“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
“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
Affiliate Location: $2MM Average Annual Revenue - $818k Average Profit Average Truck Revenue: $422,915 Average Truck Profit: $162,333 Average Commercial Job Size: $5,316 Average Residential Job Size:...
$59,500
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
Mercer County, NJ
Location, Location, Location! This modern, award-winning laundromat boasts over 3,500 sq. ft. in a high-traffic area, perfect for capturing a growing customer base. With a coinless laundry card...
$1,100,000
Cash Flow: $300,000
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...
$699,000
Cash Flow: $168,000
South Plainfield, NJ
$800,000
Atlantic County, NJ
$700,000
Hudson County, NJ
$550,000
Passaic County, NJ
$450,000
New Brunswick, NJ
$150,000
Available in New Jersey
$50,000
Essex County, NJ
$1,200,000
Paterson, NJ
$3,500,000
Cape May County, NJ
$150,000
New Jersey
$500,000
Ocean County, NJ
$295,000
Blake Taylor
Synergy Business Brokers
Serving Bergen County, NJ
Synergy Business Brokers is a leading Mergers & Acquisitions firm that sells successful businesses. If you are considering buying or selling a business, our business brokers and M&A professionals can provide you with experienced guidance. We offer a confidential consultation if you would like to discuss the possibility of selling your business. We want to understand your business, position it correctly to maximize your value, and then develop a strategy to help you achieve your goals with advisory services during the entire process. Most of the businesses that we represent have annual revenues between $700,000 and $250 million and a verifiable owner's annual net income (including profit, owner's salary, and benefits) of between $250,000 and $30 million. We have developed relationships with potential buyers throughout the United States and overseas. Synergy Business Brokers has won multiple awards for being the best business brokerage firm in the area, and we are committed to bringing that level of excellence to the process of selling your business. Please contact us if you are considering selling your business. Synergy Business Brokers offers you the following: · Nationwide Exposure · Award Winning Sales People · Honesty and Integrity · Affiliations with the most prestigious Associations · Network of local and national contacts · Confidential business sales · Experienced negotiators
Woodland Park, NJ
$3,750,000
Passaic County, NJ
$4,000,000
Ocean County, NJ
$2,800,000
Atlantic County, NJ
$349,999
Jackson, NJ
Not Disclosed
Available Nationwide
$50,000
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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