Profitable business, new lease, waterfront location.

Tea Gardens NSW
Asking Price $285,000
About

Profitable laundry business with great cash flow, servicing both the commercial and domestic markets, being the only one in the region. Turnover averages around $275k but has good potential for continued growth. Excellent existing staff, plus current owner is willing to stay on for extended period if required.

Equipment is in excellent condition and is valued at over $100k, stock is valued at approximately $50k and this is included in the asking price.

Option to purchase freehold (strata) with a combined asking price of $685K

Set in a prime location with huge shop front on the Myall River Promenade. Offering 130sqm of space with parking at the rear and roller door access that allows vehicular access as well. The shop looks directly across to the Myall River offering arguably the best views of the river.

The Myall Coast is a popular destination spot & there are many of hotels, motels, caravan parks, & Airbnb's that are serviced by this business, plus of course, the growing local domesic laundramat services. 

The business has been established for well over 20 years and current owners have shown remarkable revenue growth over the past 6 years. 

Contact this seller
Client No: W272619579 Seller prefers initial contact via email Private sale, no contact by agents or marketers please.
Contact this seller
Client No: W272619579 Seller prefers initial contact via email Private sale, no contact by agents or marketers please.