Phone enquiries - please quote property ID 24661
Purchasing a secure, profitable and growing business on the beautiful Mornington Peninsula sounds like a dream - make it a reality.
The business is a well established, premium commercial laundry providing laundry and linen hire to a range of existing clients throughout the Mornington Peninsula.
This is an extremely rare investment opportunity perfect for a couple, partnership or individual looking to acquire a profitable business with a sound business model, secure clients and huge growth potential along with a relaxing beach side lifestyle to match.
Key Features
The largest Commercial laundry and Linen Hire service on the Mornington Peninsula.
Trading for 7 years with an excellent reputation.
Revenue over $680,000 per annum, increasing every year.
Generating annual profit of approximately $300,000.
Established and loyal customer base.
Diversified client base throughout the region.
Fully trained and experienced staff.
All systems and procedures documented.
Excellent commercial laundry fit out.
Growth opportunities ready for the new owner.
Perfect business for a couple or partnership living on the Peninsula.
Go hard in the peak season and relax in winter months - make it a lifestyle
Conveniently located in the heart of Mornington Peninsula the business has flourished with continuous growth year on year, and with low overheads and high margins has been profitable each year.
As holiday options grew in the area, so too did the commercial laundry and subsequently its offerings. The business now offers a wide array of domestic and commercial laundry services, including table linen hire and bed making services.
The business has an easy operational model with well documented systems and procedures. With operational manuals prepared and experienced staff in place it will be a smooth transition for the new owners. The vendor is happy to provide ongoing support and assistance as agreed.
Now is the perfect time to buy as a new owner has time to learn the operations before the upcoming peak summer season and influx of Melbourne tourists heading to the Peninsula.
With an asking Price of $785,000 plus SAV (approximately $100,000), this is an excellent investment and an outstanding return for the new owners.
DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.
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