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Clothing/Footwear Industrial/Manufacturing Business

Sydney 

Sold on 15 Mar 2017
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    Clothing/Footwear Industrial/Manufacturing Business in Sydney

    Business For Sale | Freehold Laundry Mat | Port Stephens Area | Perfect Lifestyle Location

      Ray White Business Sales CBD is excited to offer a family owned and run business in a tranquil location near Port Stephens NSW. The Laundromat has been operated for 20 years with high margin profit at 60%. The business premise is 130 sqm which accommodates the work for the commercial clients and also allows self-service at set times for tourist and locals. The premises are for sale separately to the business, which is a great opportunity to acquire a fresh hold business as well.

      Key points:

      • The premises are for sale separately to the business. Would be great opportunity to acquire a freehold business.
      • Mature business with 60% profit margin (plus adds back).
      • Exceptional location, waterfront and the only Laundromat in the area.
      • Opportunities for revenue growth as the area is growing with more business and accommodation entering the vicinity.
      • Excellent reputation and goodwill, as the current owners have run the business for over 20 years and been an integral part of the community throughout that time.
      • Property valued at $300,000

      Please contact Ray White Business Sales for further information.

      *Disclaimer: Stock image has been used not a photo of the actual business.