A rare opportunity to purchase a long-standing and highly regarded laundromat in the heart of St Kilda, one of Melbourne's most vibrant and densely populated suburbs. Located along a super busy main road with high pedestrian activity, this business enjoys excellent visibility and a strong reputation within the local community. With over 15 years of consistent operation, this laundrette has become a popular and trusted choice for both residential customers and regular commercial clientele.
Business Highlights:
- Gross revenue of over 250k PA (approximate breakdown is: coin Landry 60k, service wash 150k, alterations 40k) - Operating successfully for more than 15 years with a solid reputation - Machines updated in recent years for improved reliability and service - Low rent 50k PA - High profit margin
Services include:
- Coin-operated self-serve laundry - Service wash and ironing - Dry cleaning - Alterations - Delivery service (fully owned business vehicle included)
Longstanding commercial clientele provides a reliable source of repeat business
Efficient & Flexible Operation:
- Can be run with one staff/owner supervision for around 4-5 hours per day - Very low overheads and high return on investment - Includes double car park a major asset in this high-demand area
Secure Lease & Strong Location:
- Great long-term lease in place at a competitive rate - Positioned on a busy main thoroughfare in St Kilda with consistent exposure and foot traffic
This is a turnkey, well-established business that offers a rare blend of stability, flexibility, and profitability. With a strong local following and room to grow, It is perfect for first-time buyers or experienced operators.
Asking Price: $420,000
Upon enquiry, a confidentiality agreement will be provided and must be signed before further business details can be shared.
Business Broker: Joseph Lanzer M: 0427914823 E: joseph@dipettagroup.com.au
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