Summary
Highly profitable 24/7 laundromat. $75.6k annual net profit with exceptional 70.4% margins. Premium commercial equipment with massive longevity. Very cheap rent. Cash settlement only.
Reason for Sale
Well-established and highly profitable laundromat. The current owner has expanded the business with innovative passive income streams, commercial servicing and a loyal repeat customer base now ready to hand over this thriving operation to a new owner.
About the Business
About the business
Lease: Secure lease until 31 March 2029 with 2 x further 5-year term options.
Cheap Rent: Incredibly low overheads at $1,727.84 + GST per month (CPI indexed).
Opening Hours: 24 hrs
Equipment: CCTV and Flat Screen TV and Soap machine, note changer, Tangerpay portal
Machines: 5 x 10kg washers, 2 x 14kg washers, 2 x 18kg washers, 4 x 14kg dryers, 4 x 18kg dryers
Brand: Premium IPSO commercial-grade machines (Built late 2016). These heavy-duty industrial workhorses are engineered for a 30-year operational lifecycle, meaning they are just hitting their stride with massive longevity remaining.
Financials EOFY 2026
Gross Revenue (Inc. GST): $118,201.00
Net Revenue (Ex. GST): $107,455.97
Net Profit: $75,647.25
Profit Margin: 70.40%
Commercial Servicing
The current owner has established profitable commercial laundry clients. Clients either drop off items onsite or in 24-hour lockers, or have items collected and returned by the owner. This flexible model has added steady income while only requiring 2–12 hours of work per week, depending on commercial demand and seasonality.
Growth & Expansion Opportunities
Reopen the Service Door: The previous owner earned an extra $1,000 per week through attended services. Substantial potential exists to add outsourced dry cleaning or ironing to increase revenues, and grow commercial contracts for high-margin income.
Massive Foot Traffic: Approximately 350,000 pedestrians walk past the storefront annually.
Surrounding Developments: Three major residential developments are currently under construction on the exact same block (due for completion across 2026/2027), bringing thousands of new residents and commuters to the immediate area.
Sale Terms
Cash Settlement Only. This business is operated within a multi-asset corporate entity without separate standalone tax returns. Consequently, traditional independent bank finance will not be available for this transaction. This sale is exclusively suited to cash-ready buyers looking for a clean, unconditional asset transfer.
Next Steps
To protect business privacy, the exact location and brand details are strictly confidential. Interested parties must complete a Non-Disclosure Agreement (NDA) and provide a basic verification of cash capacity prior to receiving the Information Memorandum, Section 52 statement, and lease documentation.
Please note: The listed suburb may vary slightly for privacy purposes.
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