Long Beach, CA
$1,200,000

Long Beach, CA
$1,200,000

Los Angeles County, CA
$307,000
Los Angeles, CA
$270,000

Inglewood, CA
$357,000
Fresno, CA
$675,000
North Hollywood, CA
$595,000
Duarte, CA
$495,000
Lynwood, CA
$180,000
Los Angeles, CA
$650,000
REAL ESTATE INCLUDED
Los Angeles County, CA
$7,500,000
Available in California
$150,000
North Hollywood, CA
$395,000
La Habra, CA
$90,000
$750,000
San Francisco, CA
Ceres, CA
$650,000
Los Angeles, CA
$199,000
Edward L. Fixen, Certified Business Broker
BusinessQuest Brokers, Inc.
Serving Los Angeles County, CA
Since 2006 BusinessQuest has specialized in representing sellers of privately-held, small and medium sized businesses with annual sales ranging from $500,000 up to $20 million. BusinessQuest is a full service business appraisal and business brokerage firm. Over the years we have sold close to 200 businesses and valued another 300 businesses in the manufacturing, wholesale/distribution, business services, personal services, retail, food service, healthcare, transportation & logistics industries and many others. We have two offices located in Los Angeles County and the Inland Empire to serve all of Southern California. Our staff consist of three (3) Certified Business Brokers, two (2) other experienced business brokers, one Certified Business Appraiser and one Certified Valuation Analyst. In addition to our business brokerage and M&A advisory expertise, we specialize in preparing business valuations and certified appraisals ranging from less costly opinion of value reports to comprehensive certified appraisals meeting the professional standards of the National Association of Certified Valuators & Analysts (NACVA).
California
$600,000
Inglewood, CA
$130,000
Paramount, CA
Not Disclosed
Los Angeles, CA
$160,000
Highland Park, CA
$115,000
Available in California
$65,000
California
Not Disclosed
Los Angeles, CA
$2,980,000
Los Angeles, CA
$2,950,000
Laundromats and coin laundry businesses are a popular investment option for entrepreneurs, with steady income potential and relatively low management costs. To help provide some context on the market, and provide some baseline valuation information, we have analyzed laundromat businesses listed for sale in California, and aggregated financial data to help both buyers and sellers evaluate individual businesses relative to market averages.
Market Overview
|
Number of Businesses Analyzed |
60 |
|
Median Asking Price |
$430,000 |
|
Median Reported Revenue |
$257,000 |
|
Median Reported Earnings |
$87,732 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
California Laundromat Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
1.51 |
4.54 |
|
Median |
1.87 |
5.45 |
|
Upper Quartile |
2.50 |
5.97 |
|
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 in California?
The median asking price for laundromats analyzed is $430,000. However, the cost of purchasing a laundromat can vary significantly based on location, size, number of machines, and profitability.
How much do laundromat owners in California earn?
Median annual laundromat sales are $257,000, and median reported earnings is $87,732. 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, California laundromat owners’ price their businesses at 1.51 to 2.50 times annual revenue, and 4.54 to 5.97 times annual earnings. The median revenue multiple is 1.87, and median earnings multiple is 5.45. This means the average California laundromat business is valued around 1.78 times its annual revenue, and 5.45 times its annual owner earnings.
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