Barrier Reef Business Brokers Phone : 07 4031 ****
Bruce Barclay
07 40 ****

0419 ****


COMMERCIAL LAUNDRY SERVICE

Listing Id : 223517

Location : Queensland - Cairns

Category : Cleaning

Asking Price : $449,000 WIWO

Business description

Now offered to the market is this fully established, niche market laundry service, specialising in servicing high to medium end restaurant/hospitality providers in Cairns, Port Douglas and the Northern Beaches. The decade long turnkey operation provides linen supplies and services for functions, weddings, convention outlets and restaurants throughout the Far North region. The vast majority of clients are repeat, long term customers. Other features of this outstanding business opportunity include: •Consistent financials with a very healthy bottom line •Affordable annual rental of $19,760 plus GST, with a new 5x5 year lease on offer •Fully air-conditioned, 140m2 tenancy •Monday to Friday operation only, 8am to 6pm •Plant and equipment, including two delivery vans, and stock value in the vicinity of $250 000 •Fully trained, qualified staff •Sales growth of over 15% from FY16 to FY17 •Trading relationships in place with major Party Hire firms •Future growth potential via providing linen services to hotels and accommodation providers This profitable business represents a wonderful opportunity for a Buyer to invest in Tropical North Queensland- and still be free to enjoy your weekends! Inspections are welcomed!!


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