Amazing Unique Commercial Laundry For Sale
Port Macquarie - Asking Price $450,000
Industry :
RetailSub Industry :
Retail HomeKey Strengths:
Low overheads & operating costsHuge growth potentialMinimal competitors in the area
Mats our Business is located in Port Macquarie and has been operating for over 30 years.
It’s a family-owned business, and with the current owners preparing for retirement, they are committed to providing full training and ensuring a smooth transition for the new owners.
The business operations is unique as it has its own clients that it services on a weekly/fortnightly basis, ensuring consistent and regular income.
Mats Our Business hires and services/launders mats and tea towels for hospitality, accommodation, commercial, industrial and retail clients.
The business thrives on its sustainability, offering clients a cost-effective and hygienic solution through its services.
The nature of the business allows for flexible hours, making it adaptable to the new owners' schedules.
The business has set systems and procedures and fully trained staff, consisting of 5 casuals for driving, laundering and administration.
The sale includes all plant and equipment, along with two branded Toyota Hiace vans.
Opportunity
A unique opportunity for a family/partnership to acquire a well-established profitable business in beautiful Port Macquarie.
The owners are retiring and will provide full support and training for the new owners.
There are huge opportunities to expand the business by taking on new clients, offering additional services to the existing client base, or expanding operations into other regional areas.
Now is the time to acquire a profitable, well-established business with tremendous growth potential, allowing you to increase revenue while enjoying an enviable lifestyle in the beautiful Port Macquarie area
- Established in 1993 - Excellent Reputation
- Private Clients - Loyal Customer Base
- Minimal Competition in a Booming Market
- Experienced Staff - Turnkey Operations
- Owners Retiring
- Revenue in 23/24 Exceeding $550,000
- All equipment and vehicles included
New South Wales
Australia
Mats Our Business is a specialist mat enterprise that services Port Macquarie and its nearby areas. Founded in 1993, it is a family owned and operated business that has since established itself as a reputable and go-to enterprise, thanks to the unique services it brings to the fold.
In a nutshell, Mats Our Business designs and creates corporate logo and message mats, mats for advertising, entrance dirt control mats, anti-fatigue mats, OH&S mats, accredited food safety mates, mats for hire and mats for sale. Against this background, Mats Our Business helps its clients get a hold of cost-effective and hygienic solutions by having mats replaced on a weekly basis.
The business services a wide range of customers across hospitality, commercial, industrial and retail sectors. Hence, it’s not that hard to see why Mats Our Business has been able to sustain substantial growth during the recent years.
A well-known brand and synonymous with all things mats, Mats Our Business is located in the heart of Port Macquarie, which is a picturesque coastal town at the mouth of the Hastings River, Mid-north of New South Wales.
In terms of workforce, the company comes with a reliable and highly skilled 7-man team, including the two current owners. While one of the owners manages and supervises the laundry and drivers’ operations, the other owner oversees the administration side of things that include wages, invoicing, accounts, banking and general admin duties.
Not only does this business come up with high-quality mats, but they also offer mat rental services and tea towel laundering solutions.
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$450,000
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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