794. LAUNDROMAT ON THE GOLD COAST $150,000

black-and-white-clean-cleaning-4414-The owner took over the business in March 2006.

-Trading hours: 6am to 9pm Monday to Sunday.

-Total 7 washing machines with capacity of 80kg and 6 driers with capacity of 85kg.

-Fully under management by staff.

-Yearly rent: $13,680.09 inclusive GST outgoing.
-New lease confirmed with the landlord: 3+3+3 years with CPI increase per year.

-There is still potential to grow, Facebook campaign and letter box dropping is a good way to expand market.

-2018 yearly adjusted net profit is around $23,843.51

-Listing price $150,000

-Option two: lease the premise and rent the equipment at $2,500 + GST per month.

-To arrange an inspection please contact Joe on 0435 860 911