Price
$258,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Melbourne Region, Melbourne
Category
Services, Cleaning
Listing #
ME02633
Coin Laundry Taking $2,300pw under management. Very simple business in Busy Inner Northern Location. Situated in busy shopping strip on a Main Rd with lots of potential for higher turnover due to 6-7 multi-storey building to be built nearby.
This relatively new business is 9 months young which cost $170,000 to setup and is still in its growth phase & offers:
*Only $412pw rent & 13.5 years lease with low overheads.
*Excellent plant & equipment including 7 commercial washers & 8 dryers in addition to a vending machine all both Eftpos & Coin operated.
*Bright clean premises with storage facility & security system.
*Additional weekly income of $1,400pw in addition to the $2,300pw is generated from a towel service for a nearby & busy retail outlet.
*Great opportunity, very little input, virtually self-managed.
*Tremendous value
Please contact Sanjay Agrawal from LINK on the below:
Phone: 0402 023 502
Email: [email protected]
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
