New Brunswick, NJ
$150,000

New Brunswick, NJ
$150,000

Bethany, OK
$750,000

Houston, TX
$325,000

Stanislaus County, CA
$600,000
Houston County, AL
$130,000
Fort Worth, TX
$400,000
Boston, MA
$135,000
Jenks, OK
$69,000
Staten Island, NY
$980,000
REAL ESTATE INCLUDED
Minneapolis, MN
$2,400,000
Available in Multiple Locations
$100,000
Carson, CA
$895,000
Manhattan, NY
$975,000
Tarrant County, TX
$400,000
Danbury, CT
$325,000
SEAN LINCH
Paragon Acquisitions International
Serving San Diego County, CA
As a forward-thinking Business Brokerage headquartered in California, Paragon Business Brokers distinguishes itself through a depth of knowledge, astute insights, and a commitment to fostering successful transactions. https://www.paragonacquisitionsintl.com Our specialization is centered around CONFIDENTIAL BUSINESS SALES and MERGERS & ACQUISITIONS, both within the United States and across international markets. This focused approach equips our brokers with a nuanced understanding of the prevailing market dynamics, empowering them to provide tailored solutions that address the unique needs of sellers and buyers. At Paragon, we serve as a comprehensive resource for all your brokerage needs, providing you with the guidance and support essential for navigating the intricacies of the transaction process. Our team is comprised of dedicated professionals, each a full-time Business Broker or Agent with a wealth of expertise in the realm of CONFIDENTIAL BUSINESS SALES and MERGERS & ACQUISITIONS. Collaborating with a Paragon Broker means engaging with a seasoned professional who is well-versed in the nuances of both selling and buying procedures. Your journey with us is marked by a commitment to your objectives and a steadfast dedication to achieving a successful outcome. Choose Paragon for a partnership rooted in knowledge, integrity, and a genuine commitment to your success.
Windham, CT
$105,000
Essex County, NJ
$1,200,000
Dallas County, TX
$759,000
REAL ESTATE INCLUDED
Dallas County, TX
$1,000,000
Fresno, CA
$779,900
Available in Multiple Locations
$50,000
Kingston, RI
$149,900
Tampa, FL
$2,100,000
Largo, FL
$995,000
Hampden County, MA
$649,000
Marion County, IN
$699,000
Suffolk County, NY
$350,000
Queens, NY
$285,000
Woodside, NY
$5,750,000
Burbank, CA
$875,000
Available Nationwide
$250,000
Tarrant County, TX
$550,000
Brooklyn, NY
$125,000
Volusia County, FL
$149,900
Chicago, IL
$175,000
Available Nationwide
$50,000
Willowbrook, IL
$135,000
Suffolk County, NY
$4,000,000
Bronx, NY
$105,000
REAL ESTATE INCLUDED
Oklahoma County, OK
$1,300,000
Halndle Bch, FL
$98,500
Patti Edgar
Edgar-Roman Properties
Serving Denver County, CO
Edgar-Roman Properties will handle all aspects of buying or selling, real estate transactions, retail leasing, business valuations, and franchising.
Bridgeport, CT
$235,000
Van Nuys, CA
$250,000
South Milwaukee, WI
$325,000
Paterson, NJ
$3,500,000
Available Nationwide
$50,000
Brooklyn, NY
$200,000
Marietta, GA
Not Disclosed
Cash Flow: $200,000
Bellmore, NY
$137,000
Jonesboro, GA
$350,000
Katy, TX
$65,000
Houston, TX
$275,000
Holbrook, NY
$375,000
REAL ESTATE INCLUDED
Murfreesboro, TN
$999,000
Brooklyn, NY
$330,000
Available Nationwide
$25,000
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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