Fords, NJ
This is a well-maintained, self-service retail business located in Fords, New Jersey, serving a dense residential area with steady daily foot traffic. The location has been operating consistently and...
Cash Flow: $95,000
Fords, NJ
This is a well-maintained, self-service retail business located in Fords, New Jersey, serving a dense residential area with steady daily foot traffic. The location has been operating consistently and...
Cash Flow: $95,000
Imagine owning the rights to a gas station brand on the busiest corner in your market. With our business model, you're not limited to one corner, you can own the entire town. Deciding where your...
*Average gross sales $195k w/average return of $87k Keep your job. Automated tech-based business. No employees. Membership-based business model. Book Tee-times online. Everything is automated. Looking...
*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...
Wallington, NJ
Thriving, turnkey laundromat in the heart of Wallington! This established business features 26 washers, 22 dryers, approximately 150 active wash & fold customers, strong cash flow, and excellent...
Middlesex County, NJ
Bergen County, NJ
Newark, NJ
Ocean County, NJ
Essex County, NJ
Available in New Jersey
Gloucester City, NJ
Ocean County, NJ
REAL ESTATE INCLUDED
Morris County, NJ
New Brunswick, NJ
Atlantic County, NJ
Ziggy Marszalek
BizBrokerage Hub
Serving Bergen County, NJ
Biz Brokerage Hub is a business brokerage firm that can assist you with placing your business up for sale, buying a franchise, locating an online business for sale or selecting a new business opportunity to buy. As seasoned business brokers, we have arranged for the sale and purchase of car washes, laundromats, spas, restaurants, services businesses, retail businesses, technology firms and the list goes on. If you are an individual looking for the right deal or a financial institution seeking a first-class team to handle a single transaction, multiple-asset acquisitions and representation across the United States, we have the experience, the technology and the organization to get the job done.
New Jersey
Atlantic County, NJ
Hudson County, NJ
Passaic County, NJ
Hudson County, NJ
Available Nationwide
Middlesex County, NJ
Essex County, NJ
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.
More for Business Buyers:
Set Up Alerts and Notifications
Business Buyer Learning Center
More for Business Sellers: