24 hour laundromat, 9 washing machines, 5 gas dryers
Photos: LINK Business Brokers
About the business
A 24 hour laundromat in South East Queensland. It is located on the northern end of the Gold Coast. It has 9 commercial washing machines ranging from 8kg to 27kg and 5 double stack gas dryers, and all machines take both cash and card payments. A long lease is in place, over 17 years including options. The equipment is near new, and full training and a hand over period are offered. The broker reports it is a very easy business to operate.
Financing calculator
An estimate, not a loan offer. Change the numbers to see what buying this business would take in cash and what the repayments would be each month.
Asking price$620,000
Paid by
Your cash$186,000
Secured loan, 7 years at 6.98%$434,000
Each month
Loan repayment$6,550
Repayments each month
$6,550
Over 7 years you repay $549,862, of which $115,862 is interest.
Secured on property: the RBA's average for small business new loans secured on residential property, August 2026. Lenders set their own rates and terms, and this leaves out stamp duty and fees. Source: Reserve Bank of Australia 2026.
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