Kings County, NY
$200,000

Kings County, NY
$200,000
Raleigh, NC
$599,990

Gaithersburg, MD
$1,750,000

St. Petersburg, FL
$125,000
Denton County, TX
$1,500,000
Staten Island, NY
$1,300,000
Oakland Park, FL
$450,000
Dallas, TX
$550,000
REAL ESTATE INCLUDED
Hardin County, TX
$649,000
Houston County, AL
$89,000
Available Nationwide
$30,000
Hemet, CA
$438,000
Chico, CA
$599,999
Los Angeles, CA
$1,749,000
Manhattan, NY
$599,000
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.
College Park, GA
$439,000
Denton County, TX
$225,000
Brooklyn, NY
$180,000
Orange, VA
$485,000
San Francisco, CA
$399,000
Available Nationwide
$50,000
Mecklenburg County, NC
$649,000
North Las Vegas, NV
$500,000
Westchester County, NY
$260,000
Brooklyn, NY
$150,000
Coram, NY
$500,000
Allegheny County, PA
Not Disclosed
Cash Flow: $178,111
Lakewood, CO
$900,000
Los Angeles, CA
$269,000
Annandale, VA
$290,000
Available in Multiple Locations
$80,000
Bronx, NY
$2,500,000
Tampa, FL
$750,000
Cook County, IL
$280,000
Palm Beach Gardens, FL
$950,000
Available in Multiple Locations
$199,999
Torrance, CA
$230,000
Fullerton, CA
$525,000
Rock Hill, SC
$150,000
Tampa, FL
$1,400,000
Jersey City, NJ
$1,500,000
James Cha
Mega Realty & Investments Inc.
Serving Fairfax County, VA
Oxnard, CA
$900,000
Columbus, OH
$899,900
La Porte, TX
$995,000
Wayne County, MI
$350,000
Available in Multiple Locations
$75,000
Atlanta, GA
$180,000
Morro Bay, CA
$950,000
Broward County, FL
$665,000
Kings County, NY
$784,000
Oakland, CA
$135,000
Brooklyn, NY
$775,000
La Porte, TX
$349,500
Lawrenceville, GA
$700,000
Los Angeles, CA
$1,150,000
Available in Multiple Locations
$100,000
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:
More for Business Buyers:
Set Up Alerts and Notifications
Business Buyer Learning Center
More for Business Sellers: