Business NO.:
3419418
Status:
Under Offer
Price:
$1,250,000
Plus SAV:
Yes
Updated on:
05/08/2025

ICONIC OPERATIONAL BUSINESS WITH ONGOING GROWTH

Cleaning | Business for Sale | 8-10 Anthony Street, Mount Gambier, SA, 5290

SOUTH EAST LAUNDRY

Since 1960 Mount Gambier has been home to the iconic Southeast laundry business located in the heart of the city.

Servicing over 200 major clients located throughout the of Southeast Limestone coast of South Australia and Western Victoria. This service business continues its strong growth of turnover and profitability from its central location in Anthony Street, Mount Gambier.

Major clients covering a diverse range of industries that include hospitality, restaurants, hotels, motels, medical facilities, aged care, holiday parks and short stay accommodation.

Quality plant and equipment installation that provides reliable operation enabling expansion of the business resulting in turnover increasing from $2.18m in June 2021 to approx $3.8m for the year ending 30th June 2025.

As a result of the additional work undertaken, average weekly tonnage of laundry processed has increased from 18 tonnes in 2021 to _ tonnes for the year ended 30th June 2025. It is forecasted to increase further in 2026.

The Business is offered for sale with a long term lease of 15 years available.

For more details, please email broker or call agents.


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22 Sturt Street,, Mount Gambier, SA 5290