Laundromat – Melbourne Northern Suburbs

Laundromat – Melbourne Northern Suburbs — Cleaning · Melbourne Northern Suburbs · Asking $250,000 · Revenue $130,000

Self-service laundromat in Melbourne's northern suburbs Fully automatic doors and security system in place Wide range of washing machine and dryer capacities on site Trades seven days a week with extended hours Current owners of nine years looking to move on

DealProspect/Listings/Cleaning

Laundromat – Melbourne Northern Suburbs

Laundromat

ActiveCleaningVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$250,000

Disclosed · AUD

Revenue

$130,000

TTM

Earnings

—

Implied multiple

—

Brief

Self-service laundromat in Melbourne's northern suburbs
Fully automatic doors and security system in place
Wide range of washing machine and dryer capacities on site
Trades seven days a week with extended hours
Current owners of nine years looking to move on

How it compares

Laundromats in Victoria · asking prices

In line with past laundromats like it

Past laundromats like it ask a median 1.73× revenue. On its $130,000 revenue, that points to about $225,000; reads like this are typically within 30%, so $158,000 to $293,000. It asks $250,000, inside that range.

Asking price: $250,00032% below the median of $365,000
Revenue: $130,000median is $130,000
Time listed: 39 daysno price change

Laundromats in Victoria

Laundromats for sale in Victoria (12) →

Listed

+5 in 30 days

Median asking

$365K

11 priced

Median revenue

$130K

9 disclose

Earnings multiple

1.6×

19 listings

Asking price spread11 of 12 state a price

This listing · $250K

18%

64%

18%

$100K–$250K$500K–$1M

Australia 22

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