You couldn’t ask for a better location for this fully automated coin laundry! Perfectly positioned among all the hustle and bustle of one of St Kilda’s busiest shopping strips, the business is surrounded by hotels, hostels, high rise apartment buildings, plenty of public transport, and many key amenities including major supermarkets and pharmacies.
Open just prior to Covid 19 locking down Melbourne, the business is yet to reach it’s full potential, however is expected to do so in a short period of time as tourists and backpackers begin to flood St Kilda again.
Key features include:
*Taking $2,500 per week
*Fully automated, modern 40sqm premises
*NO staff required
*Open 7 days per week 6am-10pm
*Very reasonable rent at $540 per week
*Beautiful modern fit out including 14 medium – extra large washers and dryers
*Huge potential, business has not been marketed or advertised, can also service the surrounding hotels and hostels
*Experiences enormous rates of foot traffic
For more information please contact Nouha Mohtadi from LINK on the below:
Phone: 0411 755 568
*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.