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SA

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$185,000 plus SAV (approx $475,000)

Services, Laundry / Dry Cleaning
Property ID:
213783

Main content:

COMMERCIAL LAUNDRY

ESTABLISHED 54 YEARS AGO AND STILL TRADING STRONGLY  
 
This boutique commercial laundry has been established for over 50 years.  
 
It caters for large nursing homes and restaurants, but is still personal enough to cater for individual needs.  
 
It services laundry for customers own goods or provides a rental linen service.  
 
It operates four days a week and has excellent contracts in place.  
 
Turnover in 08/09 is in excess of $1 million.  
 
Priced to Sell at $185,000 plus SAV (approx $460,000)  
 
Description of Business  
This Business classes itself as a boutique commercial laundry being large enough to service large Nursing Homes, but still personal enough to cater for individual needs, is comfortable servicing customers own goods or providing a rental linen service.  
 
This business can service up to 25 tonnes per week, but has made the conscious decision to target a niche market of the smaller customers that the bigger laundries have chosen not to service.  
 
With this strategy in place, the production side only works 4 days a week. This strategy has relieved pressure and costs otherwise incurred in weeks in which a Public Holiday falls and has also provided flexibility in the maintenance schedule.  
 
They also have spare machines. These support services in the event of a breakdown.  
 
History of Business  
The business has been supplying and servicing Adelaide businesses and residences since first beginning operation 54 years ago, with the current owner having owned it since this time.  

Sale Information

Sale Price
$185,000 plus SAV (approx $475,000)

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