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: |
- NOW SOLD!
- 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%
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Business Details:
- NOW SOLD!
- 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.
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Contact Broker: Ahmet Ali on Mob 0400 650 770 or via e-mail click here to request a business profile.
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