Listing #:4666529499

LAUNDROMAT/SELF SERVICE/24/7,FOR SALE IN AVONDALE,AUCKLAND

Location: Auckland City, Auckland
RE/AD/TIME/W Rare opportunity to purchase a well established 24/7, large self service laundromat, located on one of the busiest streets in Avondale, surrounded by shops and residential houses, Plenty of off road customer parking within easy access to the laundromat.
Avondale is an extremely busy residential area of Central Auckland, with a Large population.

Weekly Sales are approximately $4,000/$4,500 + during High Season, This is CASH / COIN Business. Income can be verified by attendance during the Due Diligence period of the S&P Agreement.
(Please Note: There are NO Financial Accounts available with this business as I own a number of Laundromats trading under one Company Name)

This is a Very Large 24/7 Self Service Laundromat, comprising of 15 Primus Washing Machines,
(2 x 10kg,7 x 20kg and 6 x 30kg) 22 Huebsch Dryers (11 x stack dryers), A wall Conversion/Exchange Cash Coin machine, CCTV Security System, Music system and speakers. The Laundromat was set up as new just over 4 years ago.

Lease until 2043, low outgoings/overheads, making this a very profitable business without the hassle of staff and having to be present or hands on.

Outgoings/Overheads:
Rent = $4,250 payable per month, $51,000 per annum + GST, + 7.4% Management Fee per month.
Rates = $1,043.35 payable per quarter (including GST) $4,173.40 per annum (including GST).
Gas/Electric = $1,860.83 (Averaged out over 12 mths) Payable per month (including GST) $22,329.99 per annum (including GST)
Water $700p.m(Ave over 12 mths)
All Invoices can be verified during Due Diligence period.
Body Corp Fee = $5,408.18 payable annually (including GST).
Note:This cost covers a number of things, including building warrant of fitness, fire alarm monitoring, insurance premium, repairs and maintenance etc.
Wi-Fi = $74.97 payable per month (including GST).
Optional : A cleaner is currently contracted to clean floors, clean washing and dryer machines, empty lint, and put the waste bins out for collection weekly = $125 payable per week, $6,500 p.a
Asking price:
Listed: Wed 17 Apr, 10:22 pm
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Member since Feb 2010

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