UNDER OFFER Self Managed fully automated Coin Laundrette! Passive Income Stream $279,000 (16963)

Currently on offer is a self-service state-of-the-art fully automated coin laundromat that requires minimal to no staff to operate, enabling great work-life balance and consistent revenue.

*Over $300,000 set-up costs
*All equipment under 3 years old
*120sqm shop
*7 automated washers! Provision for an additional 2
*12 dryers! Provision for an additional 2
*All payment options available for customers
*20-year lease
*$403 per week rent
*Self-opening and closing of store at pre-set times

Sanjay Agrawal and the team at LINK Melbourne are thrilled to bring to the market this automated laundry service that has been operating since 2020. It is fully automated, enabling minimal to no staff to operate with the current owner spending only up to four hours per week on the business.

Strategically located on a bustling shopping strip, the business is exposed to a high rate of traffic every day of the week. It is surrounded by many other establishments, including professional services, a grocery store and takeaway food outlets.

The premises of the business span 120 sqm with state-of-the-art Card/coin-operated machines. It boasts of an automated opening and closing system, ensuring that customers always have access to the premises. A high-tech security system installed with fog cannons and remote access provides unparalleled safety and peace of mind 24/7

There is a huge potential to introduce serviced laundry, including wash, fold and ironing services to potentially increase revenue. The business is still on an upward trajectory and is backed up by a densely populated suburb with new residential and commercial developments popping up.

To learn more about this exciting opportunity, contact me today. I would be glad to guide you towards the next steps of the acquisition process.

Listing ID: 16963
Broker: Sanjay Agrawal
Phone: +61 402 023 502
Email: Sanjay.agrawal@linkbusiness.com.au