With interest rates starting to fall, there’s never been a better time to invest! This business is now 10% off its original price, making it the perfect opportunity for anyone looking to start or expand their entrepreneurial journey. Don't miss out on this incredible value!
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).
