Personal Services (Salons, Laundry)Passaic County, New Jersey2 mo ago

Card System Laundromat

Sourced from public listings. Figures as listed, unverified.

Card System Laundromat is a personal services (salons, laundry) business for sale in Passaic County, New Jersey. Listed at $900K, with approximately $140K in annual cash flow on $546K in revenue, about a 6.43× multiple. Seller will train buyer. Financing available for qualified buyer.

Asking price
$900K
Cash flow (SDE/EBITDA)
$140K
Multiple
6.43×
Revenue
$546K

Why this business stands out

  • Seller will train buyer
  • Financing available for qualified buyer
  • 40% down payment required for financing
  • Long-term lease with 20+ years remaining
  • 6000 sq. ft. facility
  • 123 machines, all less than 5 years old
  • No water bill due to well water use
  • Enclosed parking lot with gate

Financing snapshot

An illustrative SBA 7(a) scenario at 10% down over 10 years. Model your own terms in the SBA loan calculator.

Asking price$900,000
Est. down payment (10%)$90,000
Est. SBA loan$810,000
Est. monthly payment$11,388
Owner cash flow after debt$3,341
Debt service coverageTight, below SBA comfort1.02x

Illustrative only, not a financing offer. Actual terms vary by lender and deal. Check coverage in the DSCR calculator.

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Frequently asked questions

How much does this personal services (salons, laundry) business cost?

The asking price is $900K. Exact terms and any seller financing are confirmed with the seller after you create a free Clef account.

What is the cash flow and valuation multiple?

This business reports approximately $140K in annual cash flow (SDE/EBITDA), a 6.43× multiple on the asking price.

Where is this business located?

It operates in Passaic County, New Jersey. Full location and source details are shown once you create a free Clef account.

Can this acquisition be financed with an SBA loan?

Businesses in this range typically qualify for SBA 7(a) financing covering up to 90% of the purchase price over a 10-year term. See the financing snapshot above for an illustrative scenario.

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Card System Laundromat for Sale in New Jersey · Clef