Sydney Region, NSW, ID 157816
Asking Price: $250,000 Revenue (FY25): $241,000 PEBITDA (3-Year Average): $128,000 Implied Multiple: 1.95x PEBITDA (based on the asking price) An opportunity is available to acquire a long-established dry-cleaning business located in Western Sydney. Operating for more than 30 years, the business has built a stable customer base and strong local recognition. The current owner, who has operated the business for the past 12 years, is preparing for retirement and is offering a transition period to assist the incoming buyer. The business holds a strong local position, with the nearest major competitors located approximately 5-15 kilometres away. This has allowed it to maintain a consistent customer base and steady demand within its immediate service area. Key Investment Highlights: * Established local presence with a 4.5-star Google rating. * Revenue of $241,000 in FY25 (including provable cash). * High profit margins with a three-year average PEBITDA of $128,000. * Diversified revenue streams: approximately 85-90% retail customers and 10-15% wholesale agent partnerships. * Sale includes furniture, fixtures, and equipment with an estimated market value of $60,000. * 2017 LDV G10 delivery van included, valued at approximately $18,000. * Secure premises with a 5-year lease for a 100 sqm facility and rent of $2,550 per month. * Owner available to remain for up to 6 months to assist with training and transition. Growth Opportunities: The business currently operates using a traditional model and offers opportunities for further development by a new owner. Potential areas for expansion include: * Introducing online booking and digital service channels. * Expanding pick-up and delivery services across Western Sydney. * Developing recurring revenue through corporate or residential subscription services. Operations & Staffing: The business operates with a simple structure consisting of the owner, one full-time employee, and one part-time driver. Existing casual staff are available and capable of taking on a larger role in daily operations if required. Enquire today to request further information and discuss this opportunity.
