Brooklyn, NY
$450,000

Brooklyn, NY
$450,000

Queens, NY
$415,000

New Haven, CT
$55,000

New York County, NY
$650,000
Los Angeles, CA
$270,000
Inglewood, CA
$357,000
Suffolk County, NY
$250,000
REAL ESTATE INCLUDED
Buffalo, NY
$4,900,000
Tampa, FL
$515,000
Colorado Springs, CO
$369,000
Available in Multiple Locations
$150,000
Duluth, GA
$89,000
Tampa, FL
$375,000
Philadelphia, PA
$2,600,000
Forest Park, GA
$1,500,000
Roswell, GA
$169,000
Josh Woo
Serving King County, WA
Established in 1994, First Choice Business Brokers has grown to become one of the largest organizations in the U.S. specializing in business sales. We have listed and managed the sale of over $12.5 Billion. You deserve an experienced, certified, and licensed professional who specializes in business sales.
Hampden County, MA
$490,000
Passaic County, NJ
$4,000,000
Staten Island, NY
$475,000
Fresno, CA
$675,000
Available Nationwide
$50,000
Philadelphia, PA
$350,000
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
Wheaton, IL
$49,000
Philadelphia, PA
$1,020,023
Available Nationwide
$200,000
Lynwood, CA
$180,000
Staten Island, NY
$440,000
Philadelphia, PA
$1,921,500
Jacksonville, FL
$175,000
Available Nationwide
$105,000
Forest Hls, NY
$659,000
Ocean County, NJ
$2,800,000
Astoria, NY
$1,300,000
Norcross, GA
$850,000
Jamaica, NY
$265,000
Dallas, TX
$650,000
Brooklyn, NY
$500,000
Poughkeepsie, NY
$150,000
Tavola Group
Tavola Group
Serving Cook County, IL
At Tavola Group, we go beyond the numbers. We help business owners and individuals take purposeful action, aligning financial strategies with genuine goals to create lasting success.
Los Angeles, CA
$650,000
Available in Multiple Locations
$110,000
Boston, MA
$177,777
Philadelphia, PA
$3,190,000
East Meadow, NY
$390,000
Brooklyn, NY
$698,000
New York, NY
$595,000
Bronx County, NY
$898,000
REAL ESTATE INCLUDED
Los Angeles County, CA
$7,500,000
Fort Lauderdale, FL
$370,000
Bronx, NY
$1,345,344
Available in Multiple Locations
$60,000
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: