Woodland Park, NJ
$3,750,000

Woodland Park, NJ
$3,750,000

Houston, TX
$1,600,000
Duluth, GA
$89,000

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
Available in Multiple Locations
$50,000
Los Angeles County, CA
$468,000
Forest Park, GA
$1,500,000
Lawrenceville, GA
$250,000
Roswell, GA
$169,000
Hampden County, MA
$490,000
Russell Cohen
South Florida M&A Advisors, Inc.
Serving Broward County, FL
South Florida Business Advisors is a team of highly experienced business brokers who specialize in offering personalized, collaborative business brokerage services to companies in Florida. Our mission is to provide the highest quality business brokering services with a focus on achieving your financial goals and objectives while building long-lasting relationships based on trust, transparency, and integrity. Our team of experts have a comprehensive insight of the complexity of the business brokerage process and have successfully navigated transactions of all sizes in all industries for over 25 years. Our focus is on delivering personalized, tailored collaborative solutions to meet the unique needs of each of our clients. Whether you are looking to buy or sell a business, or seeking guidance on a strategic financial decision, we have the expertise and commitment to help you achieve your acquisition goals. Our extensive network, customized solutions and structured deal process help us to confidentially market your business successfully. We are always committed to operating with the highest level of integrity, transparency, and professionalism.
Richmond County, NY
$1,000,000
New Haven, CT
$220,000
Passaic County, NJ
$4,000,000
Saint Paul, MN
$645,000
Available in Multiple Locations
$150,000
Midland County, TX
$1,000,000
REAL ESTATE INCLUDED
Wood River, IL
$199,000
Staten Island, NY
$475,000
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
Available Nationwide
$75,000
REAL ESTATE INCLUDED
Reading, PA
$4,000,000
Snohomish County, WA
$1,190,000
Duarte, CA
$495,000
Wheaton, IL
$49,000
Available in Multiple Locations
$60,000
REAL ESTATE INCLUDED
Bronx, NY
$1,950,000
Philadelphia, PA
$1,020,023
Lynwood, CA
$180,000
Staten Island, NY
$440,000
Pierce County, WA
$1,500,000
Philadelphia, PA
$1,921,500
Philadelphia, PA
$1,799,999
Jacksonville, FL
$175,000
Daniel Brainard
Next Step Capital Brokered by EXP Commercial
Serving Jefferson County, KY
Forest Hls, NY
$659,000
Available in Multiple Locations
$50,000
REAL ESTATE INCLUDED
Worcester County, MA
$250,000
Ocean County, NJ
$2,800,000
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
Available in Multiple Locations
$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:
More for Business Buyers:
Set Up Alerts and Notifications
Business Buyer Learning Center
More for Business Sellers: