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DealProspect/Listings/Cleaning

Coin-Operated Laundromat – South Auckland

Laundromat

ActiveCleaningAucklandB2C
Asking price
$165,000
Disclosed · NZD
Revenue (est.)
~$112,230
Estimated · comparable listings of this type and size
Earnings (est.)
~$92,984
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.8×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Coin-operated laundromat in South Auckland, run by the current owners for over 4 years
  • 14 dryers and 11 washers (Electrolux brand)
  • Very low net rent after sub-lease income from an on-site barber shop
  • No marketing conducted to date; currently open 7am-7pm with potential to extend to 24/7