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DealProspect/Listings/Cleaning

Coin Laundry – South-Eastern Suburbs

Laundromat

ActiveCleaningVictoriaB2C
Asking price
$350,000
Disclosed · AUD
Revenue
$234,000
TTM
Earnings
—
Implied multiple
—

Brief

A self-service laundry in Melbourne's south-eastern suburbs with low rent and a long lease term. The same owner has operated it for close to three decades and the ad describes newer machines and an automatic door locker system, with trade said to be steady and easy to manage.

Laundromats in Victoria

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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 · $350K
25%
59%
3%
Under $100K$1M–$2.5M

Australia 41

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

Priced like this one

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