NEW: Highly Profitable 24/7 Laundromat – Revenues Growing 1 Station Street BENTLEIGH VIC

Description

Well-established and highly profitable laundromat. The current owner has expanded the business with innovative passive income streams and a loyal repeat customer base now ready to hand over this thriving operation to a new owner.

Passive Income Streams

Window advertising panels already generating $4,884 in passive income in the first 5 months.
Digital currency machine, installed in August 2025, pays $350 per month rental plus $1 + GST per transaction
Soap machine sales and self-serve washers and dryers.

Commercial Work

The current owner has established profitable commercial laundry clients. Clients either drop off items onsite or in 24-hour lockers, or have items collected and returned by the owner. This flexible model has added steady weekly income while only requiring 2–12 hours of work per week, depending on commercial demand.

About the business

Lease: Ends in March 2028 with 2 x further 5-year term options
Cheap Rent: $1831.91 per month (Increases by CPI)
Opening Hours: 24 hrs
Equipment: CCTV and Flat Screen TV and Soap machine, note changer, Tangerpay portal
Machines: 5 x 10kg washers, 2 x 14kg washers, 2 x 18kg washers, 4 x 14kg dryers, 4 x 18kg dryers
Brand: IPSO built in 2016 (9 years old)
Revenues: $93,405 (Jul 24 – Sep 25)
Net profit: $57,809.44 (Jul 24 – Sep 25)
Projected net profit for end of financial year 2026: $65,660
Section 52 available
Sale Terms: Cash offers only (as banks require tax returns to approve finance and this business was bought along with other businesses in a Trust)

Growth & Expansion Opportunities

Reopen the service door (previous owner earned an extra $1,000 per week). There is also potential to add dry cleaning (outsourced) or ironing to increase revenues.
Over 500,000 visitors walked past the laundromat in the past 3 years .
3 major residential developments currently under construction on the same block, all due for completion in 2026, bringing thousands of new residents and commuters to the immediate area.

Next Steps: Interested buyers are to provide proof of financial capacity to purchase, a screenshot of cash bank balance will suffice. Upon receipt, a confidentiality agreement will be issued, followed by access to the full Information Memorandum, lease, section 52, Digital currency machine contract, business address and lease details.

Please note, the suburb may be different due to privacy purposes.