Laundromat in Prime Bay of Island LocationListing: #NL00173
About this Business for sale in Far NorthLaundromat in Prime Bay of Island Location
Take advantage of this growing tourism market!
Key features of this business:
- 7 Washing Machines and 8 Dryers available 24 hours for self-service clients who represent 54% of the sales
- A 16kg Commercial Washing Machine and a 23kg Commercial Dryer service the commercial clients, who represent the remaining 46% of the revenue
- Operating hours: 24 hours, seven days a week. Attended hours from 8.30 am to 3.30 am (open later during summer months)
- Rent $346.15 + GST + OPEX per week
- Weekly sales of $2,000 and growing - there has been steady growth on last year's figures already.
The current owners bought the business in 2016 and have invested time and money into the new equipment and obtaining new clients - they now want to move on and hand the keys over to someone with more energy to take it further.
This business is a fantastic, low maintenance opportunity returning the working owners a healthy income.
Asking: $150,000 (neg)
027 454 8586
Note: 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. Please contact the broker for further details.
+64 9 222 0120
+64 27 454 8586
*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.