Card Laundromat for Sale in Bergen County, NJ
Financial Details
- Asking Price:
- $150,000
- Annual Revenue:
- $227,479
- Cash Flow / SDE:
- $45,429
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 3.3x
- Location:
- NJ, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This listing presents a well-established card system laundromat located in Bergen County, New Jersey. The business operates from a 2500 sqft space in a strip mall, benefiting from ample parking and a 7-day-a-week operation. It features 34 Speed Queen washers and 34 dryers, all reported to be in great shape despite being 18-20 years old, equipped with a CCI card system. The service mix is primarily self-service (66%), with wash and fold services (29%) and other services (5%). The business generates a reported cash flow of $45,429 on sales of $227,479. The seller is motivated and can provide detailed financials via the card system. Notably, an owner-operator add-back of $30,000 is mentioned, suggesting potential for higher profitability for an owner-operator. While competition exists, there are clear opportunities for growth, such as implementing pickup and delivery services. The real estate is not included in the sale. This is a non-franchise business, and management has indicated they are willing to stay on post-sale.
Industry Information
- Industry Description:
- Dry Cleaning, Laundry Services, Laundromats
- Classification:
- Service Businesses
Real Estate & Lease
- Status:
- Not_included
Listing Details
- Listing ID:
- 422b1519-b574-4ece-8891-e836d8737e7f
- Deal Status:
- For Sale
- Date Posted:
- November 07, 2023
- Last Updated:
- September 15, 2025
- Currency:
- USD