THREE-WEEK COMPETITIVE SALE CAMPAIGN Ends on the 14th of October
Contract offers from $525,000
Offers close 5:00 PM Monday, 12 October 2026
FY2025/26 Sales: $151,516 | Normalised Profit: $80,386 | Indicative Operating ROI: 15.3%
The vendor reserves the right to accept an offer prior to the closing date and is not obliged to accept the highest or any offer.
Rare opportunity to acquire a modern, near-new 24/7 self-service laundromat in the established Brisbane suburb of Ashgrove.
The business commenced operation in 2025 and has been developed as a predominantly unattended business using modern commercial Primus laundry equipment, cashless payments, remote machine monitoring and comprehensive security systems.
FY2025/26 accountant-prepared figures record $151,516 in sales and $80,386 normalised profit. At the opening offer price of $525,000, this represents an indicative operating return of approximately 15.3% p.a., before purchaser financing, tax and future capital expenditure.
The business incorporates a substantial near-new equipment and infrastructure base, including commercial washers and dryers, mains natural gas, dedicated three-phase electrical infrastructure, hardwired data connectivity, automated detergent dosing, ventilation, air-conditioning, security and remote monitoring systems.
The current lease runs to 30 April 2032 with a further 7-year option.
The business is being offered for sale due to the owners' planned relocation from Brisbane.
Inspections are strictly by appointment for genuine prospective purchasers following execution of a confidentiality agreement. Allocated inspection sessions will be arranged during the sale campaign.
Prospective purchasers should allow sufficient time to review the information, inspect the business and submit a contract offer before the closing date.
Please do not approach staff, customers, neighbouring businesses or the landlord directly. All inspections and enquiries must be arranged through the vendor.
Following execution of a short confidentiality agreement, genuine prospective purchasers will be provided with the detailed Information Memorandum, supporting financial information, Buyer Q&A and draft sale contract for review. Purchasers wishing to participate in the campaign should submit their contract offer before the closing date.
