Established, Fully Equipped Dry Cleaning Business for Sale in Limassol’s Tourist Area

n established and well-known dry cleaning business is available for sale in Limassol’s tourist area. Operating from the same premises since 2008, the business has built a loyal customer base that values high standards of garment care.

The premises enjoy a strategic location, with easy access and convenient parking both in front of and behind the shop.

Financial and Business Highlights

• Indicative average annualised net profit: €80,000
• Asking price: €320,000
• More than 5,000 registered customers, with full contact details
• An established base of regular, returning customers
• Low rent for the area
• Significant growth potential, supported by a strategic development plan that builds on the location

Financial and operational information can be presented to serious prospective buyers following a meeting and the signing of a confidentiality agreement.

Specialist Garment Care

A key competitive advantage is the business’s expertise in cleaning and caring for designer, luxury and high-quality garments, serving a discerning clientele.

Customers trust the business with delicate and valuable items, including:

• Intricate dresses and evening gowns
• Designer suits and formalwear
• Leather garments and furs
• Handbags and footwear
• Specialist items requiring individual care
• Designer bed linen and other premium household textiles

Additional services include carpet cleaning, upholstery cleaning and clothing repairs.

Equipment and Operations

The business is offered fully equipped and ready for continued operation.

The main professional equipment is approximately two years old and supports the business’s self-contained operations. According to the owner, the machinery operates exclusively on steam, effectively eliminating electricity consumption for its operation.

Included in the Sale

• A full range of professional equipment
• Recently developed proprietary software
• An organised database of more than 5,000 customers
• The existing customer base
• An established trading presence and reputation built over 18 years
• Operational know-how and established working procedures
• A strategic development plan

Key Advantages

• Strategic location in Limassol’s tourist area
• Established local presence since 2008
• Recognised name and loyal clientele
• More than 5,000 registered customers
• Modern, comprehensive professional equipment
• Expertise in premium and delicate garment care
• Convenient access and parking
• Ready for continued operation
• A location-based growth strategy
• Potential to develop partnerships with hotel reception teams, boutiques, designer clothing stores and other businesses

Suitable Buyers

This opportunity may be particularly attractive to:

• Investors seeking an established, profitable business
• Investment companies from Cyprus or overseas seeking an operational business in Limassol’s tourist area
• Overseas dry cleaning businesses looking to expand into the Cyprus market

Further Information for Prospective Buyers

The opportunity can be evaluated using measurable financial and operational information.

The owners are selling because their existing business activities and new development projects limit the time they can devote to the business.

The owner may consider a serious proposal involving an upfront cash payment and/or property offered in full or part exchange. Each proposal will be assessed individually.

Continued operation from the existing premises and the final structure of the transaction will be agreed between the buyer and seller, with the involvement of both parties’ legal advisers.