Verified Listing
Posted on November 9, 2017 / 31
Price : R450,000
Listing Type : Laundry
Location : Johannesburg
Ref. No: : 2376
Turnover : R60 033
Expenses : R40 083
Net Profit : R5000
Asset Value : R403 000

Well established and profitable laundry for sale with contract customers and lots of opportunity for growth. The store is part of a national franchise brand with stores throughout South Africa. The business has top of the range equipment including industrial washers, driers and irons with computerized systems. The business has a well-trained and reliable team with a supervisor that assists with the daily operations. The current owner has not done any marketing and has built the business on word of mouth and referrals. With a well-planned marketing campaign in the local community (residential, hospitality and commercial) will unlock the business’s true potential. The average annual turnover is R720 000 with a net of R60 000 (after salaries and director’s drawings, total of R176 941), the estimated asset value is R403 000. The business has a lot of potential for growth, is ideally suited for an owner operator and offers an “easy to manage” opportunity to generate extra earnings.

Mfundo Nhlabati – Head Office