Franchise · lender intelligence
How to finance a Spin Doctor Laundromat in New Jersey
The SBA 7(a) lenders funding the most Spin Doctor Laundromat deals in New Jersey, from public loan records — typical Spin Doctor Laundromat loan about $620K. A bank already funding the brand in your state knows it twice over.
Deal economics— what it takes to buy & finance Spin Doctor Laundromat in New Jersey
$620K
Typical loan
range $620K–$620K
$689K
Est. purchase price
≈ loan ÷ 90%
$92,139
Cash to close
$68,889 down + fees
$8,023/mo
Typical payment
~9.5% · 10yr
$110,717/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
26 days
Typical time to fund
1
Lenders competing
more = leverage
9%
Avg rate on record
cap ~9.75%
Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.
Most active with Spin Doctor Laundromat in New Jersey
Ranked by funded Spin Doctor Laundromat loans in New Jersey. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.101 loans · $81M · Pasadena, CAFull record →
1+ funded Spin Doctor Laundromat in New Jersey deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- SPIN DOCTOR LAUNDROMAT in Hamilton Township, NJ — $620K (2025) · purchase · East West Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $465K (75%)
- Approval → funding
- 26 days
- Approved
- 9/12/2025
- First disbursed
- 10/8/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Coin-Operated Laundries and Drycleaners
If you were the buyer here
- Est. deal size
- $689K
- Est. down payment (10%)
- $69K
- Est. cash at closing
- $92K
- Monthly payment
- $7,854
- Annual debt service
- $94K
- Cash flow needed (1.25×)
- $118K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by East West Bank · Lender record →
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Buying a Spin Doctor Laundromat in New Jersey? Start with a lender that funds them here
We'll point you to the SBA lenders already financing this brand in your state — and help you make them compete on rate and speed.
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CapBench analysis of public SBA 7(a) lending records; ranked by funded Spin Doctor Laundromat loans with a New Jersey project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Spin Doctor Laundromat purchase in New Jersey with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded New Jersey deals. East West Bank funds the most here. CapBench is not a lender.
- $620K typical Spin Doctor Laundromat loan
- 1 lenders active in New Jersey
- 1+ funded New Jersey deals
- 26 days typical to fund
Buyers buying a Spin Doctor Laundromat in New Jersey typically pre-qualify, then ask CapBench to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the CapBench MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-08-02.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.