Personal Services (Salons, Laundry)Queens County, New York2 mo ago

Busy Laundromat

Sourced from public listings. Figures as listed, unverified.

Busy Laundromat is a personal services (salons, laundry) business for sale in Queens County, New York. Listed at $500K, with approximately $74K in annual cash flow on $240K in revenue, about a 6.74× multiple. Established 1992. Seller training offered.

Asking price
$500K
Cash flow (SDE/EBITDA)
$74K
Multiple
6.74×
Revenue
$240K

Why this business stands out

  • Established 1992
  • Seller training offered
  • Retirement reason for selling
  • 2500 sq ft facility
  • Updated in 2009
  • 30 dryers and 31 washers
  • 1800-2000 lbs wash n fold weekly
  • Leased property

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$500,000
Est. down payment (10%)$50,000
Est. SBA loan$450,000
Est. monthly payment$6,327
Owner cash flow after debt-$1,922
Debt service coverageCash flow shortfall0.97x

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 $500K. 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 $74K in annual cash flow (SDE/EBITDA), a 6.74× multiple on the asking price.

Where is this business located?

It operates in Queens 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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Busy Laundromat for Sale in New York · Clef