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DealProspect/Listings/Cleaning

Coin Laundry — Glen Waverley

Laundromat

ActiveCleaningVictoriaB2C
Asking price
$388,000
Disclosed · AUD
Revenue
$234,000
TTM
Earnings
—
Implied multiple
—

Brief

  • Long-established coin laundry on a busy main road in Glen Waverley with strong passing foot traffic.
  • Fitted with top-brand American machines and an automatic door-lock system, described as low-maintenance to run.
  • Broker notes low rent and a long secured lease as supporting the business's stability.
  • Suited to either an owner-operator or a more hands-off investor.
Listed
34
+5 in 30 days
Median asking
$270K
34 priced
Median revenue
$208K
30 disclose
Earnings multiple
1.9×
22 listings
Asking price spread34 of 34 state a price
This listing · $388K
24%
62%
3%
Under $100K$1M–$2.5M

Australia 44

Restaurants 1020 · Takeaways 940 · Cafes 897 · Liquor stores 148 · Convenience stores 140 · General retail businesses 131