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

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How long it has been for sale

How it compares

Dry cleaners in Victoria · asking prices

39% below past dry cleaners like it

Past dry cleaners like it ask a median 0.79× revenue. On its $312,000 revenue, that points to about $246,000; reads like this are typically within 30%, so $172,000 to $320,000. It asks $150,000.

Asking price: $150,00021% below the median of $189,500
Revenue: $312,000median is $331,500
Time listed: 117 daysno price change

Dry cleaners in Victoria

Dry cleaners for sale in Victoria (9) →

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

This listing · $150K

17%

50%

33%

Under $100K$250K–$500K

Australia 17

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