Dry Cleaning Business - Waverley

Dry Cleaning Business - Waverley — Cleaning · Waverley, VIC · Asking POA · Revenue $364,000

Dry cleaning business on a busy plaza, trading 5.5 days Owner will train the buyer Short hours, long lease, low overheads and no competition Plenty of parking at the front; well-known business with room for improvement

DealProspect/Listings/Cleaning

Dry Cleaning Business - Waverley

Dry Cleaning

ActiveCleaningVictoriaB2C

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Asking price

~$294,003

est. from comparable listings of this type and size · typically within ±30% · AUD

Revenue

$364,000

TTM

Earnings (est.)

~$136,504

Estimated · comparable listings of this type and size · typically within ±30%

Implied multiple (assumed)

~2.2×

Assumed · estimated price ÷ estimated earnings (as advertised)

Brief

Dry cleaning business on a busy plaza, trading 5.5 days
Owner will train the buyer
Short hours, long lease, low overheads and no competition
Plenty of parking at the front; well-known business with room for improvement

Dry cleaners in Victoria

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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

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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