This institutional long established service business is on the market for the first time in 21 years, established in 1989 and in the present location since, with only two owners in 29 years.
Iconic destination for anybody requiring, alterations or clothing repairs.
Vast majority of customers are repeat customers, who keep coming back year after year. Business and government dept work.
Excellent long term qualified staff, extensive list of plant and equipment, being sold walk in walk out.
Ideal for seamstress or skilled machinist, who requires a proven business with excellent turnover and attractive net profit.
Excellent well known central location,
Congenial hours, 5 days per week, all public holidays, with Christmas break.
Low stock holding, there has been no need to advertise, at times more work than can be handled.
INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF; Please Note: All figures quoted are approximate
Property Code: 78
The size of Launceston is approximately 4.5 square kilometres. It has 13 parks covering nearly 16.4% of total area. The population of Launceston in 2016 was 2944 people. By 2021 the population was 3110 showing a population growth of 5.6% in the area during that time. The predominant age group in Launceston is 20-29 years. Households in Launceston are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Launceston work in a professional occupation.In 2021, 46.80% of the homes in Launceston were owner-occupied compared with 48.20% in 2016.
Launceston has 3,721 properties. Over the last 5 years, Houses in Launceston have seen a 32.68% increase in median value, while Units have seen a 29.72% increase. As at 30 April 2026:
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