Laundromat
Sourced from public listings. Figures as listed, unverified.
Laundromat is a personal services (salons, laundry) business for sale in Passaic County, New Jersey. Listed at $265K, with approximately $56K in annual cash flow on $144K in revenue, about a 4.77× multiple. No competition in area. Owner selling due to illness.
Why this business stands out
- No competition in area
- Owner selling due to illness
- New equipment worth $175,000
- 20-year renewable lease
- Owner offers one month training
- Established in 2010
- Two employees
Financing snapshot
An illustrative SBA 7(a) scenario at 10% down over 10 years. Model your own terms in the SBA loan calculator.
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 $265K. 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 $56K in annual cash flow (SDE/EBITDA), a 4.77× 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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