Merced, CA
$1,700,000
Laundromats and Coin Laundry Businesses For Sale in California
Market Info
Coin Op Laundromat - New Machines
San Gabriel Valley vintage
Azusa, CA
$395,000
Set your sights on Sylmar.
Sylmar, CA
$450,000
Laundromat in San Gabriel Valley Area
Los Angeles County, CA
$468,000
Turn key Valley location in Van Nuys.
Van Nuys, CA
$389,000
Spotless & State of the art No Ho Coin Laundry for Sale!
North Hollywood, CA
$595,000
San Gabriel beauty in Duarte
Duarte, CA
$495,000
Established Laundromat for Sale
Lynwood, CA
$180,000
Owner Retiring after 37 years. Dry Cleanings with Plant,
Santa Clara County, CA
$840,000
Rare chance to cash in on Hollywood location with loads of potential.
West Hollywood, CA
$330,000
FranchiseHomestretch
Available Nationwide
$150,000
GREAT LOCATION Eagle Rock Laundry
Eagle Rock, CA
$670,000
Absentee Run Coin Laundry in Los Angeles
Los Angeles, CA
$770,000
Highly profitable laundromat portfolio
$2,400,000
San Jose, CA
Coin Laundry & Coin Car Wash with Property
REAL ESTATE INCLUDED
Los Angeles County, CA
$7,500,000
Asset SaleProfitable Laundromat for Sale – Great Location & Stable Income
California
$600,000
Brannon Poe
Poe Group Advisors
Serving San Francisco County, CA
Poe Group Advisors is the premier accounting practice intermediary firm in the accounting industry. With practices located throughout the U.S. and Canada, our company is known for our seamless process as well as our efficient and diligent approach to facilitating the buying and selling of CPA firms. Armed with a passion for people and unmatched expertise, our team of experts has a deep knowledge of accounting industry and an intense focus on maximizing value or minimizing risk.
Contact me
Asset SaleSo fine near SoFi
Inglewood, CA
$130,000
Asset SaleLong term profitable store
Ceres, CA
$650,000
Asset SaleLA Beauty - Free standing with all the bells and whistles
Los Angeles, CA
$1,120,000
Asset SaleParamount starter laundry
Paramount, CA
Not Disclosed
Asset SaleBrand New Burbank Laundromat – Seller Financing Available
Los Angeles County, CA
$800,000
FranchiseFootprints Floors
Available in California
$75,000
Asset SaleCompton opportunity
Los Angeles, CA
$180,000
Asset SalePromising Asset Sale in Highland Park
Highland Park, CA
$115,000
NOT another laundromat Laundry Business Opportunity!
Real EstateLaundromat in Moss landing, Ca.
Moss Landing, CA
Not Disclosed
Real EstateLaundry & rental income with the property
Los Angeles, CA
$2,980,000
Real EstatePerfect size of Dry Cleaners $ 180K
Orange, CA
$180,000
Real EstateOutstanding Chance to Own the Business & Property
Los Angeles, CA
$2,950,000
Start-upFantastic Laundromat location in Los Angeles
Not Disclosed
Buy or Sell a Laundromat Business in California
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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