Coin Laundry, Preston

Coin Laundry, Preston — Cleaning · Preston · Asking $550,000 · Revenue $208,000

A coin laundry on a busy Preston road fitted with new American-brand machines, a storeroom and a car park. Low rent and a long lease support a steady cash income with minimal day-to-day involvement.

DealProspect/Listings/Cleaning

Coin Laundry, Preston

Laundromat

ActiveCleaningVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$550,000

Disclosed · AUD

Revenue

$208,000

TTM

Earnings

—

Implied multiple

—

Brief

A coin laundry on a busy Preston road fitted with new American-brand machines, a storeroom and a car park. Low rent and a long lease support a steady cash income with minimal day-to-day involvement.

Laundromats in Victoria

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Listed

+13 in 30 days

Median asking

$270K

42 priced

Median revenue

$195K

38 disclose

Earnings multiple

1.8×

21 listings

Asking price spread42 of 42 state a price

This listing · $550K

26%

57%

Under $100K$1M–$2.5M

Australia 53

Restaurants 1069 · Takeaways 1003 · Cafes 962 · Liquor stores 156 · Convenience stores 153 · Bakeries 133

Priced like this one

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