Dry Cleaner - 5 1/2 days - High margins - Nets $2290 p.w.-South Sydney area - M2243
Dry Cleaner - 5 1/2 days - High margins - Nets $2290 p.w.-South Sydney area - M2243
Industry :
ServicesSub Industry :
CleaningRetail - Dry Cleaners - Alterations - South Sydney - Agent SBX Code Number: M2243
pRetail dry cleaners offering full service to locals. Average weekly takings including 1 sub agent ( laundry businesses, delivery, customer orders ) around $500 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. -First time on the market after 24 years./p
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. -Well priced
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
pKeen vendor needs to retire and will consider all reasonable offers. 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./p
Figures
Weekly Sales $3500
Rent (ex GST) $760
Wages $0
Profit $2290
Agent SBX Code Number: M2243 - SBX Business Brokers
SBX Business Brokers is one of the largest business brokers in Australia servicing Sydney, Melbourne, Brisbane and the Gold Coast. With over 30 years of experience, you can be assured that SBX will provide you with a premium service.
Headed by Colin Bennie and an extensive team of multi-lingual brokers, SBX will match the right business with the right buyer. Our team will personally take on each business and market it individually, as well as handle all of the details of meetings and inspections. SBX will assist you in understanding all of the legal requirements, rental bonds, insurance and other requirements that may relate to selling or purchasing a business in Australia.
SBX sells all manner of businesses from small owner-operator businesses to franchises and multi-million dollar businesses.
To find out more about how SBX Business Brokers can assist you, simply register online or contact the office.
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$89,000 + SAV
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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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