An exceptional opportunity to acquire a well-established dry cleaning business with strong profits and a loyal customer base. This business has been operating successfully for several years and is known for its quality service and reliability. It is a turnkey operation fully equipped with near-new machinery, staffed by an experienced team, and primed for continued growth under a new owner. The current owner has built a solid foundation, and with minimal marketing to date the business has grown organically leaving plenty of upside potential for someone ready to take it to the next level.
Key Highlights:
Strong Financial Performance: Annual sales circa $400k with an adjusted net profit around $150k (most recent full year). Heading to over $200k this financial year. The business generates healthy cash flow and has shown consistent year-on-year growth.
Modern Plant & Equipment: Includes a state-of-the-art dry cleaning machine installed in 2024 and a full suite of pressing and laundry equipment (estimated ~$60k in current market value). No immediate additional capital investment is needed all essential equipment is in place and in excellent condition.
Great Location: Operates from a busy retail location with high visibility and convenient customer parking. The site attracts steady walk-in traffic and is situated in a growing suburb, ensuring a regular stream of clientele. (Exact location is confidential and will be disclosed upon inquiry.)
Secure Lease: Long lease tenure with reasonable rent and options in place, providing business stability. The premises are well-appointed for dry cleaning operations, including adequate utilities and climate control.
Experienced Staff: Trained, reliable employees handle day-to-day operations (customer service and garment pressing). This allows for smooth operation and will facilitate an easy transition for a new owner. The staff are aware of a potential sale and are open to continuing employment, retaining valuable know-how within the business.
Owner-Operator Friendly: This business is ideal for an owner-operator or family duo. The current workload and staffing are optimized for a hands-on owner to step in and manage. Enjoy a favorable work-life balance with no Sunday trading and a short break over the Christmas period.
Growth Potential: Minimal marketing has been done so far the business could grow significantly with some advertising or promotion. Opportunities exist to expand services (such as introducing pickup/delivery routes or partnering with local businesses) and to engage in digital marketing to attract new customers. Given that local competition has been decreasing, an ambitious new owner can capitalize on being the go-to dry cleaner in the area.
This is a rare opportunity to purchase a thriving dry cleaning business with all the hard work already done. The combination of proven financial success, updated equipment, and untapped growth avenues makes this an attractive investment. If you're looking for a stable business with a great reputation and room to grow, this opportunity is not to be missed.
Asking Price : $325,000 WIWO
All expressions of interest are welcome. Contact us for more information and to receive a detailed Information Memorandum on this business (under confidentiality).
Broker: Harry Notaras | E: harry@AbsBusinessSales.com.au | P: 0434 344 282
Head Office | P: 07 3368 4010 | E: reception@AbsBusinessSales.com.au
