New South Wales
High Performing Self Service Laundromat Parramatta
For Sale | $675,000
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
Phone: + 61 2 9899 1999
Mobile: +61 448 715 762
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