Great opportunity to acquire a fully set up Laundy business in a shopping centre near Cresta.
This business was set up 2 years ago as part of a large overseas Franchise operation. The Franchisor is no longer involved in the SA franchises.
The new owner can change the name and operate as an independant store or add to their existing portfolio.
The business is currently not making any profits, and requires a more hands-on owner who would need to market the business more effectively.
The advantages are – great location, pleanty of space in the shop, low rent, 2 trained staff and 1 qualified tailor.
Reason for Sale: The owner has a full time job and is a single father. He does not have any time to spend in the business. It needs a more hands-on owner to make it profitable.
The owner spent R750 000 setting up the store.
Asking Price: R350 000 neg. (Option to buy the delivery vehicle for around R90k.)
Further info will be provided upon signing an NDA and Proof of Funds. No finance deals.
