I recently found a laundromat business for sale in Sydney for $45,000.
- Low maintenance
- 25 machines (13 washing machines, 12 dryers)
- Decent income (waiting back to hear about financials)
I found the laundromat on Google Earth and it looks quite nice. In a busy area, surrounded by houses and shops, a primary school and a university. From the outside it looks to be in pretty good condition.
Has anyone had any experience or knowledge about this business venture?
Anything to watch out for?
Thanks in advance