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DealProspect/Listings/Cleaning

Coin Laundry — South-Eastern Suburbs, Melbourne

Laundromat

ActiveCleaningVictoriaB2C
Asking price
$100,000
Disclosed · AUD
Revenue
—
Earnings (est.)
~$68,273
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.5×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

A coin-operated laundromat in Melbourne's south-eastern suburbs, held on a ten-year lease with low rent that includes a three-bedroom residence. Under the same ownership for around 15 years, the business is presented as stable with scope for further growth.

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 · $100K
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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