Modern Automated Laundromat, Preston - Low Rent, Long Lease
Laundromat
ActiveCleaningVictoriaB2C
Asking price
$365,000
Disclosed · AUD
Revenue
$79,667
TTM
Earnings
—
Implied multiple
—
Brief
A largely unattended, automated self-service laundromat on a busy Preston main road, with commercial equipment under five years old and a long lease secured to 2037 at low rent. Suits an investor wanting a hands-off business.
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Where this asking price sits against similar businesses for sale.
Laundromats in Victoria
Laundromats for sale in Victoria (12) →Listed
12
+5 in 30 days
Median asking
$365K
11 priced
Median revenue
$130K
9 disclose
Earnings multiple
1.7×
20 listings
Asking price spread11 of 12 state a price
This listing · $365K
18%
$100K–$250K$500K–$1M
Australia 23
Cafes 441 · Takeaways 314 · Restaurants 247 · Supermarkets 69 · General retail businesses 67 · Newsagencies 67
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