Dunwoody, GA
$55,000
Dunwoody, GA
$55,000

Miami, FL
$115,000

Saint Petersburg, FL
$225,000

Broome County, NY
$170,000
New York, NY
$670,000
Margate, FL
$650,000
Jasper, TX
$495,000
South Ozone Park, NY
$250,000
Morris County, NJ
$450,000
Binghamton, NY
$170,000
Available Nationwide
$85,000
Amarillo, TX
$40,000
REAL ESTATE INCLUDED
Los Angeles, CA
$7,380,000
Orlando, FL
$500,000
Mississippi
$195,000
Bruce Felt
Griffiths, Dreher & Evans, PS, CPAs
Serving Spokane County, WA
Established in 1992. Our Investment Advisory Firm of CPAs specializes in helping owners exit their business or make leaving financially optional. Free Initial Consultation. www.grifco.com We have a wealth of information on valuation, exit planning and business sales.
Charleston, SC
$545,000
North Port, FL
$98,500
Atlantic County, NJ
$450,000
New Jersey
$1,100,000
Houston, TX
$600,000
Available Nationwide
$50,000
REAL ESTATE INCLUDED
Cleveland, OH
$775,000
West Babylon, NY
$200,000
Astoria, NY
$89,000
San Diego, CA
$825,000
REAL ESTATE INCLUDED
Chicago, IL
$2,000,000
Houston, TX
$540,000
Bronx, NY
$700,000
REAL ESTATE INCLUDED
Compton, CA
$4,300,000
Mount Vernon, NY
$2,040,000
Available in Multiple Locations
$150,000
Montgomery, AL
$450,000
Volusia County, FL
$199,999
Derby, CT
$350,000
Levittown, NY
$280,000
Available Nationwide
$50,000
Orange County, CA
$1,150,000
San Diego, CA
$605,000
Ocean County, NJ
$600,000
Oakland, CA
$160,000
Homestead, FL
$95,000
James Cha
Mega Realty & Investments Inc.
Serving Fairfax County, VA
Merced, CA
$1,700,000
Garland, TX
$600,000
Blackfoot, ID
$90,000
St. Louis County, MO
$600,000
Available in Multiple Locations
$80,000
Orange, TX
$1,250,000
Bronx, NY
$2,300,000
Middlesex County, NJ
$250,000
North Hills, CA
$820,000
Columbia County, OR
$80,000
Wood River, IL
$199,000
Decatur, GA
$469,000
Ridgewood, NY
$210,000
Bayonne, NJ
$220,000
Available Nationwide
$25,000
Laundromats and coin laundry businesses are a popular investment option for entrepreneurs, with steady income potential and relatively low management costs. However, buying or selling a laundromat can be a complex process with many considerations. To help provide some context on the market, and provide some baseline valuation information, we have analyzed the laundromat businesses listed for sale, and aggregated financial data to help both buyers and sellers evaluate individual businesses relative to market averages.
Market Overview
|
Number of Businesses Analyzed |
348 |
|
Median Asking Price |
$462,500 |
|
Median Reported Revenue |
$280,000 |
|
Median Reported Earnings |
$105,000 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
Laundromat Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
1.20 |
3.37 |
|
Median |
1.69 |
4.40 |
|
Upper Quartile |
2.44 |
5.50 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
Read the Report:
Laundromat Business Valuation Multiples & Financial Benchmarks
FAQs
How much does it cost to buy a laundromat business?
The median asking price for laundromats analyzed is $462,500. However, the cost of purchasing a laundromat can vary significantly based on location, size, number of machines, and profitability.
How much do laundromat owners earn?
Median annual laundromat sales hover around $280,000, and median reported discretionary earnings is $105,000. This figure represents the sellers' discretionary earnings, which include the owner's salary and other financial benefits.
How do I value a laundromat business?
Most laundromat owners and buyers will start their valuation by comparing a business’s revenue and earnings relative to its peers, then use market valuation multiples to find an appropriate price range.
Based on our most recent analysis, laundromat owners’ price their businesses at 1.20 to 2.44 times annual revenue, and 3.37 to 5.50 times annual earnings. The median revenue multiple is 1.69, and median earnings multiple is 4.40. So, an average laundromat business may be priced around 4.4 times its owner’s earnings, and 1.69 times its annual revenue.
Where are most laundromats for sale located?
Laundromats for sale are predominantly located in major metro areas, with the top ten as follows:
The following states have the most laundromat businesses listed for sale:
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