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DealProspect/Listings/Cleaning

Coin Laundry -- Footscray

Laundromat

ActiveCleaningVictoriaB2C
Asking price
$188,000
Disclosed · AUD
Revenue
$130,000
TTM
Earnings
Implied multiple

Brief

A self-service coin laundry in a busy Footscray location with very low occupancy costs and a long-term lease. Held by the same owner for a decade, the operator sees room to grow takings further, and the business requires minimal day-to-day involvement.

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 · $188K
25%
59%
3%
Under $100K$1M–$2.5M

Australia 41

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