Dry Cleaning Business in Albany Creek, QLD - FOR SALE

Acquire a well-established, well-run dry cleaning business in Queensland for $575K WIWO

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Location Details :

Country

Australia

State

Queensland

City

Albany Creek


Industry :
Services - Cleaning ; Services - Garden/Household ;

Financial Details :

Revenue

--

EBITDA

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EBITDA multiplier

-x

Key Strengths:
keyHuge growth potential
keyLoyal, repeat customers
keyRich operating history

About the business

This well-established dry-cleaning shop in Albany Creek (a northern suburb of Brisbane), has been operating and growing exponentially under the same ownership for over 15 years.

It’s well-known and recognised within the local community, and operates five and a half days per week Monday to Friday from 6:30am to 5:30pm, and on Saturdays from 8:30am -1:00pm.

Situated among other popular shops in a well-known shopping centre, the business offers ample parking and has highly visible signage attracting plenty of passerby customers. 

In 2019 it underwent a new shop fit-out, with ducted air conditioning, security cameras and a separate storage room installed.

With the owners now looking to retire, this presents you with an opportunity to take over a highly profitable dry cleaning business, with a solid customer base and healthy profit margins in tow.

About the Opportunity

Generating turnover figures of $382,339 for the 2022 financial year alone, this popular dry cleaning business has demonstrated consistently high profitability and cash flow on a regular basis – financial information including figures is available upon request. 

As the next owner, you’ll benefit from the business’s substantial client database, and a transferable lease that has 5 years remaining. The sale also includes modern and well-maintained equipment, including a stainless steel preparation area, valued at approximately $300,000.

While the business has primarily relied on word-of-mouth recommendations from locals for growth, there is significant potential for expansion into other regions for the next owner by utilising digital marketing and advertising campaigns.

Additionally, there is an opportunity to expand into the commercial cleaning market as well with plenty of corporate, hospitality & retail businesses in the area.

Key features of the business

  • Business has been in operation with the same owner for over 15 ½ years 
  • Brand is well established and recognised in the Albany Creek region
  • Has demonstrated high profitability and consistent cash flow
  • Turnover 2022 financial year $382,339 
  • Substantial client database with a proven history of solid recurring income
  • Bulk of work comes from word of mouth and repeat business
  • Located within a strip of shops as part of a well known and popular shopping centre
  • 5 years remaining on existing lease
  • Systems and procedures in place
  • Modern and well-maintained equipment
  • New shop fit-out and flooring completed in 2019
  • Owners estimate $300,000 in plant and equipment included in the sale
  • Support and training available 
  • Huge potential for growth – massive market.

If you’re looking to enter the dry cleaning business, with everything from an established customer base to incredible revenue figures from day one, the opportunity you’ve been waiting for is right here. Enquire today!

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Dry Cleaning Business in Albany Creek, QLD - FOR SALE

Queensland

Australia

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$575,000

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