NEW LAUNDROMAT LISTING: Highly Profitable, High-Exposure, Altona North
This well-established laundromat in Altona North offers a low-maintenance investment with consistent income and growth potential. Located in a prime shopping strip on a major road with 12,000-15,000 cars and 5,000 trucks passing daily. This location has unparalleled exposure that's not currently being optimised, steady foot traffic, and huge amounts of parking.
Plant and equipment: Machines are approximately 11.5 years old.
Speed Queen front loaders and dryers are tested for a 30-year lifespan.
Washers x 9 (Speed Queen)
Dryers x 12 (Speed Queen)
Other onsite equipment
1 x Tangerpay portal
1 x Soap Dispenser
1 x Automated Door
2 x flat screen TVs
2 x Stainless Steel Benches and seating
Opening hours: Open seven days a week from 6am to 11pm.
Financial Performance: Jul 2025 - Feb 2026 (8 months)
Revenue: $100k
Net Profit: $58k+
Growth Opportunities
Install neon window signage to capture the 15,000 daily cars and 5,000 trucks passing the site at night.
Develop a website to attract new customers
Add a digital currency machine has been approved for this site, generating around $3,600 per year plus transaction fees
Increase site cleaning/machine maintenance/customer service
Lease: The lease runs until December 2027, so any offers would need to be subject to additional terms.
Important Information
Cash-only sale
All figures to be verified by the buyer during due diligence
Next Steps: Proof of financial capacity required prior to NDA release via redacted bank statement. After signing the NDA, confidential information will be leased.
Disclaimer: The information has been supplied by the vendor for general purposes only. While care has been taken, no representation or warranty is given as to its accuracy or completeness. Prospective purchasers must rely on their own due diligence and independent legal, accounting, and financial advice. Photos in this ad are for illustrative purposes only.
For more details, please email broker or call agents.
