SOUTH EAST LAUNDRY

Since 1960 Mount Gambier has been home to the iconic Southeast laundry business located in the heart of the city.

Servicing over 200 major clients located throughout the of Southeast Limestone coast of South Australia and Western Victoria. This service business continues its strong growth of turnover and profitability from its central location in Anthony Street, Mount Gambier.

Major clients covering a diverse range of industries that include hospitality, restaurants, hotels, motels, medical facilities, aged care, holiday parks and short stay accommodation.

Quality plant and equipment installation that provides reliable operation enabling expansion of the business resulting in turnover increasing from $2.18m in June 2021 to approx $3.8m for the year ending 30th June 2025.

As a result of the additional work undertaken, average weekly tonnage of laundry processed has increased from 18 tonnes in 2021 to _ tonnes for the year ended 30th June 2025. It is forecasted to increase further in 2026.

The Business is offered for sale with a long term lease of 15 years available.

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property’s land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Please read the Consumer and Business Services Form R7 http://www.cbs.sa.gov.au/assets/files/form_r7_warning_notice.pdf in reference to any financial or investment advice contained within this communication. Liability limited by a scheme approved under Professional Standards Legislation.