Listing Summary
Profitable Semi-Absentee owner Laundromat with Building(2Apts) 26W/28D with an asking price of $1.5M, reported annual revenue of $525K, and SDE of $147K. Located in Jersey City, NJ. Price/SDE multiple: 10.2x.
Deal Signals
- Healthy reported margin
- Potential absentee-owner fit
- Source URL needs review
Questions to Ask Before Offering
- Can the seller provide trailing 12-month profit and loss statements plus tax returns?
- What are the lease terms, renewal options, rent increases, and landlord assignment requirements?
- What is the age, brand, and condition of washers, dryers, boilers, card systems, and vending equipment?
- Can utility bills verify the reported revenue and operating margin?
- Why is the asking price high relative to reported SDE?
Verification Notes
Source indexed; financials have not been independently verified. Request supporting documents before submitting an offer. Revenue shown for this listing is a modeled estimate, not a figure reported by the seller — treat it as a placeholder until you have source documents. Ask for profit and loss statements, utility bills, equipment list, lease terms, and tax returns before signing an LOI.
More laundromats for sale: Jersey City, NJ · New Jersey · all states
Source URL needs review before buyer outreach.
Next Step
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