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Laundromat

Ocean County, NJ Laundromat — $349K Asking Price

Published June 1, 2026 · Ocean County, NJ

Illustrative score 4/10 — not a credit or investment rating

Ocean County, NJ Laundromat — $349K Asking Price

Asking price

$349,000

Revenue

$337,486

Cash flow / SDE

$71,500

Multiple

4.88×

Location

Ocean County, NJ

Real estate

Verdict

Proceed With Caution

This Ocean County laundromat appears to generate $337,486 in revenue and $71,500 in stated SDE, with an asking price of $349,000. The headline suggests multiple revenue streams, but the listing provides limited detail on operations, equipment, lease terms, or revenue mix. At roug

  • Top strength

    Business has stated revenue of $337,486

  • Biggest risk

    Sparse listing makes it hard to assess true owner workload and operating quality

  • Next step

    Request three years of business tax returns and interim P&L?

Good fit

  • First-time acquisition entrepreneur
  • Owner-operator
  • SBA-financed buyer

Poor fit

  • Passive investor
  • Hands-off ownership model

Key risk flags

  • Listing provides very limited operating detail

  • Asking price appears to be about 4.9x stated SDE

  • Cash flow is only about 21% of stated revenue

  • Equipment age, condition, and replacement needs are not disclosed

  • Lease terms, rent burden, and assignability are not disclosed

  • Multiple revenue streams are mentioned but not broken out

Green flags and red flags

Green flags

  1. 1

    Business has stated revenue of $337,486

  2. 2

    Business has stated positive cash flow of $71,500

  3. 3

    Laundromats can be resilient local service businesses when well-located

  4. 4

    Headline suggests multiple revenue streams, which may diversify income if verified

Red flags

  1. 1

    Sparse listing makes it hard to assess true owner workload and operating quality

  2. 2

    Valuation appears high relative to stated SDE for a small cash-flow business

  3. 3

    Debt service coverage may be tight depending on financing terms

  4. 4

    No disclosed detail on machine mix, equipment age, maintenance history, or utility costs

  5. 5

    Exact site-level location and local competitive position are not provided

  1. 1)

    Financials

    Can you provide three years of business tax returns and interim P&L?

  2. 2)

    Financials

    What percentage of revenue comes from the top five customers?

  3. 3)

    Operations

    How many hours per week does the owner work, and which tasks are owner-only?

  4. 4)

    Diligence

    Are key employees expected to stay after closing, and on what terms?

  5. 5)

    Real estate

    What equipment, vehicles, inventory, or real estate is included in the asking price?

  6. 6)

    Diligence

    What working capital should a buyer plan for at close?

Industry-specific diligence

  • Machine age, maintenance logs, and capex plan for replacements

  • Lease terms, rent escalations, and option periods

  • Utility bills and water usage trends (last 12 months)

  • Coin vs card revenue mix and reconciliation

  • Wash-and-fold labor and margin if applicable

Source: BizBuySell

Analysis date: June 1, 2026

View original listing

Illustrative analysis only — verify with seller, broker, lender, attorney, and CPA. Not an offer to buy or sell any business.

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