SE Sydney Laundromat: Newly Established, $60K+ pa

This is a unique chance to acquire a highly profitable and well-positioned laundromat in southeast Sydney. Established in mid-2023, this business has rapidly gained a strong reputation for quality service, benefiting from its prime location near a busy hospital. The laundromat operates 6:00 am to 10:00 daily, features a coffee window for additional revenue, and offers a versatile back room with expansion potential. The current owner is seeking a quick sale, making this an ideal investment for anyone looking to step into a successful and growing business.

Key Business Highlights:

• Revenue:
  • Laundry Revenue (FY2024): $82,303
  • Coffee Revenue (FY2024 – 13 weeks): $28,426
     
• Profit:
  • Net Profit (Laundry): $32,133
  • Net Profit (Coffee): $8,523
  • Owner’s Wage: $11,375 (FY2024 – 13 weeks)
     
• History:
  • Established in July 2023.
    ​
• Location:
  • Situated in southeast Sydney, close to a busy hospital, ensuring a consistent and reliable customer flow.
     
• Lease:
  • Long-term lease with renewal options until 2032.
  • Current rent: $37,500 + GST per annum ($3,500 per month).
     
• Management/Owner:
  • Managed by a single owner since inception.
  • Owner is seeking to sell due to a shift in focus to other business ventures.
     
• Vendor's Urgency:
  • The vendor is motivated for a quick sale, offering a rare opportunity to acquire a well-established and profitable business.
     

Are You Ready to Invest in a Profitable Laundromat?

This unique opportunity is ideal for investors seeking a thriving business in the vibrant southeast Sydney area. With a solid foundation and significant growth potential, this laundromat is poised for continued success.

Listing ID: NSW11433

Broker: Yulin Tu
Phone: +61 477 327 133
Email: yulin.tu@linkbusiness.com.au

To learn more about this exceptional business opportunity, press the “Enquire Now” button to complete an online confidentiality agreement and access full details.

Ref: NSW11433