Well-established Laundromat In Sydney - Quick Sale!

This is a unique chance to own a highly profitable and strategically located laundromat in southeast Sydney. Established in mid-2023, this business has quickly built a strong reputation for quality service, thanks to its prime location near a busy hospital. Operating daily from 6:00 am to 10:00 pm, the laundromat includes a versatile back room with potential for expansion. The current owner is motivated for a quick sale, making this an ideal investment for anyone looking to step into a successful and growing business.

Key Business Highlights:
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Revenue:
• Laundry Revenue (FY2024): $82,303
•

Profit:
• Net Profit (Laundry): $32,133
• Owner's Wage: $11,375 (FY2024 - 13 weeks)
•

History:
• Established: July 2023
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Location:
• Situated in southeast Sydney, near a busy hospital, ensuring a consistent and reliable customer flow.
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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.
• The owner is selling 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 perfect 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.

Contact us today to learn more about this exciting opportunity!

Listing ID:NSW11433

Broker:Yulin TuPhone: XXXXXXXXXX Email: XXXXXXXXXX

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

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