Link Business
*** SOLD ***

Hamilton Laundromat. Cash Flow Plus! Superb Equipment

Listing: #EL04078
price

$399,000

Profit

$90,000

sales

$150,000

industry

Hamilton

Industry

Services


Rafiq Bhamani

Broker | Auckland - Ellerslie

Rafiq Bhamani

rafiq.bhamani@linkbusiness.co.nz

+64 9 579 9226

+64 21 129 1916

This listing is no longer taking enquiries as it is SOLD

About this Business for sale in Hamilton

Hamilton Laundromat. Cash Flow Plus! Superb Equipment

Passive income from dirty clothes!

Self-service laundromats are always in  HOT demand. Such a simple business to operate and with great cash-flow. No staff – how good is that?! Operating costs are exceptionally low.

This one is superb and is located in a very busy Hamilton shopping centre and near a busy supermarket with huge foot traffic. There is heaps of free parking here so access is simple.

The equipment is high quality American-made and there are 9 washing machines and 14 dryers all capable of either coin or EFTPOS operation.

The owner of this one lives nowhere near this business and the security company actually opens and closes the shop!  A more hands-on owner would invest more time and energy into marketing and social media promotion so there is certainly growth to be had here.

As it is, there is around $90,000 here as passive income.  The possibilities go much further.

BUSINESS HIGHLIGHTS

  • Well-established business – 6 yrs plus
  • Super strong location in Hamilton Shopping Complex
  • High foot traffic area
  • Free Parking
  • Free Wi-Fi  and TV for entertainment
  • Strong lease in place
  • Very well-maintained equipment
  • All machines are American brand Speed Queen
  • Profit $90,000 (3 years average)

This is such a simple business to own and there is a real opportunity to increase sales and profit through effective marketing. Call me now for further information!

Asking $399,000 plus stock

***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.

Auckland - Ellerslie
rafiq.bhamani@linkbusiness.co.nz
+64 9 579 9226
+64 21 129 1916

Rafiq Bhamani

Enquire Now
This listing is no longer taking enquiries as it is SOLD

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.