High-Profit, Low-Rent, Self-Serve Laundromat in Geelong West
First time for sale in 25 years! Long-standing, fully automated, self-serve laundromat in a high-traffic retail hub. 50+ years established, consistent high profits, low overheads, no staff needed. A rare opportunity to acquire a well-established, automated laundromat with high earnings, low running costs, and room to grow in one of West Geelong's most convenient retail pockets.
Financials:
Average net profit over the last four years: $65,000 - $70,000 per year.
Last 12 months - $56,000 due to lower rainfalls.
Reliable income with minimal owner involvement.
Benefits:
Exceptionally Low Rent: only $357+gst per week
Current lease to 5 July 2026 with a further 5-year option. Further terms shouldn't be an issue as the business has operated in this location for 50+ years
Fully automated & easy to manage
Suitable for semi-retirees or first-time business owners seeking a simple, low-stress operation.
Card and cash payments (80% card usage with POS financials and 20% coins)
Self-Serve
Equipment:
14 Dryers - 14kg dryers (approx. 11 yrs old)
10 Washers - 5 x 6.5kg washers, 4 x 10kg washers, 1 x 14kg washer (approx. 10 yrs old)
Speed Queen machines have a lifespan of 30+ years.
CCTV security
Automated entry door
BubblePay reporting system
Digital currency machine
Growth Opportunities:
Raise prices to current market levels (prices have not been increased for many years)
Replace smaller washers with larger washers to increase average customer dollar value
Install pet-wash machines, a growing and profitable niche with the increase of pet owners
With love and innovation this business could really grow
Prime Retail Location:
Hundreds of free parking spots across the road
Next to major supermarkets - Coles and Aldi
New double-storey residential developments in the area
Strong visibility and daily foot traffic
Next Steps: Please email me with proof of financial capacity.
*image is for illustrative purposes ONLY*
*All financials have been provided by the owner and all potential buyers need to conduct their own due diligence*
For more details, please email broker or call agents.
