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DealProspect/Listings/Cleaning

Coin Laundry – Springvale

Laundromat

ActiveCleaningVictoriaB2C
Asking price
$1,280,000
Disclosed · AUD
Revenue
$468,000
TTM
Earnings
Implied multiple

Brief

A well-established, profitable coin laundry in Springvale with low rent locked in under a long fifteen-year lease. The self-serve format keeps running costs down, and the business is described as stable with steady local demand.

Laundromats in Victoria

All 33
Listed
33
+4 in 30 days
Median asking
$255K
32 priced
Median revenue
$195K
30 disclose
Earnings multiple
1.9×
18 listings
Asking price spread32 of 33 state a price
This listing · $1.3M
25%
59%
3%
Under $100K$1M–$2.5M

Australia 41

Restaurants 1022 · Takeaways 927 · Cafes 885 · Liquor stores 145 · Convenience stores 141 · Bakeries 127