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High Performing Self Service Laundromat Parramatta

$675,000

Parramatta Region, New South Wales

High Performing Self Service Laundromat Parramatta

Looking for a solid revenue but with minimal work involved then look no further as this fully automated cashless laundry business is an amazing business opportunity!

This modern laundromat is fitted with card operated washing and drying heavy duty machines that are perfect for large washes and industrial wear. Only 3yrs old, this business is one of the best performing laundromats in the country!

The business comes with 24hr CCTV monitoring, plenty of parking, and good access to public transport with lots of restaurants, cafes, shops and parks in close proximity to the laundromat for users to pass time while washing and drying their loads. 

Located in a growing commercial and residential hub, the business is well set up to service customers from its surrounds! 

Key Investment Features:
• Sales growth year on year – current sales $256K p.a 
• Profit approx. $159K p.a 
• Fully automated opening and closing of the business. No need to turn up!
• Full financials available - no cash in business for transparency of earnings!
• Good lease terms with low rent
• Equipment in great working order and only 4 years old 
• 25 new, regularly maintained, Speed Queen commercial & industrial grade, heavy duty machines
• Very limited involvement from owner - occasional cleaning 
• Solid stable returns for an investor - ~25% return on investment!!

For your full information pack including address of business, financials, lease, please complete an online confidentiality agreement and click on the below link

https://linkbusiness.com.au/businesses-for-sale/CA/NSW09998 

Gareth Wolrige
Business Broker
Phone: + 61 2 9899 1999
Mobile: +61 448 715 762
Email: gareth.wolrige@linkbusiness.com.au

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
Ref: NSW09998
Timestamp: 20210918030109

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Last updated: 18th September 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Parramatta
State
 New South Wales
Price
$675,000
Category
  • Cleaning

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