$195,000
6 Moore Street, Armidale, NSW 2350
Services
Profitable Dry Cleaning Business
Operating as both a drycleaners and embroidery, McMahons has two great revenue streams that work seamlessly together and offer great cashflow security.
As the sole dry cleaning business in Armidale, McMahons enjoys servicing a large area with zero competitors, with the nearest located in Tamworth (1.5 hours south) and Warwick (3.5 hours north). Located in a cool climate town, there is a large need for the dry cleaning of winter garments throughout the year, as well as servicing the numerous school & university functions. With agents in Walcha, Uralla, Glen Innes & Inverell, the service radius of this business is drastically improved with little additional overheads.
The addition of the embroidery 20 years ago was a great addon to the business, building off the existing relationships with the private schools & the university. These clients create a great foundation for this facet of the business. The embroidery still leaves plenty of room for a new owner to expand with the ability to promote online further.
With little to no current marketing, the steady growth this business has shown is a testament to the demand in the market, but also shows great potential for the new owner to promote and build it’s revenue, particularly that of the embroidery.
This business is a great opportunity for someone looking to be their own boss and walk into an already profitable business.
For more information, please contact Matthew Velcich (0437 015 018).
Disclaimer: All information contained is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries.
As the sole dry cleaning business in Armidale, McMahons enjoys servicing a large area with zero competitors, with the nearest located in Tamworth (1.5 hours south) and Warwick (3.5 hours north). Located in a cool climate town, there is a large need for the dry cleaning of winter garments throughout the year, as well as servicing the numerous school & university functions. With agents in Walcha, Uralla, Glen Innes & Inverell, the service radius of this business is drastically improved with little additional overheads.
The addition of the embroidery 20 years ago was a great addon to the business, building off the existing relationships with the private schools & the university. These clients create a great foundation for this facet of the business. The embroidery still leaves plenty of room for a new owner to expand with the ability to promote online further.
With little to no current marketing, the steady growth this business has shown is a testament to the demand in the market, but also shows great potential for the new owner to promote and build it’s revenue, particularly that of the embroidery.
This business is a great opportunity for someone looking to be their own boss and walk into an already profitable business.
For more information, please contact Matthew Velcich (0437 015 018).
Disclaimer: All information contained is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries.
Property Info
Municipality
Armidale
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