Summary
Long lease, 10 Speed Queen washers, 14 dryer pockets, quality commercial equipment, low staffing requirements and located in a growing residential area. Ideal owner-operator or investor opportunity.
Revenue
$2,400 pw
Rent
$900 pw
Location Details
Located in Melbourne's thriving northern suburb, Surrounded by established residential communities, major retail centres, schools, public transport and ongoing population growth supporting future demand. Plenty of Car Park
Potential
Strong opportunity to increase revenue through pricing optimisation, expanded Wash, Dry & Fold services, local area marketing and increased machine utilisation. Located within a rapidly growing residential catchment with ongoing population growth.
Skills
No specialised skills required. Easy-to-operate self-service laundromat with established systems in place. Suitable for first-time business owners, investors or operators seeking a low-maintenance business with minimal staffing requirements.
Hours
Open 7 days per week. Largely self-service requiring limited owner involvement. Self Managed
Lease
Secure long-term lease in place. Long-term operational security and stability for future growth.
Employees
No full-time employees required.
Reason for Sale
The current owners are pursuing other business and personal interests and have decided to offer this established laundromat to the market. This presents an opportunity for a new owner to acquire a well-equipped operation with significant future growth potential.
About the Business
An outstanding opportunity to acquire a well-established self-service laundromat located within Melbourne's rapidly expanding northern growth corridor.
The business features a quality commercial equipment package including 10 Speed Queen washers and 14 dryer pockets, providing substantial replacement value and a strong platform for continued growth. Additional assets include a change machine, CCTV security system, monitored alarm, automatic entry doors, hot water infrastructure and wash, dry & fold services.
Operating with minimal staffing requirements, the business is suitable for owner-operators seeking flexibility or investors looking for a semi-managed opportunity. Revenue has shown a strong recovery following a temporary insured interruption, with current monthly revenue exceeding $10,000 and continuing to improve.
The laundromat services a growing residential catchment surrounded by established communities, retail amenities, schools and transport infrastructure. Ongoing population growth within the area provides strong long-term demand fundamentals.
Key Features:
• 10 Speed Queen commercial washers
• 14 dryer pockets
• Long-term lease with further options
• Wash, Dry & Fold service
• CCTV and monitored alarm system
• Automatic entry doors
• Minimal staffing requirements
• Strong recovery and growth potential
• Significant replacement value of plant and equipment
• Suitable for owner-operator or investor
Financial information will be provided to qualified purchasers following completion of a Confidentiality Agreement.
For further information, please contact:
Alex Sharma
Licensed Business Broker
Urban Nest Group
M: 0411 149 363
History
Established laundromat servicing its local community for many years. The business has developed a loyal customer base and benefits from a strategic position within a growing residential corridor. Recent investment in maintaining equipment and infrastructure provides a solid foundation for future growth and continued operation.
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