Retail - Dry Cleaners - Alterations - Dry Cleaner - 5 1/2 days - High margins - Nets $3440 p.w.-South Sydney area - M2243

Retail - Dry Cleaners - Alterations - South Sydney - Agent SBX Code Number: M2243

Retail dry cleaners offering full service to locals. Average weekly takings including 3 sub agents ( laundry businesses, delivery, customer orders ) around $1000 net profit. The shop equipment includes 2 dry cleaner machines, 2 press machines, one washing machine, one dry only machine, one iron machine, one boiler machine and sewing machine etc. Long established for more than 30 years. Open 5 1/2 days per week.

Potential
Residential apartments in developing area will bring more customers. Could open 7 days to increase sales. Promote local marketing. Ideal for family business.

Features
No competition. Long established. Regular customers. Low rent. High margins. Solid income. Trading 5 1/2 days only. Growth potential.

Premises
Well presented shop with an area approx. of 80 m2.

Location
Prime location on shopping street in South Sydney area.

Trading Hours
5 1/2 days. - Monday to Friday 730 am to 5 pm. Saturday 730 am to 1230 pm. Sunday closed.

Lease
Currently monthly rental payable. New lease available (possible 3 + 3 term ).

Employees
Owner operator

Comments
The average weekly profit includes owner wage $1800 including superannuation. A good opportunity to buy this long established, high margins and solid profit dry cleaner business. The sale price includes the shop stock whatever is left. Training will be provided. All business details will be shown on the meeting with a serious buyer. Inspections and meetings must be through SBX business broker.

Figures
Weekly Sales $4500
Rent (ex GST) $662
Wages $0
Profit $3440

Agent SBX Code Number: M2243 - SBX Business Brokers

For more details, please email broker or call agents.