Coin Laundry, Laundrette - on the Peninsula. Takings $2,400 pw


Dromana VIC 3936



    • Franchise No
Phone enquiries - please quote property ID 25178

Located in the heart of the Mornington Peninsula - well established and profitable coin laundry.

The business provides extensive and impeccably maintained laundry facilities with 9 self service coin operated washing machines and 9 dryers. The laundry facilities are open 7 days from 6:30 am-9:30 pm. The laundrette also provides a drop off and pick up service for laundry and ironing, available 8:30 am-4:30 pm Mon-Fri. The business is currently run under management, with one full time employee to process the laundry on a daily basis and service the customers.

Key Features
Annual sales are approx $126k or $2,400 per week.
Low rent only $622 per week plus GST. Minimal outgoings.
9 Speed Queen self serve coin operated washing machines.
9 Speed Queen coin operated dryers.
Established and loyal customer base with untapped market potential.
All systems and procedures well documented.
Excellently designed interior, recently refurbished.
Large floor space - option to add more machines, expand services.
Perfect location in busy shopping precinct with constant foot traffic and ample parking.
Growth opportunities ready for the new owner.
Lease term is to 30/6/2023 with a further 3 year option.
Security deposit is 1 month rent.
Opportunity to buy a profitable and sustainable business to suit your lifestyle.
Perfect business for a local on the Peninsula.

This is an extremely rare opportunity to purchase a profitable business with no competition, a sound business model with huge growth potential along with a relaxing beach side lifestyle to match.

Owned by the vendor for over ten years, the laundrette is on the market due to owner retirement. With an asking price of only $155,000 this is an excellent investment and an outstanding return for the new owners.

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