24/7 Coin-Operated Laundromat - Maribyrnong Area

24/7 Coin-Operated Laundromat - Maribyrnong Area — Cleaning · Maribyrnong area · Asking Expressions of Interest · Revenue $117,000

A fully passive, 24-hour coin-operated laundromat on a busy main road, with a long lease still to run An on-site two-bedroom unit adds a further rental income stream alongside the laundry takings Equipment is largely new, including washing machines and dryers, plus a cashless payment system and a vending machine Runs with no staff, and the vendor is selling purely because the site is too far from…

DealProspect/Listings/Cleaning

24/7 Coin-Operated Laundromat - Maribyrnong Area

Laundromat

ActiveCleaningVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

~$225,003

est. from comparable listings of this type and size · typically within ±30% · AUD

Revenue

$117,000

TTM

Earnings (est.)

~$152,668

Estimated · comparable listings of this type and size · typically within ±30%

Implied multiple (assumed)

~1.5×

Assumed · estimated price ÷ estimated earnings (as advertised)

Brief

A fully passive, 24-hour coin-operated laundromat on a busy main road, with a long lease still to run
An on-site two-bedroom unit adds a further rental income stream alongside the laundry takings
Equipment is largely new, including washing machines and dryers, plus a cashless payment system and a vending machine
Runs with no staff, and the vendor is selling purely because the site is too far from them to manage

Laundromats in Victoria

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Listed

+4 in 30 days

Median asking

$327K

8 priced

Median revenue

$130K

7 disclose

Earnings multiple

1.8×

19 listings

Asking price spread8 of 9 state a price

13%

75%

13%

$100K–$250K$500K–$1M

Australia 18

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