Established Laundry & Fabric Retail Business In Agulhas Coastal Plain For Sale

Description

Established Laundry & Fabric Retail Business for SaleOverviewThis excellent investment opportunity offers the acquisition of two complementary, long-standing businesses operating within the laundry service and fabric retail sectors. The fabric store has been successfully trading for more than 36 years with only two previous owners, demonstrating strong market stability, customer loyalty, and an established reputation.Together, the businesses provide diversified income streams, a loyal customer base, and a fully staffed operation, ensuring continuity and efficient day-to-day management. The premises may also be available as part of the transaction, subject to separate negotiation.Key Features:* Fabric store with over 36 years of successful trading history and only two previous owners.* Two complementary business operations providing diversified revenue streams: * Fabric Store: Average annual turnover of R1.8 million over the past 3 years. * Laundry Business: Average annual turnover of R376,000 over the past 3 years.* Experienced staff in place.* Established reputation with a strong repeat customer base.* Premises available by separate negotiation.* Growth potential through expanded marketing, additional services, and business development opportunities.Financial Overview:* Fabric Store Asking Price: R750,000 excluding VAT and stock in trade.* Laundry Business Asking Price: R450,000.* Total Asking Price: R1,200,000 excluding VAT.* Monthly Turnover: Approximately R185,000.* Monthly Net Profit: Approximately R29,000.* Return on Investment: 28%.Why Invest:This acquisition presents a stable and income-generating opportunity with proven performance, reliable turnover, experienced employees, and a strong market presence. The long-standing history of the fabric store highlights the resilience and sustainability of the operation.With the combination of retail and service-based revenue streams, the businesses offer excellent potential for continued growth and long-term value creation.Asking Price: R1,200,000.00 excluding VAT.