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Commercial Laundry In Paradise!

Main Road, Arorangi, Rarotonga, Cook Islands
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Asking Price$1,473,000
Revenue$1,086,000 Established1980
Cash Flow$274,000 Employees20 full-time
FF&E$348,000* FranchiseNo
Inventory$100,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Ever wanted to stay in paradise? Now you have a reason: Run this commercial laundry and stay. Temperatures are pleasant all year round, there is plenty of fishing or hiking on your days off. We have done the work for you: processes and procedures are in place, staff are motivated and dedicated. Most of the island's holiday accommodations are your customers already. The equipment has been updated on a regular basis. Profitable business on Rarotonga in the South Pacific, one of the most desirable holiday spots on earth. Live the life, and run the business, like you always wanted to. Suited for a manager or a managing couple with background in trades or management. Call now, before someone else does!
Facilities:The main building as well as the two branches are rented premises.
Competition:Snowbird Laundry is the only commercial laundry in the Cook Islands. Snowbird is a commercial laundry which provides and launders the linen of 80% of the local hospitality industry as well as domestic service.
Growth Potential:Snowbird is currently providing commercial and domestic services, as well as selling detergents to wholesale and retail customers. Growth areas could be in providing house keeping services or added products such as paper products, hotel soaps, brush ware, napkin/table cloth hire etc.
Training/Support:Training and support will be given in a mutually agreed timeframe.
Sale Reason:Legal requirements to eligibility of pension funds in country of origin (New Zealand).
Ad #23970
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Contact This Seller
Matthew Grierson
+682 20952
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