*Earning Potential $2,186,050 – Annual Revenue $807,443- EBITDA 36.9% – EBITDA Margin $422,107 – Per Full Time Service Vehicle Revenue $154,776 – Per Full Time Service Vehicle EBITDA $5,885 – Average...
$59,500
Laundromats and Coin Laundry Businesses For Sale in New Jersey
Market Info
Start-upMobile Carwash. Dealerships, Parking lots & Parking Garage Revenue.
3
Start-upLaundromat. Passive Income - Arcade, Vending & Laundry Revenue.
First Affiliate-Owned Unit - 2023 total revenue was $868,659 with $235,276 EBITDA (27%). Our laundromat business model will disrupt the growing but archaic laundromat industry by providing customers...
$575,000
Start-upNOT another laundromat Laundry Business Opportunity!
“If you are viewing this ad, you must have thought of operating a laundromat in some capacity. I know because I was in your shoes. Searching online at multiple businesses for sale websites to takeover...
$29,000
3
Absentee Cleaners for Sale! Nets 168k! 325 5-star reviews!
Somerset County, NJ
Newly Listed! Beautiful dry cleaners for sale! This gorgeous dry cleaning business is run ABSENTEE. Brand new boiler that cost $35k. Turn key business that has room to double its capacity. This...
6
$699,000
Cash Flow: $168,000
Profitable Semi-Absentee owner Laundromat with Building(2Apts) 26W/28D
Jersey City, NJ
$1,500,000
Profitable Laundromat with 60+ Machines – No Nearby Competition
South Plainfield, NJ
$800,000
Laundromat with Property
Atlantic County, NJ
$700,000
Laundromat (Building option to buy as 600k)
Hudson County, NJ
$550,000
Laundromat Available
Passaic County, NJ
$450,000
Remodeled Laundromat & New Equipment-Near New Brunswick, NJ -$150,000
New Brunswick, NJ
$150,000
FranchiseComplete Weddings + Events
Available in New Jersey
$30,000
Coin Laundromat Pack & delivery
Essex County, NJ
$1,200,000
11,000 S/F Super Giant Laundromat with New 84 W /94D Absentee Ower
Paterson, NJ
$3,500,000
Dry Cleaning Business / Dry Cleaners
Cape May County, NJ
$150,000
Laundromat - Laundry Business - ideal for owner-operator
New Jersey
$500,000
Massive 10,000+ SQFT Laundromat in Prime Location
Woodland Park, NJ
$3,750,000
Ken Stein
The Kensington Company
Serving Middlesex County, NJ
The Kensington Company is a leading merger and acquisitions firm delivering professionalism, integrity and extensive market experience to every transaction. There are numerous companies in today’s market place that attempt to bring business buyers and sellers together. There are few however, that offer their clients the degree of sophistication, experience and resources of our unique firm. At The Kensington Company we have expanded the traditional business brokerage firm model to offer our clients comprehensive services during their individualized transaction process. We are committed to representing our clients’ best interests throughout the transaction process, while bringing innovative and creative solutions to the multiple complex challenges as we guide our clients toward accomplishing their “right” transaction. Our 20 years of business experience, from start up companies to multi million dollar organizations, allows us to understand our clients concerns and needs. Our goal is to negotiate a "Win-Win" scenario for all involved parties. We offer various services from business valuations, complete memorandum packages, buyer representation, corporate searches, business consultation, and strategic planning. We are committed to helping all our clients achieve their desired business goals and objective. We offer a complete range of professional services focusing on both middle-market and smaller business transactions: -Mergers & Acquisitions -Businesses For Sale -Buy Side Services -Franchise Resales -Franchise Sales -Franchise Development -Consolidations -Business Valuations -Business Consulting
Contact me
Giant 10,000 SQFT+ Laundromat In Prime Location For Sale
Passaic County, NJ
$4,000,000
Large state of the art Card system laundromat
Ocean County, NJ
$2,800,000
Asset SaleAtlantic County Vacant Laundromat For Sale
Atlantic County, NJ
$349,999
Real EstateLaundromat Location in a Well Populated Area
Jackson, NJ
Not Disclosed
Buy or Sell a Laundromat Business in New Jersey
Laundromats and coin laundry businesses are a popular investment option for entrepreneurs, with steady income potential and relatively low management costs. To help provide some context on the market, and provide some baseline valuation information, we have analyzed laundromat businesses listed for sale in New Jersey, and aggregated financial data to help both buyers and sellers evaluate individual businesses relative to market averages.
Market Overview
|
Number of Businesses Analyzed |
16 |
|
Median Asking Price |
$698,750 |
|
Median Reported Revenue |
$413,800 |
|
Median Reported Earnings |
$117,500 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
New Jersey Laundromat Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
1.47 |
2.76 |
|
Median |
2.39 |
3.22 |
|
Upper Quartile |
2.92 |
4.63 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
Read the Report:
Laundromat Business Valuation Multiples & Financial Benchmarks
FAQs
How much does it cost to buy a laundromat in New Jersey?
The median asking price for laundromats analyzed is $698,750. However, the cost of purchasing a laundromat can vary significantly based on location, size, number of machines, and profitability.
How much do laundromat owners in New Jersey earn?
Median annual laundromat sales are $413,800, and median reported earnings is $117,500. This figure represents the sellers' discretionary earnings, which include the owner's salary and other financial benefits.
How do I value a laundromat business?
Most laundromat owners and buyers will start their valuation by comparing a business’s revenue and earnings relative to its peers, then use market valuation multiples to find an appropriate price range.
Based on our most recent analysis, New Jersey laundromat owners’ price their businesses at 1.47 to 2.92 times annual revenue, and 2.76 to 4.63 times annual earnings. The median revenue multiple is 2.39, and median earnings multiple is 3.22. This means the average New Jersey laundromat business is valued around 2.4 times its annual revenue, and 3.2 times its annual owner earnings.
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