Ridgewood, NY
$210,000
Ridgewood, NY
$210,000

Okaloosa County, FL
$600,000

Bayonne, NJ
$220,000

Kings County, NY
$200,000
Raleigh, NC
$599,990
Gaithersburg, MD
$2,000,000
Hennepin County, MN
$700,000
Summit County, OH
$311,000
Fontana, CA
$350,000
St. Petersburg, FL
$125,000
Available in Multiple Locations
$100,000
Staten Island, NY
$99,900
Oakland Park, FL
$450,000
Dallas, TX
$550,000
REAL ESTATE INCLUDED
Hardin County, TX
$649,000
Daniel Cisz, Jr
First Choice Business Brokers
Serving Hillsborough County, NH
Established in 1994, First Choice Business Brokers has grown to become one of the largest organizations in the U.S. specializing in business sales. We have listed and managed the sale of over $8 billion in businesses for sale. Buyers and sellers alike can enjoy the accessibility and expertise of a national network of professional business brokers and the largest inventory of businesses available for sale. We have the experience, knowledge, and dedication you’re looking for when it comes to professional representation. Our knowledgeable professionals bring value to every transaction creating a near seamless transition of ownership between buyer and seller.
Houston County, AL
$94,000
Hemet, CA
$438,000
Manteca, CA
$320,000
Chico, CA
$599,999
Ulster County, NY
$375,000
Available in Multiple Locations
$100,000
Philadelphia County, PA
$250,000
Los Angeles, CA
$1,749,000
Manhattan, NY
$599,000
College Park, GA
$439,000
Denton County, TX
$225,000
Brooklyn, NY
$180,000
Saint James City, FL
$370,000
Orange, VA
$485,000
San Francisco, CA
$399,000
Available in Multiple Locations
$50,000
Mecklenburg County, NC
$649,000
North Las Vegas, NV
$500,000
Westchester County, NY
$260,000
Tucson, AZ
$299,000
Available in Multiple Locations
$100,000
Brooklyn, NY
$150,000
Coram, NY
$500,000
Houston, TX
$600,000
Allegheny County, PA
Not Disclosed
Cash Flow: $178,111
Mesa, AZ
$359,500
Rob Malko
eXp Realty
Serving Fairfax County, VA
As an experienced business broker, I offer a unique blend of expertise, dedication, and personalized service to help you successfully buy or sell your business. Whether you are a first-time buyer or a seasoned seller, my goal is to simplify the process, minimize risks, and maximize value for all parties involved. With years of experience in the industry, I bring deep market knowledge and a strategic approach to business transactions. I understand the complexities of each deal, from valuation to negotiation and finalizing the sale. I use a comprehensive method that includes in-depth market analysis, targeted marketing, and thorough due diligence to ensure that your business is positioned for success. I prioritize your needs and work with integrity and transparency throughout the entire process. As your trusted advisor, I listen carefully to your goals and craft solutions tailored to your specific situation. Whether you are selling to retire, expand, or transition, or looking for an acquisition that aligns with your growth strategy, I guide you through every step. In addition, my network of qualified buyers and sellers provides valuable connections, which helps speed up the process and brings multiple opportunities to the table. I aim to create win-win situations for both sides, ensuring the best possible outcomes. Choosing to work with me means you’re gaining a committed partner with a proven track record of successful transactions. If you’re ready to move forward, I’ll be with you every step of the way to turn your business goals into reality. Let’s make your next business deal a success!
Lakewood, CO
$900,000
San Leandro, CA
$325,000
Annandale, VA
$290,000
REAL ESTATE INCLUDED
Chicago, IL
$2,000,000
Available in Multiple Locations
$110,000
Bronx, NY
$2,500,000
Tampa, FL
$750,000
Orlando, FL
$1,350,000
Cook County, IL
$280,000
Palm Beach Gardens, FL
$950,000
Fullerton, CA
$525,000
Rock Hill, SC
$250,000
Tampa, FL
$1,400,000
Jersey City, NJ
$1,500,000
Available Nationwide
$150,000
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:
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