Established Laundromat In Prime Parramatta Location (under Contract)

Are you looking to step into a successful business venture? We're thrilled to present an established laundromat located in a prime corner position, ensuring high visibility and constant traffic flow. It is positioned in a prosperous neighbourhood with a strong demand for laundry services, it's the top choice for local residents.

With no competitors within a 7-kilometer radius, this laundromat holds a dominant position in the market, providing a secure and profitable business environment. They offer a comprehensive range of services, including laundry, dry cleaning, and expert ironing, addressing a wide range of customer needs. The spacious shop provides room for further expansion, it is possible to turn part of the space into a small cafe, unlocking even more profit potential. It is secured with a long lease of 3 + 5 years left.

2023 Financial highlight

Sales: $410,249

Rent: $30,824

PEBITDA/Net Profit: $169,115

Business Highlights:

Outstanding Reputation: With a 4.9-star Google review rating, this laundromat has earned a sterling reputation for top-quality service and customer satisfaction.

Fully Owned Equipment: All machines and equipment are fully owned, reducing overhead costs and ensuring complete control over your operations.

Simple Operation: This laundromat follows an easy-to-learn and operate business model, making it accessible to individuals with varying levels of experience.

Consistent and Reliable: With seven years of successful operation, this business has demonstrated consistent and stable performance, offering a reliable income stream.

To find out more on the business, please contact Canaan on the enquiry button or contact on XXXXXXXXXX

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

Canaan is a licensed business broker with over 10 years experiences in selling all types of businesses throughout Sydney and NSW. When you are looking for a business broker with experience you can go no further than Canaan Lim, give him a call on XXXXXXXXXX to discuss further.

Property Code: 199