Turnkey Laundromat Priced at Machine Value for Quick Sale! - Offers over $122K

Perfect for an owner-operator! A rare opportunity to acquire a well-established laundromat in Altona's popular beachside shopping strip for little more than the value of its commercial-grade Electrolux machines. Located in a high visibility beachside area with strong foot traffic and ample parking, it has a loyal local clientele and a solid foundation for growth.

While the 2024 financial year reflected a loss, several key operational improvements in 2025 have already returned the business to profitability for the first quarter (Financials will be presented in the Information Memorandum).
An owner-operator can easily increase profits through simple additions which will be highlighted in the information memorandum.

Fully equipped with 2017 Electrolux Washers and Dryers:

2 10kg Electrolux washers
2 14kg Electrolux washers
1 28kg Electrolux washer
8 Electrolux medium dryers
2 Electrolux large dryers

The business also includes a Tangerpay payment system, CCTV, and an automatic door closer. A new owner-operator with a hands-on approach could build this into a highly profitable, low-maintenance operation.

Lease: 5 years from March 2023 with a further 5-year option
Hours: 6am-11pm, 7 days
Rent: $3,470.32+GST per calendar month (includes council rates)
Asking Price: Offers over $122k
Sale Terms: Cash offers only

Next Steps: Interested buyers are to provide proof of financial capacity to purchase. Upon receipt, a confidentiality agreement will be issued, followed by access to the full Information Memorandum, gas, electricity and water bills, business address and lease details.

For more details, please email broker or call agents.