Highly Profitable Dry Cleaning Business – Toongabbie, NSW

Description

Business type: dry cleaning, laundry and alterations

Location: Toongabbie, New South Wales

Distance from Sydney CBD: approximately 30 km

Annual turnover: approximately $400,000

Net profit: approximately $300,000

Business overview

Established dry cleaning business with multiple service streams.

Local reputation: strong

Customer base: established

Demand: consistent

Services

• Dry cleaning
• Laundry services
• Alterations
• Repairs

Financial performance

Annual turnover: approximately $400,000

Net profit: approximately $300,000

Income streams: multiple

Profitability: strong

Location

Position: prominent main street

Shopping centre: adjacent

Street exposure: strong

Transport links: established

Residential catchment: established

Premises

Internal space: spacious

Backyard area: additional space available

On-site parking: available

Operating setup: established

Plant and equipment

Plant and equipment value: approximately $1 million

Plant and equipment: included

Operational equipment: extensive

Team

Current operators: husband and wife team

Casual employee: one

Part-time employee: one

Staffing structure: established

Market

Local competition: low

Population growth: ongoing

Community infrastructure: established

Service demand: strong

Transition

Owner training: available

Operational support: included

Handover assistance: available

Buyer profile

Owner-operator: suitable

Couple: suitable

Investor: suitable

Opportunity

Established dry cleaning operation.

Strong profitability.

Substantial plant and equipment included.

Multiple service income streams.