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DealProspect/Listings/Services

Dry Cleaning Business - Sandringham

Laundromat

ActiveServicesVictoriaB2C
Asking price
$150,000
Disclosed · AUD
Revenue
$312,000
TTM
Earnings (est.)
~$97,500
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.5×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Operates 5.5 days a week, same owner for 10 years
  • 9 years remaining on the lease at $770 per week rent
  • High gross profit margin; noted as a big improver