NOW SOLD! Commercial Laundry and Linen Services | Eastern Suburbs | AA2135

Highly Specialised Boutique Market

Asking Price: $950,000 plus stock
Weekly Sales: Approx $23,007 + gst gross sales per week

Lease Details:

  • New 5 Year Lease commenced 1 April 2015
  • Plus further Options of 3+3+3 years, expiring 2029
  • Current Rental only $7,822 + gst + outgoings per month
  • Premises 2 storey approx 1,015 sq metres
  • Annual Rent Review = 3%
Listing Photo
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Business Details:
  • Highly profitable, located in Eastern suburbs
  • Operates only 5 days per week
  • Capacity to double current production with huge factory premises
  • Excellent Lease and rental conditions
  • Inspection will impress
  • This is a dynamic efficient business offering;
  • All commercial laundering
  • Linen Hire & Repair
  • Table cloth manufacturing
  • Sale price includes 3 delivery vans and equipment with depreciated value of approx $442,000
  • Owners partly involved in the business which can operate under management with a skilled support team
  • Opportunity for new owners to widen services and grow business significantly and increase profitability
  • Adjusted Net Profits approx $424,000 per annum

Please contact Broker Ahmet Ali on Mob. 0400650770 to discuss further. 

Business For Sale Business For Sold

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