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

Dry Cleaner and Tailoring Store

Sourced from public listings. Figures as listed, unverified.

Dry Cleaner and Tailoring Store is a personal services (salons, laundry) business for sale in Essex County, New Jersey. Listed at $75K, with approximately $79K in annual cash flow on $185K in revenue, about a 0.95× multiple. Established over 20 years. Owner willing to train for 2 weeks.

Asking price
$75K
Cash flow (SDE/EBITDA)
$79K
Multiple
0.95×
Revenue
$185K

Why this business stands out

  • Established over 20 years
  • Owner willing to train for 2 weeks
  • Employees will stay on if required
  • Currently a drop-off location
  • Can expand to full service
  • Includes pressing stations, boiler, washers & dryers
  • Plumbed space for dry cleaning machine
  • Owner selling due to other business interest

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$75,000
Est. down payment (10%)$7,500
Est. SBA loan$67,500
Est. monthly payment$949
Owner cash flow after debt$67,612
Debt service coverageStrong coverage6.94x

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 $75K. 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 $79K in annual cash flow (SDE/EBITDA), a 0.95× multiple on the asking price.

Where is this business located?

It operates in Essex 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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Dry Cleaner and Tailoring Store for Sale in New Jersey · Clef