New Haven, CT
$184,900

New Haven, CT
$184,900

Azusa, CA
$395,000

Fort Collins, CO
$250,000
Kings County, NY
$110,000
Tampa, FL
$375,000
Philadelphia, PA
$1,800,000
Sylmar, CA
$450,000
Los Angeles County, CA
$468,000
Forest Park, GA
$1,650,000
Lawrenceville, GA
$250,000
Available in Multiple Locations
$150,000
Roswell, GA
$169,000
Hampden County, MA
$490,000
Richmond County, NY
$1,000,000
New Haven, CT
$220,000
Passaic County, NJ
$4,000,000
Christopher Sanders
Murphy Business Sales
Serving Collier County, FL
Murphy Business is one of the largest and most successful business brokerage firms in the country with business brokers conveniently located throughout the United States and Canada. The Naples, Florida (FL) office provides beneficial connections in Lee, Collier, Monroe & Hendry counties. Choosing to partner with a national business broker provides an advantageous reach of over one hundred offices that have affiliations with National and International Business Brokerage and Merger & Acquisition associations.
Saint Paul, MN
$645,000
Midland County, TX
$1,000,000
REAL ESTATE INCLUDED
Wood River, IL
$199,000
Staten Island, NY
$475,000
Available in Multiple Locations
$50,000
Fresno, CA
$675,000
Philadelphia, PA
$350,000
Van Nuys, CA
$389,000
Houston, TX
$415,000
Hillsborough County, FL
$575,000
North Hollywood, CA
$595,000
REAL ESTATE INCLUDED
Reading, PA
$4,000,000
Snohomish County, WA
$1,190,000
Duarte, CA
$495,000
Available in Multiple Locations
$75,000
Wheaton, IL
$49,000
REAL ESTATE INCLUDED
Bronx, NY
$1,950,000
Philadelphia, PA
$1,020,023
Lynwood, CA
$180,000
Available in Multiple Locations
$50,000
Staten Island, NY
$440,000
Santa Clara County, CA
$840,000
Pierce County, WA
$1,500,000
Philadelphia, PA
$1,921,500
Philadelphia, PA
$1,799,999
Jacksonville, FL
$175,000
Forest Hls, NY
$659,000
REAL ESTATE INCLUDED
Worcester County, MA
$250,000
Thomas Coffman
Miracle LLC
Serving Davidson County, TN
As a leading car wash real estate and M&A advisory firm, we provide a wide range of services, including real estate brokerage, merger and acquisitions advisory services, and capital markets, making us a full-service option for our clients. Our team’s diverse, long-standing relationships within the car wash, development and financing industries allows us to provide our clients with knowledgeable and efficient service to maximize their value. We represent both buyers and sellers within the industry, ranging from single owner/operator sites to nationally recognized car wash chains and strive to provide each with the same level of detail and care.
Ocean County, NJ
$2,800,000
Available in Multiple Locations
$30,000
Georgetown County, SC
$125,000
Astoria, NY
$1,300,000
Norcross, GA
$850,000
Miami, FL
$350,000
West Hollywood, CA
$330,000
Jamaica, NY
$265,000
Dallas, TX
$650,000
Brooklyn, NY
$500,000
Poughkeepsie, NY
$150,000
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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