Brooklyn, NY
$375,000
Brooklyn, NY
$375,000

Lakewood, CO
$900,000

New York, NY
$650,000

Houston, TX
$895,000
Houston, TX
$979,000
Brooklyn, NY
$100,000
Brooklyn, NY
$370,000
Cape May County, NJ
$150,000
Delaware County, PA
$89,900
Lake Havasu City, AZ
$7,900,000
Available in Multiple Locations
$50,000
Los Angeles, CA
$325,000
Houston, TX
$339,000
Charles County, MD
$269,000
College Park, GA
$850,000
Vero Beach, FL
$299,999
Bethany MacLean
Cynergy Consulting Services, Inc.
Serving Erie County, NY
Trust in our brokerage expertise to navigate the complexities of selling a medical practice. We have successfully brokered the sale and transition of over 2000 medical practices, making us the go-to choice for providers seeking top-notch service. Did you know there are strategic steps you can take to significantly increase the value of your practice before listing it for sale? Most providers are unaware of these opportunities. At Cynergy Consulting, we know the secrets to enhancing your practice’s worth, ensuring you get the most from your sale. Our comprehensive Intermediary Services (practice brokerage and sale), as part of a physician’s exit strategy, allow doctors in solo or group practice to convert the hard-won equity in their practices into liquidity, which can then be diversified for purposes of retirement or investment. Most physicians choose to stay with their practice under a negotiated employment contract for a number of years after sale. All physicians over age fifty-five (55) should have an exit strategy to ensure that they can capture the full value of their medical practice before they begin to “wind down”. Our staff has facilitated the sale of hundreds of medical practices over the last forty years in all fifty (50) states.
Dallas County, TX
$190,000
Jamaica, NY
$455,000
Long Beach, CA
$1,200,000
Franklin County, OH
$499,000
Available in Multiple Locations
$150,000
West Palm Beach, FL
$1,500,000
Wayne County, MI
$315,000
Putnam County, NY
$450,000
Wayne County, MI
$315,000
Marietta, GA
$899,000
North Hollywood, CA
$195,000
Jamaica, NY
$1,750,000
REAL ESTATE INCLUDED
Murfreesboro, TN
$2,100,000
Brooklyn, NY
$1,599,000
Available in Multiple Locations
$100,000
Denton County, TX
$225,000
Brooklyn, NY
$450,000
Queens, NY
$415,000
New Haven, CT
$55,000
Available in Multiple Locations
$110,000
New York County, NY
$650,000
Los Angeles, CA
$270,000
Inglewood, CA
$357,000
New Jersey
$500,000
Suffolk County, NY
$250,000
Houston, TX
$249,900
Tempe, AZ
$2,350,000
REAL ESTATE INCLUDED
Buffalo, NY
$6,500,000
Strategic Business Brokers Group
American Realty
Serving Maricopa County, AZ
We are extremely confident that we can help you sell your business, or guide you through the process of buying a business. Typically, most business brokers specialize in the confidential selling, acquisition and valuation of small to mid-sized privately held businesses. The types of clients we often work with are private equity groups, owners of privately held corporations and individual investors. Professional business brokers serving the greater Phoenix area, we have the skills and experience necessary to help you successfully buy or sell a business in Arizona. Strategic Business Brokers Group provides a variety of services to help you take advantage of the many opportunities available from large to small companies including local franchise locations. If you are interested in selling or buying a business in the Phoenix, Arizona area look no further. Call us today for personable and professional business brokerage service.
Union City, GA
$379,000
Available Nationwide
$25,000
Tampa, FL
$625,000
Old Lyme, CT
$60,000
Tampa, FL
$1,500,000
Ocean County, NJ
$295,000
Merced, CA
$1,700,000
Colorado Springs, CO
$399,000
Woodland Park, NJ
$3,750,000
Houston, TX
$1,600,000
Duluth, GA
$89,000
Available in Multiple Locations
$50,000
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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