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

Laundromat Business

Sourced from public listings. Figures as listed, unverified.

Laundromat Business is a personal services (salons, laundry) business for sale in Union County, New Jersey. Listed at $475K, with approximately $127K in annual cash flow on $438K in revenue, about a 3.75× multiple. Owner selling due to other business opportunity. Owner will stay on to train.

Asking price
$475K
Cash flow (SDE/EBITDA)
$127K
Multiple
3.75×
Revenue
$438K

Why this business stands out

  • Owner selling due to other business opportunity
  • Owner will stay on to train
  • SBA approval for qualified buyer
  • 4500 sq. ft. building
  • 8-year lease with two 5-year options
  • 55 washes, 104 dryers, 2 bock extractors
  • 4 coin machines
  • Established 1989

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$475,000
Est. down payment (10%)$47,500
Est. SBA loan$427,500
Est. monthly payment$6,010
Owner cash flow after debt$54,875
Debt service coverageStrong coverage1.76x

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 $475K. 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 $127K in annual cash flow (SDE/EBITDA), a 3.75× multiple on the asking price.

Where is this business located?

It operates in Union 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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Laundromat Business for Sale in New Jersey · Clef