Internal Ref: B14973
Summary
An exceptional opportunity to acquire two established laundry sites in sought-after Essendon and Brunswick, sold as a package and generating a combined $16,000 per week.
Revenue
$16,000 pw
Rent
$2,375 pw
Lease
Essendon Location: 5x5 commenced 1/6/2023. Brunswick Location: 3x3x3 commenced 1/8/2023
Employees
1 FT Owner, 1 PT Owner, 4 Casual Staff for Essendon location. Brunswick Location- Run Under Management with 3 Staff
Reason for Sale
Retiring from the Industry
About the Business
Two High-Performing Laundry Businesses – Essendon & Brunswick with modern Automated 24/7 Systems
An exceptional opportunity to acquire two established laundry sites in sought-after Essendon and Brunswick, sold as a package and generating a combined $16,000 per week. Both locations offer modern 24/7 automated systems, providing strong convenience-driven income with reduced reliance on staff.
Essendon features secure 24/7 automated drop-off, while Brunswick offers 24/7 automated drop-off and pick-up plus a fully operational 24/7 self-service laundromat. The Brunswick store is also run under management, ideal for buyers seeking a semi-passive model.
The Essendon site has been operating for 50 years with the current owners for 32 years—an incredibly rare, long-standing business with a loyal customer base. Brunswick is a newer, modern site with strong growth and high foot traffic.
Combined rent for both premises is $9,500 pcm incl. GST, with strong leases in place (Essendon 5x5 commenced 2023; Brunswick 3x3x3 commenced 2023). Staffing includes 1 FT owner, 1 PT owner (approx. 20 hrs pw), 4 casuals in Essendon, and 3 staff in Brunswick under management.
A perfect opportunity for investors, family buyers, or an owner-operator seeking stable revenue, automated income streams, and multi-site security. Vendor is retiring from the industry but happy to provide a long and smooth handover.
For more information or to arrange a private inspection, contact:
Chris Panagiotidis & Elle Likopoulos – Absolute Business Brokers
0433 582 533 | [email protected]
Ref: B14973
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