Price
$860,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Queensland, Gold Coast Region
Category
Vending Machines
Listing #
GC00916
This well-established express laundry business, founded in 2013, caters to both domestic and commercial clients. With a focus on affordability, it offers a wide range of laundry services, including drop off and pick up options for added convenience.
The business has lucrative agreements in place with notable establishments such as a quarrying company, football club, medical clinic and several commercial businesses, benefiting from a captive market with no direct local competitors. As such, it is the perfect business for a family or husband-and-wife team, seeking a profitable and straightforward investment!
Sonia Van Der Merwe is thrilled to present a thriving express laundry business to the market.
This well-established venture has been catering to the community's laundry needs since 2013. Its rapid growth led to its three years later, showcasing its immense potential.
Strategically situated in a rapidly expanding residential community, it enjoys high visibility. Open daily, 365 days a year, from 6:30 am to 9 pm, it ensures convenience for customers seeking fast and efficient laundry services.
Services include:
It boasts an impressive setup with 10 industrial Dexter washers, 16 dryers and 3 soaking machines. Currently operating at 80% capacity, there is ample room for expansion by adding more washers and dryers. Additionally, the machines are coin-operated and supports cashless payments, keeping up with latest trends. All necessary assets, including security cameras and a fully sign written delivery vehicle, are included in the sale, ensuring a seamless transition.
Run as a family business, it also has additional part-timers and contractors who assist in the washing and ironing processes. The reliable team in place are committed to providing exceptional service that has earned the business a strong word-of-mouth reputation, complemented by marketing efforts through a well-designed website and targeted mail drops.
With its prime location, efficient operations and ample potential for growth, this business won't be in the market long. Contact Sonia today to learn more.
Asking Price $860,000
REF: GC00916
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.
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