Dry Cleaner in Western Sydney
Sydney Region, NSW, ID 197300
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Description
Asking Price: $250,000Business Overview:This is a long-established and highly stable dry cleaning business located in Western Sydney, operating successfully for over 30 years. The current owner has managed the business for the past 12 years and is now preparing for retirement, presenting a rare opportunity to acquire a well-positioned personal services operation with a strong local footprint.The business is recognised as the primary provider within its immediate catchment area, with the nearest competing operators located approximately 5 to 15 kilometres away, resulting in a strong and protected market position.Key Investment Highlights:* Strong local presence with over 30 years of trading history* Only major operator in the immediate area, supporting consistent demand* High customer satisfaction with a 4.5-star Google rating* Revenue for FY25 of approximately $241,000 including provable cash takings* Strong profitability with a 3-year average PEBITDA of approximately $128,000* Implied purchase multiple of approximately 1.95x PEBITDA based on asking price* Revenue split of approximately 85 to 90 percent retail customers and 10 to 15 percent wholesale agent partnerships* Secure 5-year lease in place with rent of $2,550 per month* Fully equipped premises of approximately 100 sqm* Sale includes plant and equipment valued at approximately $60,000 plus a 2017 LDV G10 delivery vehicle valued at approximately $18,000* Owner currently working 5.5 days per week and willing to provide up to 6 months of transition and training support* Existing casual staffing structure available to support continued operationsOperations:The business currently operates with one full-time employee, one part-time driver, and the owner, maintaining efficient day-to-day production at near full capacity due to strong local demand.Growth Potential:* Expansion into online booking and digital customer platforms* Development of pick-up and delivery service model across wider Western Sydney* Introduction of subscription-based residential and corporate service packages* Potential scaling of logistics and service reach beyond current catchmentThis is a proven, cash-generating service business with strong fundamentals, limited local competition, and clear opportunities for modernisation and expansion under new ownership.
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