Dry Cleaning Business, Seddon VIC

Dry Cleaning Business, Seddon VIC — Cleaning · Seddon · Asking Contact Broker · Revenue $364,000 · Net Profit $169,000

Long-standing dry cleaning business under the same ownership for over 10 years High-visibility position in a busy local shopping precinct with strong foot traffic Runs under or semi under management for an easy work-life balance Long lease and excellent customer reviews

DealProspect/Listings/Cleaning

Dry Cleaning Business, Seddon VIC

Dry Cleaning

ActiveCleaningVictoriaB2C

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Asking price

Revenue

$364,000

TTM

Net Profit

$169,000

Implied multiple (assumed)

Brief

Long-standing dry cleaning business under the same ownership for over 10 years
High-visibility position in a busy local shopping precinct with strong foot traffic
Runs under or semi under management for an easy work-life balance
Long lease and excellent customer reviews

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Dry cleaners in Victoria

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Listed

active

Median asking

$190K

6 priced

Median revenue

$332K

6 disclose

Earnings multiple

1.6×

19 listings

Price drops

in 30 days

Asking price spread6 of 9 state a price

17%

50%

33%

Under $100K$250K–$500K

Australia 17

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