“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
Laundromats and Coin Laundry Businesses For Sale in New Jersey
Market Info
Start-upNOT another laundromat Laundry Business Opportunity!
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
Profitable, Modern Laundromat Opportunity
Morris County, NJ
LISTING ID # 37134 This bright, immaculate, and fully renovated laundromat is a turnkey investment designed for immediate profitability and long-term growth. Offering both self-service and...
$425,000
Cash Flow: $60,000
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. Turn key business that has room to double its capacity. This cleaner might possibly be the busiest,...
6
$600,000
Cash Flow: $150,000
Award Winning Modern Laundromat For Sale
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...
6
$1,100,000
Cash Flow: $300,000
Remodeled Laundromat & New Equipment-Near New Brunswick, NJ -$150,000
New Brunswick, NJ
$150,000
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
FranchiseDryer Vent Wizard
Available Nationwide
$50,000
Laundromat
Ocean County, NJ
$295,000
Absentee Laundromat On Main Road For Sale
Ocean County, NJ
$160,000
Massive 10,000+ SQFT Laundromat in Prime Location
Woodland Park, NJ
$3,750,000
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
Johanne Sharp-Sermania
Transworld Business Advisors of Philadelphia Main Line & South Jersey
Serving Atlantic County, NJ
For over forty-five years, Transworld has specialized in the sale of businesses and commercial real estate. Today Transworld Business Advisors is a global network of brokers offering a turnkey solution for those that want to build a solid business and future for themselves while maintaining a balanced quality of life. With our comprehensive training programs, full marketing support, and local field support, you won't have to start from scratch. Our trained experts and mentors will help you every step of the way.
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Real EstateLaundromat Location in a Well Populated Area
Jackson, NJ
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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