Dry Cleaning Business - Sandringham

Dry Cleaning Business - Sandringham — Cleaning · Sandringham, VIC · Asking $150,000 · Revenue $312,000

Operates 5.5 days a week, same owner for 10 years 9 years remaining on the lease at $770 per week rent High gross profit margin; noted as a big improver

DealProspect/Listings/Cleaning

Dry Cleaning Business - Sandringham

Dry Cleaning

ActiveCleaningVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$150,000

Disclosed · AUD

Revenue

$312,000

TTM

Earnings

—

Implied multiple

—

Brief

Operates 5.5 days a week, same owner for 10 years
9 years remaining on the lease at $770 per week rent
High gross profit margin; noted as a big improver

Dry cleaners in Victoria

All 44 →

Listed

+11 in 30 days

Median asking

$250K

41 priced

Median revenue

$260K

40 disclose

Earnings multiple

1.9×

18 listings

Price drops

in 30 days

Asking price spread41 of 44 state a price

This listing · $150K

10%

39%

49%

Under $100K$500K–$1M

Australia 50

Restaurants 1022 · Takeaways 927 · Cafes 885 · Liquor stores 145 · Convenience stores 141 · Bakeries 127

Priced like this one

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