Passive Laundromat near Northcote for Sale
$2K weekly, no staff, 11-year lease
THE OPPORTUNITY
A coin-operated laundromat on a busy Melbourne inner-north main street, complete with an on-site 1-bedroom studio, is now available for acquisition at $180,000. With $2,000 in weekly turnover, no staff required, modern equipment, and 11 years of lease security, this is one of the most straightforward, low-risk business acquisitions available in Melbourne’s inner north.
The vendors are selling to concentrate on other projects.
VALUE-ADDED SERVICES
• Wash Dry Fold
• Commercial Accounts
• Dry Cleaning
• Airbnb
• And more
WHY THIS BUSINESS STANDS OUT
• Generates approximately $2,000 per week in coin-operated revenue, with no staff, no wages, and minimal owner involvement required
• On-site 1-bedroom studio included, currently rented at $350 per week with 6 months remaining
• Newly refreshed premises in excellent presentation condition, with a modern, welcoming fit-out requiring no immediate capital expenditure
• 10 washing machines including 7 brand-new units, plus 14 commercial dryers, minimising maintenance costs and downtime risk
• TangerPay cashless payment system installed alongside traditional coin operation
• Change machine on site
• Amazon Lockers attracting customers to the store
• Vending machine providing an additional passive income stream
• Large rear yard
• Residential developments under construction in the area
• 11 years of total lease security at controlled 3% CPI rent reviews
• Prime inner-north main street location with high foot and vehicle traffic year-round from a dense, renter-heavy residential catchment
• The area’s high proportion of renters and apartment dwellers creates consistent, year-round demand for laundromat services
• Trading hours: 24 hours, with zero staffing cost
ASKING PRICE: $180,000
All enquiries handled in strict confidence. Contact the exclusive agents today.
EXCLUSIVE SELLING AGENTS
Azgan Domnori
Mobile: 0421 958 873
Email: azgan@mercba.com.au
Gabrielle Zhang
Mobile: 0433 297 367
Email: gaby@mercba.com.au
Office: 1300 737 961
DISCLAIMER:
Mercury Business Sales and Valuation and/or their agents, for themselves and for the vendor of this business for whom they act give notice that (i) All information given in relation to this business, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment Mercury Business Sales and Valuation has any authority to make or give any representation or warranty.
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