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Commercial Laundry Medium Size - SOLD Gold Coast |
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Income (09) $466,927. Ideal husband and wife operation with PEBIT (09) - $189,136. Price $250,000 plus SAV neg Since it’s inception in 1992, this medium size Commercial Laundry has become an established high quality commercial laundry service. Due to its enviable reputation, the business continues to develop and expand its client base in hospitality, tourism, health spas, beauty salons, restaurants/cafes, clubs and gyms. As a result of ongoing growth in the demand of its services the business is currently expanding its floor space by 30%. With approx 70 company accounts (7 day account terms), plus a number of non-account customers (pay on delivery) the majority of the business’s income is generated from the hiring and laundering of linen and toweling via a pickup and delivery service. The operation also includes wholesaling of towels and bath robes to exclusive health spas and beauty salons generating an additional earnings stream. The laundry’s processes have been carefully refined over many years to achieve the right balance between cleanliness and product longevity. Income for 2009 is $466,927. Ideal husband and wife operation with PEBIT (09) - $189,136. Business can be easily attached to another existing laundry operation. Current owners have improved and automated the operation so taking this laundry the next level. Currently the laundry is operated under full management, however the business offers the new proprietor the opportunity to maintain this arrangement or take over the day to day operation. The Commercial Laundry services the following industries: - Health spas -towels, face washers, sheets, robes - Beauty salons – towels, robes, face washers - Restaurants, cafés and clubs -tablecloths, overlays, napkins, tea towels - Hairdressers - towels, hair towels, face washers - Gymnasiums -towels, face washers - Medical surgeries -towels |
- REF: 1987 - SOLD
- Industry: Commercial Laundry / Wholesale
- Location: $Gold Coast
- Price: $250,000 plus SAV neg
- S.A.V: $
- Working Capital: $
- EBIT: $
- PEBIT:
- Years Est: 17
- Staff:
- Hallmark Office: Gold Coast
- Call: 1300 854 655
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