St Kilda Laundrette - Lucrative & Longstanding

A rare opportunity to purchase a long-standing and highly regarded laundromat in the heart of St Kilda, one of Melbourne's most vibrant and densely populated suburbs. Located along a super busy main road with high pedestrian activity, this business enjoys excellent visibility and a strong reputation within the local community. With over 15 years of consistent operation, this laundrette has become a popular and trusted choice for both residential customers and regular commercial clientele.

Business Highlights:

• Gross revenue of over 250k PA (approximate breakdown is: coin Landry 60k, service wash 150k, alterations 40k)
• Operating successfully for more than 15 years with a solid reputation
• Machines updated in recent years for improved reliability and service
• Low rent 50k PA
• High profit margin

Services include:

• Coin-operated self-serve laundry
• Service wash and ironing
• Dry cleaning
• Alterations
• Delivery service (fully owned business vehicle included)

Longstanding commercial clientele provides a reliable source of repeat business

Efficient & Flexible Operation:

• Can be run with one staff/owner supervision for around 4-5 hours per day
• Very low overheads and high return on investment
• Includes double car park a major asset in this high-demand area

Secure Lease & Strong Location:

• Great long-term lease in place at a competitive rate
• Positioned on a busy main thoroughfare in St Kilda with consistent exposure and foot traffic

This is a turnkey, well-established business that offers a rare blend of stability, flexibility, and profitability. With a strong local following and room to grow, It is perfect for first-time buyers or experienced operators.

Asking Price: $420,000

Upon enquiry, a confidentiality agreement will be provided and must be signed before further business details can be shared.

Business Broker: Joseph Lanzer
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