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
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
“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
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
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
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,...
$699,000
Cash Flow: $168,000
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
Passaic County, NJ
$450,000
New Brunswick, NJ
$150,000
Essex County, NJ
$1,200,000
Paterson, NJ
$3,500,000
Available in New Jersey
$100,000
Cape May County, NJ
$150,000
New Jersey
$500,000
Ocean County, NJ
$295,000
Ocean County, NJ
$160,000
Woodland Park, NJ
$3,750,000
Si Pae
4a Business Broker LLC
Serving Union County, NJ
My focus is on my client's interest and providing the best service in the marketplace.
Passaic County, NJ
$4,000,000
Ocean County, NJ
$2,800,000
Jackson, 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: