REAL ESTATE INCLUDED
Burney, CA
$350,000
REAL ESTATE INCLUDED
Burney, CA
$350,000
Los Angeles, CA
$325,000
Duarte, CA
$495,000
Los Angeles, CA
$1,700,000
Lynwood, CA
$225,000
Daly City, CA
$179,000
West Hollywood, CA
$330,000
Eagle Rock, CA
$670,000
Los Angeles, CA
$770,000
REAL ESTATE INCLUDED
Los Angeles County, CA
$7,500,000
Available Nationwide
$50,000
Inglewood, CA
$130,000
Ceres, CA
$650,000
$975,000
Santa Cruz County, CA
Los Angeles, CA
$1,120,000
Paramount, CA
Aaron Pfeffer
First Choice Business Brokers LA
Serving Los Angeles County, CA
First Choice Business Brokers is one of the largest business sales organizations in the U.S., listing over $12 Billion in businesses for sale since our foundation in 1994. First Choice Business Brokers specializes in business sales across all industries with transaction sizes from approximately $50,000 to $50 million. First Choice Business Brokers assists business owners in selling their businesses by locating and matching them with a buyer and managing the entire sales process. Additionally, we also work with business buyers to find the right business that meets their purchase criteria. With several offices located throughout the U.S., we have sold thousands of businesses, of all types, confidentially and efficiently through our vast buyer networks.
Los Angeles County, CA
$875,000
Los Angeles, CA
$180,000
Highland Park, CA
$115,000
San Francisco, CA
Moss Landing, CA
Available Nationwide
$50,000
Los Angeles, CA
$2,980,000
Orange, CA
$180,000
$2,400,000
San Jose, CA
Los Angeles, CA
$2,950,000
Compton, CA
$3,000,000
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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