Price
$399,000
Profit *
$90,000
Sales Revenue
$150,000
Location
Waikato Region, Hamilton
Category
Services, Cleaning
Listing #
EL04078
Passive income from dirty clothes!
Self-service laundromats are always in HOT demand. Such a simple business to operate and with great cash-flow. No staff – how good is that?! Operating costs are exceptionally low.
This one is superb and is located in a very busy Hamilton shopping centre and near a busy supermarket with huge foot traffic. There is heaps of free parking here so access is simple.
The equipment is high quality American-made and there are 9 washing machines and 14 dryers all capable of either coin or EFTPOS operation.
The owner of this one lives nowhere near this business and the security company actually opens and closes the shop! A more hands-on owner would invest more time and energy into marketing and social media promotion so there is certainly growth to be had here.
As it is, there is around $90,000 here as passive income. The possibilities go much further.
BUSINESS HIGHLIGHTS
This is such a simple business to own and there is a real opportunity to increase sales and profit through effective marketing. Call me now for further information!
Asking $399,000 plus stock
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business, a stock photo image may be used to represent the business.
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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