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SOLD! Automated Coin Laundry in Inner North-East! (Our Ref: V1648)

SOLD! Automated Coin Laundry in Inner North-East! (Our Ref: V1648)

Sold $249,000 - Services

 Victoria  North East Print this page

- Brand New coin laundry in the inner north-eastern suburbs only 1 year young!!
- All Industrial equipment in fantastic condition, includes 8 washing machines and 12 dryers!
- Washing Machines: 3 x 8 kg, 3 x 13.5 kg, 2 x 18 kg Dryers: 8 x 13.6 kg, 4 x 20.4 kg
- Long lease of 5+5 with incredibly cheap rent of only $300 per week with little overheads!
- Cost of over $200,000 to setup, equipment, fit-out, electrical and plumbing works..
- Top of the line machines able to wash up to 18kg in one load - not a cent to spend!
- Neighbouring major northern shopping centre in densely populated and busy area.
- Situated on main road with great exposure/foot traffic and huge potential to grow!
- Operating 7 days, 6am to 10pm, with little maintenance required and no competition.
- Fantastic lifestyle business, suitable as an additional business or investment opportunity.
- Very easy to operate business, with no staff required and little owner involvement.
- Spacious area with modern fit-out featuring automatic lights, door and security system.

Don’t miss this fantastic opportunity, no experience needed, this is the ideal first or additional business. Call now!

**Exclusive to Paramount Business Brokers (Our Ref V1648)
**Some Images Used for Illustration Purposes Only

“The statements and financial information relating to the subject business are based solely on information supplied by the vendor to Paramount Business Brokers (Paramount) and therefore Paramount does not warrant the accuracy of such statements and financial information and specifically excludes any liability in relation to same. Paramount strongly recommends that any prospective purchaser of the business seeks its own independent legal, accounting and financial advice and conducts its own due diligence of the business.”

Business Specialist: Fred Samoun

Fred’s business journey began in the early 90’s - and since then, he has had his sights firmly on the business landscape in one form or another… over the past 30 years; Fred has owned and managed several successful businesses throughout Melbourne and interstate. This led into a natural progression into the business broking world. For almost 20 years, Fred has specialised in the Sales, Merger & Acquisition space of SME businesses of all sizes, and across various industries. Fred has listed and sold approximately 500 businesses throughout Melbourne - Victoria, varying from manufacturing, hospitality, retail, industrial, foodservice, transport, wholesale and distribution… achieving many accolades along the way, he has built fantastic relationships and rapport with clients, advisors, vendors and purchasers, utilising his many years of professionalism, integrity and respect for others. Fred is also humbled to have been awarded the ‘AIBB - Business Broker of the Year award’ for 2020 & 2021, revered awards won by Fred amongst a formidable field of Australia’s best business brokers. Fred is also an accredited ‘Certified Practicing Business Broker’, a board member of the AIBB (Australian Institute of Business Brokers), and Certified Licensed Estate Agent REIV (Real Estate Institute of Victoria). For a confidential discussion in relation to buying or selling a business, feel free to contact Fred to arrange an obligation free meeting.

  • Office : 03 9021 9888
  • Mobile : 0417 319 873
  • Fax : 03 8692 8635
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