Waiheke Laundry World - a unique opportunity

Here is a unique opportunity to own Waiheke Laundry World, Waiheke Island's only independent (non-franchised) laundromat business.

Below are some of the features and benefits a new owner could experience from owning Waiheke Laundry World:

• A well-established business since 2018.
• An independent (non-franchised) business with no franchise fees.
• The only commercial laundromat on the island.
• The laundromat services a captive market of approximately 10,000 permanent residents increasing to approximately 40,000 with holiday makers (including Airbnb's) in the summer season. All living off limited tank water.
• The laundry services most of the commercial and hospitality organisations on the island. A list that has grown significantly over the last four years.
• Instant daily cash flow from residential clients.
• Weekly commercial account payments.
• Future proofed with exclusive water rights providing a significant barrier to entry.
• Laundry powder and LPG suppliers are just next door.
• The business is registered as an essential service.
• Includes near new, quality equipment.
• A machine maintenance contractor available locally.
• Potential to increase the cash surplus with the new card system presently being installed. This will allow a further 60 hours per week usage without any additional staff costs.
• Very low overheads.
• An excellent 18-year lease.

This is the first time the business has been offered for sale.

Price by negotiation + GST (if any), includes plant, stock, and goodwill.

The business would ideally suit a couple or investor.