Laundromat Bubbling With Potential! Excellent Suburban Location & Short Hours

A Solid Essential Business from a well-sought after industry, this laundromat is situated in the heart of a densely populated Suburban area. An easy to manage business which can be operated by 1 working owner or a single full-time employee. Owned and operated by the owner for the last 6 years, there is consistent revenue and reputation to build on for the new operator. 

NOTE: This is not a coin-operated laundromat but sufficient income for this business to be 100% staff-managed.

Business Highlights:

• Weekly sales average of $4,000 between Summers and Winters over short operating hours of 9AM to 4PM
• Cheap Weekly Rent of $264.88! (ONLY $13,774 Annually)
• Excellent, well maintained machines (5 new machines purchased in March 2022 and under warranty)
  • 13 x Dryers
  • 7 x Washers
• Short Operating hours - 9AM to 4PM, 7 days
• No nearby competition! 
• Surrounded by complementing businesses - takeaway, dairy and lotto shop and lunch bar
• CCTV Cameras in place

Additional Revenue:

• Currently dry-cleaning is outsourced for a small commission - Option to bring this in house
• Internet Cafe, Printing and Copying services - Commercial printer/copier included
• Courier Collection Point - Monthly income from being a central drop-off/ pick-up point for courier drivers.

Asking Price: $245,000 + Stocks at Valuation

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.