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DealProspect/Listings/Cleaning

Dry Cleaning Business, Tullamarine

Laundromat

ActiveCleaningVictoriaB2C
Asking price
$150,000
Disclosed · AUD
Revenue
Earnings (est.)
~$104,001
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.4×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Established dry cleaning and garment-care business operating from shopping centre premises near Tullamarine for over 20 years
  • Approximately 30-40 regular customers with no direct dry cleaning competitor within the immediate shopping centre
  • On-site dry cleaning equipment and established operating systems
  • Lease secured through to February 2031
  • Scope to grow via commercial accounts, additional garment-care services and extended trading hours

Laundromats in Victoria

All 30
Listed
30
+1 in 30 days
Median asking
$353K
25 priced
Median revenue
$286K
20 disclose
Earnings multiple
2.4×
19 listings
Price drops
1
in 30 days
Asking price spread25 of 30 state a price
This listing · $150K
16%
16%
60%
8%
Under $100K$500K–$1M

Australia 43

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