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DealProspect/Listings/Cleaning

Coin Laundry & Linen Service - Geelong

Laundromat

ActiveCleaningVictoriaB2B & B2C
Asking price
$130,000
Disclosed · AUD
Revenue
—
Earnings (est.)
~$88,207
Estimated · comparable listings of this type and size · typically within ±25%
Typical multiple
~1.5×
comparable listings of this type and size · typically within ±25%

Brief

  • Established coin laundry with multiple income streams: self-service, commercial laundry and linen services
  • Fully equipped with a wide range of commercial washers, dryers and a professional linen press
  • Long-term, trained staff manage daily operations, suited to a passive investment
  • Low weekly rent on a secure lease with 5+5 year options
  • Growth potential servicing accommodation providers, motels and hospitality businesses
Listed
11
+6 in 30 days
Median asking
$327K
10 priced
Median revenue
$130K
7 disclose
Earnings multiple
1.7×
18 listings
Asking price spread10 of 11 state a price
This listing · $130K
20%
60%
20%
$100K–$250K$500K–$1M

Australia 20

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