Personal Services (Salons, Laundry)Kings County, New York1 mo ago

Absentee Laundromat with 118 Machines

Sourced from public listings. Figures as listed, unverified.

Absentee Laundromat with 118 Machines is a personal services (salons, laundry) business for sale in Kings County, New York. Listed at $650K, with approximately $145K in annual cash flow on $430K in revenue, about a 4.48× multiple. Owner willing to train. Operates absentee.

Asking price
$650K
Cash flow (SDE/EBITDA)
$145K
Multiple
4.48×
Revenue
$430K

Why this business stands out

  • Owner willing to train
  • Operates absentee
  • 118 machines
  • Wash and fold service
  • 5,000 square feet
  • Operates 7 days per week
  • 58 Speed Queen washers
  • 60 Speed Queen dryers

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$650,000
Est. down payment (10%)$65,000
Est. SBA loan$585,000
Est. monthly payment$8,225
Owner cash flow after debt$46,302
Debt service coverageMeets the SBA bar1.47x

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 $650K. 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 $145K in annual cash flow (SDE/EBITDA), a 4.48× multiple on the asking price.

Where is this business located?

It operates in Kings County, New York. 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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Absentee Laundromat with 118 Machines for Sale in New York · Clef