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

Two Card System Laundromats

Sourced from public listings. Figures as listed, unverified.

Two Card System Laundromats is a personal services (salons, laundry) business for sale in Bergen County, New Jersey. Listed at $2.60M, with approximately $500K in annual cash flow on $1.00M in revenue, about a 5.20× multiple. Little competition in the area. Seller will train new buyer.

Asking price
$2.60M
Cash flow (SDE/EBITDA)
$500K
Multiple
5.20×
Revenue
$1.00M

Why this business stands out

  • Little competition in the area
  • Seller will train new buyer
  • Bank financing available with 40% down
  • New owner can expand to delivery service
  • Brand new laundromat equipment under warranty
  • Owner selling due to other business opportunities
  • Both locations are fully staffed
  • Equipment is all card system

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$2,600,000
Est. down payment (10%)$260,000
Est. SBA loan$2,340,000
Est. monthly payment$32,899
Owner cash flow after debt$105,208
Debt service coverageMeets the SBA bar1.27x

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 $2.60M. 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 $500K in annual cash flow (SDE/EBITDA), a 5.20× multiple on the asking price.

Where is this business located?

It operates in Bergen 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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Two Card System Laundromats for Sale in New Jersey · Clef