Established Laundry & Fabric Retail Business for Sale
Overview
An excellent opportunity exists to acquire two complementary, long-standing businesses with a combined operational presence in both the laundry service and fabric retail sectors. The fabric store boasts a trading history exceeding 36 years with only two owners in its past, highlighting its stability and reputation. Together, these businesses provide diversified revenue streams, an established customer base, and are fully staffed for continuity of operations. The premises may also be included as part of the transaction, subject to separate negotiation.
Key Features
- Fabric store with more than 36 years of trading history and only two owners since inception.
- Two distinct but complementary revenue streams:
Fabric Store – Average annual turnover of R1.8m over the last 3 years.
Laundry Business – Average annual turnover of R376k over the last 3 years.
- Fully staffed with experienced employees.
- Established reputation and repeat customer base.
- Premises available by separate negotiation.
- Growth opportunities through marketing, service diversification, or expansion.
Financial Overview
- Fabric Store: Asking price R750,000 (excl. VAT & stock in trade).
- Laundry Business: Asking price R450,000.
Why Invest
This acquisition offers a stable investment with strong fundamentals: reliable turnover, operational staff already in place, and long-standing market presence. The exceptional trading history of the fabric store, with only two previous owners, underscores its proven resilience.
With the dual advantage of retail and service-based income, the businesses are well-positioned for sustainable returns and future growth. For an investor, this represents a low-risk, income-generating opportunity with scope for long-term value creation.
(Asking Price Excludes VAT)
Asking Price: R1,200,000.00
ROI: 28%
Monthly T/O: R185k
Monthly NETT: R29k
