Private Treaty
Laundromat and Laundry -Perfect Owner Operator fit
Very appealing laundromat and laundry business operating in South Dunedin.
Sales revenue of approximately $150,000.
About 1/3 revenue from coin machines 2/3 from commercial laundry.
This has been a very rewarding business for the current couple. They are passing on a business with:
* improved and improving sales
* a loyal customer base
* tidy/ useful public laundromat with customer parking
* fit for purpose and orderly laundry area
* well maintained machines having undertaken an extensive asset renewal
* good lease
* impeccable business records.
The owners have built up a successful commercial laundry service with sports teams, restaurants, local motels, hospital patients, elderly, local medical centers, hospitality and other local business customers.
Regular walk-in customers include tourists, travelling business people and local residents.
The business is run at its current level of activity to suit the existing owners needs but has plenty of capacity to expand the commercial operation.
The business achieved a working owner's profit (EBPIDT) in the year to March 2016 of approximately $55,000.allowing for one working owner.
Offers Invited by: Wednesday 5 October 2016
Prospective buyers are encouraged to express their interest to Bayleys Dunedin. A full Information Memorandum with financial information is available upon request.
