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Long Established Laundrette Business For Sale

Balaclava, Victoria
Asking Price:
$99,999 (AUD)
Sales Revenue:
$130,000 (AUD)
Cash Flow:
Available on request

This long established laundrette business for sale offers a prime position on a major road through the east.

Established for 30 years plus, this business comes well equipped with 8 dryers & 8 top loaders, soap machine plus a 2 double load front loader. Brands include Speed Queen, Maytag. Easy passive income with nothing to do but some basic maintenance, this is a great side income earner.

Laundrette also acts as a dry cleaning agent and offers wash and iron service on site. Very easy to run with one staff member.

Highly visible location just off a major road within a shopping strip in a busy shopping area, easy access with public transport & parking at the door.

Cheap rent of $561 per week with a 6 year lease commencing in June 2019.

No advertising in place, potential for a lot of growth with some clever marketing.

For further information please contact Senior Business Broker Petros Margaritis

Property information

Location:

Highly visible location just off a major road within a shopping strip in a busy shopping area, easy access with public transport & parking at the door.

Business Operation

Expansion Potential:

No advertising in place, potential for a lot of growth with some clever marketing.

Reasons for selling:

Family

Trading hours:

7 days: 7am to 8:30pm

Years established:
Established 30+ years

Contact Information

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