Dry Cleaner in Western Sydney

Description

Asking Price: $250,000Revenue (FY25): $241,000PEBITDA (3-Year Average): $128,000Implied 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.