - Nets $7200 p.w
State: NSW
Suburb: Merrylands
Location: Positioned within a major, well-trafficked shopping centre in Sydney's Western suburbs with a large walk-in trade.
Premises: A well-presented retail shop with an area of 57 sq. mts. fitted out for dry cleaning operations with a retail frontage for related products and accessories.
Business Overview
Established since 2011, this is a specialist dry cleaning business offering garment care and related retail sales. The business is fully operational with a trained team of 5 full-time and 2 casual staff in place, providing a turnkey opportunity for a new owner. Full financial details, lease documentation and further information will be provided to qualified purchasers under 2 page NDA following a formal expression of interest.
Other unrelated business interests
Sale Reason
2011
Established
Customers have access to the shopping centre's on-site car park, providing convenient, ample parking for the centre's full trading hours.
Parking
5 full timers and 2 casuals. - One owner works between 30 - 35 hrs a week.
Employees
6 days - Mon. to Wed. from 8:30 a.m. to 5:30 p.m. - Thurs. from 8:30 a.m to 7 p.m. - Fri. and Sat. from 8:30 a.m to 5:30 p.m and Sunday Closed
Trading Hours
5-year lease to Dec. 2027 - . Further options to be discussed at the time of purchase. - Rent reviewed 5% fixed annually. - Bank guarantee is three months rent.
Lease
Features
- Location
- Location- Location
- Strong foot traffic
- Long established with a loyal local customer base. -Fully staffed.
- Long term lease available
- Retail add-on income from related products.
Potential
Strong scope to grow through extended trading hours by opening on Sunday's, added services such as alterations, repairs and corporate/commercial linen or uniform contracts, and local business account development. There is upside in building an online booking / pickup-delivery offering, expanding wash-and-fold or corporate laundry volumes, and increasing marketing within the centre's customer base.
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