Dry Cleaning And Photo Business In Canberra For Sale

Business description

"Clean profits - a picture perfect proposal

If you value reliable profitability, then this is the business for you. Remember the Global Financial Crisis? Well, this business doesn't. This is an extremely consistent and secure profitable business. Net profit was almost $82,000 in 2007. Four years later in 2011 that figure was just above $89,000.

Need more reasons to buy? Here's a list:

1. Location. This business is located in the popular Kippax shopping area, the perfect place to capitalise on the hundreds of new houses being built in west Macgregor.

2. Potential. North-west Belconnen is a high-growth area, which bodes well for the future. There is the opportunity to expand operations.

3. Low overheads. Gross profits over 91% mean your profit margins are considerable. There's room to breathe, further cementing this business as one which won't leave you stressed each night.

4. Strong reputation. This business brand is a household name, so you'll have the comparative advantage. N.B. this is under licence agreement, not a franchise agreement.

5. Consistent financials. The figures speak for themselves; this is a proven business model. Comparatively little risk involved, you can stand assured of future earnings.

6. Essential services. Dry cleaning and the taking of passport photos are not luxury services, people will always need someone to provide them, regardless of the economic climate.

7. Priced to sell! Asking only $110,000 + SAV, the vendor needs a change after 17 years in the business and you will be picking up a bargain. The equipment is valued at more than the asking price!

In brief:
* Sales income in 2011 over $183,000
* Gross profit of 91.81%
* Net profit over $89,000
* Low rent of $41,660

Finally, profit you can rely on! Express your interest by using the 'enquire' form on this webpage

Property information

Location:

Canberra