Coin Laundry Business for Sale in Des Moines, IA
Why this business stands out
This Des Moines metro laundromat has operated as a fully absentee-owner business for over eight years, serving a loyal repeat customer base in a prime urban location with minimal daily oversight required. The cash-flowing model requires no inventory, no receivables, and no specialized labor, making it an ideal entry point for a first-time buyer or a passive addition to an existing portfolio. Strong community demand and a turnkey operating setup allow a new owner to generate income from day one.
Financing snapshot
An illustrative SBA 7(a) scenario based on the figures above. Model your own assumptions in the SBA loan calculator.
- Asking price
- $624,979
- Cash flow (SDE/EBITDA)
- $120,000
- Est. down payment (10%)
- $62,498
- Est. SBA loan (10yr @ 10.5%)
- $562,481
- Est. monthly payment
- $7,590
- Annual debt service
- $91,078
- Owner cash flow after debt
- $28,922
Illustrative only — not a financing offer. Assumes a 10% down payment and a 10-year SBA 7(a) loan at 10.5%. Actual terms vary by lender, deal structure, and buyer profile.
The DSCR shown is computed on raw cash flow — before the owner-salary, maintenance-capex, and rent adjustments SBA lenders apply when underwriting. Model the lender's view in the DSCR calculator.
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Frequently asked questions
How much does this personal services business cost?
The asking price is $624,979. Exact terms and any seller financing are confirmed directly with the seller after you sign up.
What is the cash flow and valuation multiple?
This business reports approximately $120,000 in annual cash flow (SDE/EBITDA), implying a 5.2x multiple on the asking price.
Where is this personal services business located?
It operates in the Des Moines-West Des Moines area. The exact city is shown after you create a free Searcher OS account.
Can this acquisition be financed with an SBA loan?
Many businesses in this price range qualify for SBA 7(a) financing, which can cover up to 90% of the purchase price over a 10-year term. See the financing snapshot above for an illustrative scenario.