San Antonio, TX
$1,099,900

San Antonio, TX
$1,099,900

Manatee County, FL
$59,000

Los Angeles, CA
$695,000

Tarrant County, TX
$1,000,000
Wayne County, MI
$400,000
Atlanta, GA
$180,000
Morro Bay, CA
$895,000
Broward County, FL
$665,000
St. Petersburg, FL
$285,000
REAL ESTATE INCLUDED
Burney, CA
$350,000
Available Nationwide
$40,000
REAL ESTATE INCLUDED
Council, ID
$399,000
Oakland, CA
$135,000
Brooklyn, NY
$795,000
Lawrenceville, GA
$800,000
Andrew Rosenthal
Lighthouse Business Brokers
Serving Cook County, IL
Lighthouse Business Brokers exclusively represents sellers of high quality businesses. We have a very high close rate because of our attention to detail, perseverance, and marketing know-how. We utilize technology everywhere we can, but we never let that get in the way of a good conversation. We are experienced in all aspects of a business transaction and we and stay informed about industry best practices. We have the same goal as our clients, so we always go above and beyond to get to the best results possible. We love talking to business owners and entrepreneurs so don't hesitate to reach out.
Houston, TX
$150,000
Los Angeles, CA
$1,150,000
Littleton, CO
$409,000
Huntington Station, NY
$1,900,000
REAL ESTATE INCLUDED
Baker, MT
$500,000
Available in Multiple Locations
$50,000
Fort Worth, TX
$150,000
Suffolk County, NY
$299,000
Long Beach, CA
$1,500,000
Delaware County, PA
$300,000
Tucson, AZ
$110,000
Astoria, NY
$195,000
Corona, NY
$75,000
Philadelphia, PA
$360,000
Decatur, GA
$420,000
Available in Multiple Locations
$150,000
Kings County, NY
$200,000
Cobb County, GA
$400,000
Prince George's County, MD
$1,699,000
Manteca, CA
$325,000
Available in Multiple Locations
$200,000
REAL ESTATE INCLUDED
St Germain, WI
$869,900
Bronx, NY
$1,250,000
South Plainfield, NJ
$800,000
Middlesex County, MA
$429,000
Plainville, CT
$219,000
Billy Kataria
AK Property Brokers
Serving Orange County, FL
Our excellence is driven by your success
Chicago, IL
$750,000
Forest Hills, NY
$110,000
Atlantic County, NJ
$700,000
Westchester County, NY
$115,000
Available in Multiple Locations
$200,000
Middlesex County, MA
$195,000
Los Angeles, CA
$599,990
Hamilton County, OH
$350,000
REAL ESTATE INCLUDED
Buffalo, NY
$4,500,000
REAL ESTATE INCLUDED
Buffalo, NY
$2,500,000
Richmond County, NY
$425,000
Evanston, IL
$125,000
Philadelphia County, PA
$250,000
Clay County, FL
$2,500,000
Available in Multiple Locations
$110,000
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: