Laundry & Dry Cleaning Business for Sale Woollongong NSW

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Why buy this Laundry & Dry Cleaning Business

Laundry & Dry Cleaning Business for Sale Woollongong NSW Asking: $680,000

* Two prime Wollongong locations
* Well-maintained, quality equipment
* Established business since the 1950's
* Mostly operates under management
* $1.1M turnover, $336K PEBITDA
* Building also available for sale
* Owner Retiring

This well-established laundry and dry cleaning business has been owned since 2014 from two ideally situated Illawarra premises. With quality equipment, including a new $50,000 boiler, and a stable team in place, the business mostly runs under management, providing a great opportunity for a new owner-operator or hands-off investor.

Financials are strong with $1.1M turnover and $336,000 PEBITDA.

Asking price for the business is $680,000, option to purchase the Wollongong freehold.

Long lease available. Plenty of potential to grow by expanding to new locations.

Inspection by appointment.

Price: $680,000 Ono