Automatic self-service laundromat
Photos: LINK Business Brokers
About the business
This is an automatic self-service laundromat in Preston, Melbourne, Victoria. The site sits on a busy main road in a commercial strip, with a residential catchment around it. The commercial laundry equipment is under five years old. There are 4 x 9kg washers, 2 x 14kg washers and 1 x 18kg washer. There are also 6 x 14kg dryers and 2 x 20kg dryers. Other features include a washing chemical vending machine, a note-to-coin change machine, multiple payment options, security cameras and an alarm system. Automatic opening and closing facilities support largely unattended operation, and remote monitoring is available. The lease is secured until 2037. The broker reports potential to expand into commercial wash, dry, fold, pick-up and delivery services and to develop additional revenue streams. The broker reports high exposure to passing traffic and a substantial residential catchment.
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$365,000
Paid by
Your cash$109,500
Secured loan, 7 years at 6.98%$255,500
Each month
Loan repayment$3,850
Repayments each month
$3,850
Over 7 years you repay $323,709, of which $68,209 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.
Open the full calculator