A rare opportunity to acquire two near new modern and established laundromats operating in strong Brisbane North locations.
The laundromats generate combined annual revenue of approximately $300,000, with a demonstrated trading history and continued growth as both locations have become established within their local communities.
Both stores have very strong leases of 13 years and 12 years remaining respectively.
Both stores have been professionally designed and fitted out with quality commercial washing and drying equipment, modern electronic payment systems, remote monitoring and efficient operating systems.
Considerable capital, time and development work has already been invested in establishing the two locations. The businesses now offer an incoming purchaser proven revenue, established customers, operational systems and significantly less risk than developing new laundromats from the ground up.
These laundromats have been designed around a semi-passive ownership model, with both laundromat locations operating primarily as unattended self-service businesses. Modern cashless payment systems, remote machine monitoring, CCTV surveillance and established operating procedures allow the owner to oversee the business without being physically present throughout normal trading hours.
Day-to-day owner involvement is generally focused on operational oversight, responding to occasional customer issues, coordinating cleaning and maintenance, reviewing payment and machine activity, and managing routine administration. The business does not depend on the owner personally providing services to customers or remaining on-site for the majority of each trading day.
This operating structure may appeal to an owner-operator seeking flexibility, an investor looking for a business with limited staffing requirements, or an existing operator wishing to add two established locations to their portfolio. While the laundromats still require responsible management and regular oversight, the systems already in place provide a significantly more flexible ownership model than many traditional retail or service businesses.
The sale includes plant and equipment, established branding, customer goodwill, systems and relevant business assets.
This opportunity may suit an owner-operator, investor or existing laundromat operator seeking an established two-site business with further growth potential.
The owners are selling due to relocation.
Detailed financial, equipment and lease information will be provided to qualified prospective purchasers following buyer screening and completion of a confidentiality agreement.
