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DealProspect/Listings/Cleaning

Passive Coin-Operated Laundromat - Northcote Area

Laundromat

ActiveCleaningVictoriaB2C
Asking price
$180,000
Disclosed · AUD
Revenue
$104,000
TTM
Earnings
—
Implied multiple
—

Brief

  • A passive, coin-operated laundromat on a busy inner-north Melbourne street, with a long lease remaining
  • Includes an on-site one-bedroom studio that can be owner-occupied or rented out separately
  • Equipment is largely new, with a cashless payment option alongside coin operation and a vending machine
  • No staff are required to run it, and the sale is driven by the vendor relocating, not by trading performance

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 $104,000 revenue, that points to about $180,000; reads like this are typically within 30%, so $126,000 to $234,000. It asks $180,000, inside that range.

Asking price
$180,00045% below the median of $327,000
Revenue
$104,000median is $130,000
Time listed
0 daysrecently listed

Laundromats in Victoria

Laundromats for sale in Victoria (9) →
Listed
9
+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
This listing · $180K
13%
75%
13%
$100K–$250K$500K–$1M

Australia 18

Cafes 429 · Takeaways 314 · Restaurants 245 · General retail businesses 70 · Supermarkets 64 · Newsagencies 63

Priced like this one

Laundromats for sale in Victoria (9) →