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Retro Themed Coin Launderette in City-Fringe Location! (Our Ref: V1617)

Retro Themed Coin Launderette in City-Fringe Location! (Our Ref: V1617)

Available Now $198,000 - Services

 Victoria  Inner East Print this page

- Retro themed coin Launderette in the heart of Collingwood with huge profit margins!!
- Turnover approx. $1,800 - $2,000 per week consistently, and rent only $400 per week!
- Open 7 days, 7am – 10pm situated on main road with huge exposure and foot traffic.
- Sandwiched between two popular hostels without laundry facilities and many hotels nearby.
- In very busy city-fringe location, popular with students and backpackers – ideal position.
- Huge customer database with many regulars and no immediate competition.
- Clean and attractive set-up with 4 washing machines, 4 dryers and little maintenance.
- Long and secure lease of 4+2 with very cheap rent of approx. $400 per week!!
- Very easy and simple operation with very little owner involvement – investment business.
- Very low overheads with no wage expenses, comes fully equipped with not a cent to a spend!
- Includes coin exchange machine, flatscreen TV, sound system, vending machine etc..
- No experience needed for this low maintenance business - suitable as an additional business.
- Don't miss this fantastic investment opportunity, enquire now!

**Exclusive to Paramount Business Brokers (Our Ref V1617)
**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, has had his sights firmly on the business landscape in one form or another… over the last 25 years; Fred has owned and managed several successful businesses in Melbourne and interstate. This led into a natural progression into the business broking world. Since 2005 Fred has listed and sold hundreds of business throughout Melbourne, varying from food and hospitality, retail, industrial, foodservice, wholesale and distribution… achieving many accolades along the way, he has built fantastic relationships and rapport with clients, vendors and purchasers, utilizing his many years of professionalism, integrity and respect for others. He now carries that on with the utmost ambition and endeavor, at Paramount Business Brokers.

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