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Retail Business For Sale in Canberra ACT

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Belconnen Laundromat

Location:Canberra, ACT

Category:Retail, Laundry and Dry Cleaning

Asking Price:$525,000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Belconnen Laundromat
  • Belconnen Laundromat
  • Belconnen Laundromat
  • Belconnen Laundromat
  • Belconnen Laundromat
  • Belconnen Laundromat
  • Belconnen Laundromat
  • Belconnen Laundromat
  • Belconnen Laundromat

Business description

Belconnen has a population of 96,049 with some 39,092 households or 24,931 families according to the last census conducted in 2016.

It's reported that the average household in Australia does 5 loads of washing per week.

Now you multiply 5 by 39,092 that gives you a general idea of the number of loads of washing done on a weekly basis in Belconnen. For those of you that don't have the calculator app that equation is 195,460 loads of washing each week in Belconnen.

Punching further into my Cannon desktop calculator 52*195,460 loads of washing is 10,163,920. That's a touch over 10 million loads of washing undertaken in Belconnen each year.

It surprises me when undertaking research for the particular business, the Belconnen Laundromat, that there is only one laundromat in all of Belconnen.

That's right in the 77 km2 and 30 odd suburbs that comprise Belconnen there is only 1 laundromat.

We offer it to you for outright sale. The building. The equipment and more importantly the insight that if you were to offer something a little bit different we believe that you could clean-up in the industry.

The current owner is his 70's and doesn't offer a pickup or drop off service, works part-time hours and thinks Eftpos is a small town in Finland.

They say that a business is only as good as the problem it solves for its customers. Well, there are over 10,000,000 problems to be solved with time poor, cash rich mums and dads in Belconnen.

But surely they couldn't afford $50 a week for a pickup drop-off laundry service? Maybe they could! 24.% of these families earn more than $3000 per week and a total of 30% of the total dwellings are owned outright.

To find out more please contact my office at [Email Censored] by emailing your full name and contact number and the fact that you are interested in the Belconnen laundromat.

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