The popular Riverside Socks Jocks n’ Frocks Dry Cleaning and Laundromat is available for sale.
The business is situated in Shop 3 Riverside Shopping Centre, Angus Smith Drive, Douglas and is well established. The dry cleaning side of the business trades as Earthcare Dry Cleaning, Douglas.
It is ideally located with good exposure to passing traffic on high traffic thoroughfare to Townsville General Hospital, James Cook University, the Ring Road, Douglas and other high income suburbs. Close to Lavarack Barracks and it’s approximately 4,500 soldiers and nearly 300 civilian personnel. Approximately 6 kms to RAAF base with approximately 1,200 personnel onsite.
The business has established a lucrative niche market as Townsville’s only eco-friendly and low toxic dry cleaners.
It has a reputation for quality products and services – Specialist Bridal and Formal, Townsville’s only local Leather Cleaner, Dry Cleaning, Ironing and Mending.
Very modern and tidy plant with all equipment being well maintained and in excellent condition. The business boasts Townsville’s first automated shirt machine, capable of up to 45 high quality shirts per hour. Equipment includes Townsville’s only automated garment retrieval system, computer controlled ticketing, garment tracking and POS system.
Priced well below replacement cost with plant and equipment valued at approximately $200,000 and costing close to twice that level.
High quality corporate branding and marketing materials are in place.
The business is generating sales of approximately $3,500 per week with high profitability and is growing.
It is an easy to operate business.
You are urged to inspect this unique and exciting business.
The asking price of the business is $210,000 wiwo.
A full sale proposal is available on request from Margaret Butler on 0419 664 349 or margaret.butler@raywhite.com