Global New Developments
Juwai Commercial
Juwai LUXE
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ICONIC OPERATIONAL BUSINESS WITH ONGOING GROWTH
SOUTH EAST LAUNDRY
EXPRESSIONS OF INTEREST CLOSING MONDAY 27TH MAY 2024 AT 12PM (if not sold prior)
Since 1960 Mount Gambier has been home to the iconic Southeast laundry business located in the heart of the city.
Servicing over 200 major clients located throughout the of Southeast Limestone coast of South Australia and Western Victoria. This service business continues its strong growth of turnover and profitability from its central location in Anthony Street, Mount Gambier.
Major clients covering a diverse range of industries that include hospitality, restaurants, hotels, motels, medical facilities, aged care, holiday parks and short stay accommodation.
Quality plant and equipment installation that provides reliable operation enabling expansion of the business resulting in turnover increasing from $2.18m in June 2021 to over $3m in June 2023 and substantial budgeted increases in the current financial year.
As a result of the additional work undertaken, average weekly tonnage of laundry processed has increased from 18 tonnes in 2021 to 25 tonnes for the year ended 30th June 2023. It is forecasted to increase further in 2024 with January recording average 37 tonnes p/week.
The Business is offered for sale on a long term Lease with Real Commercial at $105,000 p.a. + GST + Outgoings.
https://www.anybusiness.com.au/listings/mount-gambier-sa-5290-services-cleaning-industrial-manufacturing-clothing-footwear-3419418
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* The above information is the average for each state in Australia For more details about loans, please send us an enquiry.
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Disclaimer: Currency shown is based on currency conversion, please refer to actual currency price of the property.
