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DealProspect/Listings/Cleaning

Coin Laundry - Fitzroy

Laundromat

ActiveCleaningVictoriaB2C
Asking price
$298,000
Disclosed · AUD
Revenue
$182,000
TTM
Net Profit
$106,600
Implied multiple
2.8×
asking / earnings

Brief

A coin laundry in Fitzroy on a busy street with heavy foot traffic, fully renovated and trading for three decades. Rent is low with years remaining on the lease, and the vendor reports a consistently high weekly take with no nearby competition.

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 · $298K
25%
59%
3%
Under $100K$1M–$2.5M

Australia 41

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