Passive Laundromat near Northcote for Sale

About the Business

Passive Laundromat near Northcote for Sale
$2K weekly, no staff, 11-year lease

THE OPPORTUNITY
A fully passive, coin-operated laundromat on a busy Melbourne inner-north main street - complete with an on-site 1-bedroom studio - is now available for acquisition at $180,000. With $2,000 in weekly turnover, no staff required, modern equipment, and 11 years of lease security, this is one of the most straightforward, low-risk business acquisitions available in Melbourne's inner north.

The vendors are selling due to the location being too far from their primary residence - a relocation-driven sale with no concern about business performance or potential.

WHY THIS BUSINESS STANDS OUT
- Generates approximately $2,000 per week in fully passive coin-operated revenue - no staff, no wages, minimal owner involvement required
- On-site 1-bedroom studio included - use as an owner-occupier residence or generate additional rental income, significantly enhancing the overall return on investment
- Newly refreshed premises in excellent presentation condition - modern, welcoming fit-out requiring no immediate capital expenditure
- 10 washing machines including 7 brand-new units, plus 14 commercial dryers - modern equipment minimising maintenance costs and downtime risk
- TanjiPay cashless payment system installed alongside traditional coin operation - broadening customer accessibility and future-proofing the revenue model
- Vending machine providing an additional passive income stream
- 11 years of total lease security at controlled 3% CPI rent reviews - exceptional tenure certainty for an incoming owner
- Prime inner-north main street location - high foot and vehicle traffic year-round from a dense, renter-heavy residential catchment
- The area's high proportion of renters and apartment dwellers creates consistent, year-round demand for laundromat services
- 24/7 operation - 84 hours of weekly trading with zero staffing cost

ASKING PRICE: $180,000

All enquiries handled in strict confidence. Contact the exclusive agent today.

EXCLUSIVE SELLING AGENT
Gabrielle Zhang - Business Broker
Mobile: 0433 297 367
Email: [email protected]
Office: 1300 737 961

DISCLAIMER:
Mercury Business Sales and Valuation and/or their agents, for themselves and for the vendor of this business for whom they act give notice that (i) All information given in relation to this business, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment Mercury Business Sales and Valuation has any authority to make or give any representation or warranty.
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