Summary
Established Illawarra laundromat, 30+ years trading, $328K FY25-26 income, $123K adjusted owner-operator profit, government contract and secure lease to 2035.
Revenue
$328,026 pa
Rent
$58,726 pa
Expenses
$145,575 pa
Net Profit
$123,725 pa
Potential
Strong potential to grow an already established business. FY2025-26 revenue increased 8.2%, with recurring commercial demand and an active multi-year NSW Government contract. Further upside exists through additional commercial accounts, greater pickup and delivery coverage, extended/weekend trading hours, stronger local digital marketing and continued development of domestic and commercial services.
Skills
No specialist qualifications are required. Best suited to a hands-on owner-operator with good customer service, staff management, scheduling, quality control and basic business administration skills. Laundry or service-business experience would be useful but is not essential. Established systems, equipment and an experienced local team support a straightforward handover.
Hours
Mon 9am-5pm; Tue-Fri 8:30am-5pm; Sat-Sun closed.
Lease
5-year lease to 3 Sep 2030 + 5-year option to 3 Sep 2035. 3.5% annual increases; market review at renewal.
Employees
Small established local team. The current P&L includes a full-time day-to-day operator role that can be taken on by the purchaser as an owner-operator, converting that wage expense into owner income.
Reason for Sale
The owners are relocating interstate and have therefore made the decision to sell the business. The laundromat is established, profitable and operating normally, presenting an opportunity for a new owner-operator to take over a well-established business with a strong local customer base and further growth potential.
About the Business
Established commercial and domestic laundromat operating in the Illawarra region for more than 30 years, with a strong local reputation and diversified customer base.
The business provides a full range of laundry services to domestic and commercial customers, including washing, drying, folding and ironing. Customers include local residents, tourists, cleaning businesses, property managers, medical venues, sporting organisations, cafés and restaurants.
Revenue is diversified across commercial laundry, domestic laundry and walk-in/cash trade. The business also benefits from an active multi-year laundry agreement with a NSW Government agency, providing a valuable recurring revenue stream alongside a growing commercial customer base.
FY2025-26 total income was approximately $328,000, an increase of 8.2% on the previous financial year. Adjusted owner-operator profit was approximately $123,725.
The business is particularly suited to a hands-on owner-operator. Current accounts include a full-time wage associated with operating the business day to day. A purchaser who takes on this role can effectively convert that wage expense into owner income.
The premises are well equipped for both commercial and domestic work, with multiple commercial washing machines and dryers, dedicated ironing, folding and storage areas, established signage, website and social media assets, and a vehicle included as part of the business assets.
A secure long-term lease is in place, with the current term running until September 2030 and a further five-year option available through to September 2035.
There is further growth potential through additional commercial accounts, greater promotion of pickup and delivery services, expanded trading hours and continued local marketing.
The sale includes the established business operation, plant and equipment, digital assets and goodwill. Full business identity, financial information, asset register, lease details and supporting due-diligence documents are available to genuine purchasers following execution of a confidentiality agreement.
History
Operating continuously in the Illawarra region for more than 30 years, the business has built a strong local reputation and loyal customer base. Over time it has evolved through rebranding, equipment upgrades and expansion into commercial laundry services. Recent investment includes newer washers and dryers, updated signage, website development and improved premises, with recurring commercial work including a multi-year NSW Government contract.
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