Albany Creek Laundromat – $140k Fy26 Sales

An opportunity to acquire a modern, established and predominantly unattended laundromat in the well-established north-Brisbane suburb of Albany Creek.

Swift Suds Laundromat Albany Creek commenced operating in 2024 and was purpose-built with modern commercial equipment, extensive infrastructure, cashless payment systems and remote monitoring to support a low day-to-day staffing model.

The business is fully operational and generating established trading income, allowing a purchaser to acquire an operating business without the substantial cost, time and uncertainty involved in establishing a new laundromat from scratch.

FY2025/26 Financial Performance

• Accountant-prepared laundromat sales: $140,219
• Normalised operational profit: $58,147
• Operating hours: 6:00 am – 11:00 pm daily
• Contract offers from: $425,000

At the $425,000 offer level, the FY2025/26 normalised operating profit represents an indicative operating return of approximately 13.7% p.a.

Modern Commercial Fit-Out

The Albany Creek site incorporates a substantial investment in equipment, fit-out and supporting infrastructure, including:

• Modern commercial Primus washers and dryers
• Large-capacity machines suitable for doonas, bedding and bulky loads
• Commercial LPG dryer infrastructure
• Dedicated commercial electrical infrastructure
• Commercial hydraulic, drainage and ventilation systems
• TangerPay cashless payment technology
• Touchscreen and QR/mobile payment capability
• Automated detergent and fabric-softener dosing
• NBN connectivity with 4G backup
• CCTV and remote monitoring systems

The approximate current reproduction cost of a comparable laundromat is estimated at $440,000–$470,000 ex GST, before allowing for the time, development risk and customer establishment required to create a new business.

Predominantly Unattended Operation

The business has been designed around customer convenience and remote management.

Its predominantly unattended operating model provides a purchaser with flexibility in how actively they wish to operate the business while retaining the opportunity to introduce additional attended services if desired.

The laundromat services an established local customer base including families, renters, apartment residents, students, workers and customers requiring larger-capacity machines for bulky household items.

Further Growth Potential

Considerable opportunity remains for a new owner to expand revenue beyond the existing self-service operation.

Potential areas include wash-dry-fold services, pickup and delivery, commercial linen and laundry services, NDIS-related laundry services, additional vending and ancillary sales, expanded customer-loyalty programs and further digital marketing.

The site also has an established Swift Suds Saver Club with approximately 100 registered members, providing an existing customer-loyalty platform that could be further developed.

These services are not required to support the existing FY2025/26 financial performance and therefore provide potential additional upside for an active purchaser.

Long-Term Location

The business occupies an established Albany Creek location with the current lease running until 30 September 2031, together with a further 7-year option, providing continuity for a purchaser.

Reason for Sale

The business is being offered for sale solely due to the owners' planned relocation from Brisbane.

This is an asset and business sale including the operating laundromat, commercial equipment, fit-out, infrastructure, business systems and associated goodwill.

Contract offers from $425,000 are invited for the Albany Creek business.

The owners are also selling their Swift Suds Ashgrove laundromat separately, and offers to acquire both locations may be considered.

Further financial information, equipment schedules, lease information and a comprehensive confidential Information Memorandum are available to genuine prospective purchasers following completion of a confidentiality agreement.