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Coin-op And Commercial Laundry In Bathurst For Sale

Bathurst, New South Wales
Asking Price:
$275,000 (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$200,000 (AUD)
Cash Flow:
$100K - $250K (AUD)

Long established Laundry servicing both domestic and commercial clients for sale. Turnover approx. $200K pa. Stock and equipment value in excess of $200K. Long term lease with rent only $300 per week.

This is the only laundromat operating in Bathurst NSW and has significant potential for further expansion.

Owner / operators would like to retire.

If interested please contact the seller through the form on this page.

Property information

Real Estate:

Lease

Lease Terms:

Lease has 5 years remaining with an option for a further 7 years. Rent is adjusted by CPI annually. The only outgoings are water rates and maintenance of Air Con and Fire Extinguisher.

Leasehold Rent:

$15,600 (AUD) per annum

Location:

Street front shop with ample parking with no time restrictions. Additional parking at rear of building.

Premises Details:

This is a freestanding building with the laundry as the only tenant. CCTV cameras and security system installed. The business can be monitored via mobile phone.

Business Operation

Competition / Market:

This is the only coin-op and commercial laundry in Bathurst NSW

Reasons for selling:

Retirement

Trading hours:

The self serve operates from 7.00 am - 7.00 pm, 7 days
The commercial side operated 9.00 am - 5.00 pm, 5 - 7 days depending on volumes

Employees:
2.5
Years established:
45. Current owners have had the business for 10 years.

Other Information

Support & training:

The proprietors are prepared to fully train the new owners in all facets of operation of the business to ensure a smooth transition.

Contact Information

    1. Your Address

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