Laundromat's are our most popular sought after passive income stream businesses. You'll learn to love washing as you make money while others use your washing machines and dryers.
This one is fully credit card operated with a casual onsite cleaner who opens and closes the premises for you. You just count the "kachings".
This laundromat is located in the Kensington Coles complex which is one of Bundaberg's newest shopping centres. The laundromat is about 3 years old so the machines are still under warranty and a depreciation schedule.
It is perfectly located close to the Uni, farm workers, sports fields and residential areas so there are plenty of customers available. The centre is fully leased with Coles being the key anchor tenant and it is in the process of being dramatically extended, so again, even more clients coming.
The shop is approximately 75 m2. It has a key operated front roller door for storm protection and night security. There is a small section in the back of the shop which can be sublet or expanded with more machines. This back section is air conditioned and has it's own roller door to enable it to be secured when unattended thus leaving the laundromat fully functioning.
A rental incentive of 50% rent till Jan 2025 is inplace to ensure you get a running start.
Minimal maintenance (done by the cleaner) is needed as the fitout is just over two years young.
All equipment is high quality USA Dexter with an installed price of approximately $150,000. Warranty still applies.
New liquid detergent injection system
Credit card hardware and software
7 day operating hours are a long 6am to 9pm
Plenty of parking
There is an easy handover with the main item being provisioning of bank details for the electronic card payments to come through to.
This is close to a stress free walk in as town gas, operating computers, water, ventilation and security has all been installed.
Some people say you shouldn't go round in circles. I say that you should make money while clients watch their clothes go round in circles! Great location, great equipment and passive income.
The last laundromat we listed had over 100 enquiries so be sure to have your cash or budget approved from your bank when you call Peter from Bundaberg Commercial on 0421 253 771 for a full business profile.
Disclaimer:
The information contained herein has been obtained directly from the seller and other sources but cannot be guaranteed as accurate. Clients are advised to verify any information through normal due diligence.
