Bartercard Real Estate

Dry Cleaning and Suit Hire Business

$175,000
57.14% Trade Component
NZ$75,000 (Cash) | NZ$100,000 (Trade)

Additional Information


Pinterest

Dominion Road, Mt Roskill, New Zealand

Background

This professionally managed Dry-Cleaning and Suit Hire business is situated in centrally-located Mt Roskill.

The current owner has added significant value to the company since buying the dry cleaning business in 2002.

This includes the merging of a suit hire business in 2006, with over 800 suits, and including in-house clothing alteration services.

But there is still so much potential to add even more value, with an effective CRM system in place, and an extremely loyal customer base.

The business has been providing quality services in garment cleaning and suit hire in the Auckland area with a satisfied customer base. Hence, has continuous business throughout the year and is not seasonally sensitive.

The business comes with a wide range of high-quality machinery with a replacement value of more than $100,000, which is everything you need to maximise revenue with well-established clientele and also provides room for further expansion.

The business also includes professionally designed websites, email accounts and an active Facebook page.

The business is being advertised at $175,000 to secure an early sale. It is priced extremely competitively with the price based on net profits (important to note though, suit hire prices have gone up recently and based on market prices there is potential to also increase dry cleaning fees), machinery, plus stock. In addition, there are many more opportunities to grow the business further with active marketing.

The current owners are intending to retire, having run the business for 20 years. They will personally provide full training, supporting the purchaser in all aspects of the business and they are happy to look at working part time if needed as they love their customers.

Unique strengths of the business

  • Professional well-run business
  • Existing business contracts with large clients
  • Huge growth potential
  • Ideal for either an owner-operator or run as a managed business

All enquiries for further information please contact the owner Pat Wijayaratne on 021 708 431

Additional Information


Property Features

Not applicable

Property Information

Category
Business
Under Offer
No

Vendor Details

Weera (Pat) Wijayaratne

Phone : 021 708 431
Email : wpwijay@yahoo.com

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