Jersey City, NJ
$1,500,000
Jersey City, NJ
$1,500,000

Ventura County, CA
$1,000,000
Columbus, OH
$899,900

REAL ESTATE INCLUDED
La Porte, TX
$2,690,000
Tarrant County, TX
$1,000,000
Wayne County, MI
$350,000
Hillsborough County, FL
$595,000
Atlanta, GA
$180,000
Morro Bay, CA
$950,000
Broward County, FL
$665,000
Available in Multiple Locations
$150,000
Kings County, NY
$784,000
Oakland, CA
$135,000
Brooklyn, NY
$775,000
La Porte, TX
$389,000
Jake Whitta
Transworld Business Advisors Northwest Ohio
Serving Lucas County, OH
Transworld Business Advisors is the world leader in the marketing and sales of businesses, franchises and commercial real estate. Whether you represent an acquisition-minded corporation, or are personally interested in owning your own company, Transworld offers the professional services that successfully bring buyers and sellers together. When a company owner needs to sell their business, they can’t just stick a for sale sign in the window. They need the assistance of a business broker to locate and vet potential buyers. On the other side, buyers rely on the broker to help facilitate the process of evaluating potential businesses and franchises for sale. A Transworld Business Advisor is the solution for both scenarios. Transworld Business Advisors focuses on three core concepts: business brokerage, franchise consulting, and franchise development. Transworld Business Advisors is the largest and fastest growing Business Brokerage and M&A firm in the world: * 40th year in business * 10,000 businesses sold * 750+ advisors worldwide * 250+ offices worldwide * Over 400,000 pre-qualified and unique buyer list in our database
Lawrenceville, GA
$700,000
Los Angeles, CA
$1,150,000
Littleton, CO
$409,000
Huntington Station, NY
$1,900,000
REAL ESTATE INCLUDED
Baker, MT
$500,000
Available Nationwide
$25,000
Fort Worth, TX
$150,000
Suffolk County, NY
$299,000
Houston, TX
$540,000
Long Beach, CA
$1,500,000
Tucson, AZ
$95,000
Decatur, GA
$409,000
Prince George's County, MD
$1,699,000
REAL ESTATE INCLUDED
St Germain, WI
$869,900
Bronx, NY
$1,250,000
Available in Multiple Locations
$50,000
South Plainfield, NJ
$800,000
Plainville, CT
$219,000
Chicago, IL
$750,000
Forest Hills, NY
$110,000
Available Nationwide
$100,000
Atlantic County, NJ
$700,000
Westchester County, NY
$115,000
Middlesex County, MA
$195,000
Richmond County, NY
$425,000
Evanston, IL
$125,000
Barry Berkowitz
Berkowitz Acquisitions
Serving Palm Beach County, FL
Berkowitz Acquisitions is a professional Business Brokerage and Mergers & Acquisitions advisory services firm, specializing in the marketing, sale, or acquisition of businesses within the Technology, Healthcare, Education, Manufacturing, Distribution, and Service industries. We have expertise and experience in valuing businesses, bringing buyers and sellers together, and assisting both buyers and sellers in achieving their goals. To accomplish this, we are expertly skilled in analysis, planning, and marketing to get the transaction completed to the satisfaction of our client. WHY USE THE PROFESSIONAL SERVICES OF BERKOWITZ ACQUISITIONS? • Your information will always be kept confidential. • You will get professional help for a very complex process. • Your time will not be squandered on window shoppers. We pre-qualify all potential buyers. • You will have access to a worldwide network consisting of thousands of buyers. • You will have multiple buyers competing for your business. • You will get help establishing the correct asking price. • Your business will be sold in the shortest possible time. • You will get the best possible price and terms.. • You will be free to run your business, leaving the selling to us. We focus on your specific industry to find the right buyer. Our worldwide affiliations enables us to present your business offerings to numerous potential domestic as well as international buyers. This means faster results for you. Our service, dedication and drive are your guarantees that if you are prepared to sell your business, we are ready to help you sell it. If you are planning to sell your business, you owe it to yourself to call Berkowitz Acquisitions. There is no obligation. Our Team Members at Berkowitz Acquisitions are available for a confidential conversation about how to approach selling your business and valuing your business.
Sacramento, CA
$340,000
Volusia County, FL
$495,000
Arkansas
$199,000
Houston, TX
$70,000
Available in Multiple Locations
$110,000
REAL ESTATE INCLUDED
Lawton, OK
$415,000
Chicago, IL
$3,000,000
Philadelphia, PA
$1,250,000
Santa Clara County, CA
$296,000
REAL ESTATE INCLUDED
Round Lake, IL
$595,000
Hudson County, NJ
$550,000
Long Beach, CA
$490,000
St. Petersburg, FL
$150,000
Passaic County, NJ
$450,000
Available in Multiple Locations
$100,000
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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