Bronx, NY
$1,400,000
Bronx, NY
$1,400,000
Bronx, NY
$2,200,000

Albuquerque, NM
$250,000

North Hollywood, CA
$395,000
Fairfield County, CT
$200,000
Austin, TX
$350,000
Stafford, TX
$75,000
La Habra, CA
$90,000
Pompano Beach, FL
$145,000
Ceres, CA
$650,000
Available in Multiple Locations
$75,000
Essex County, NJ
$140,000
Hialeah, FL
$399,000
Windsor Locks, CT
$12,500
Houston, TX
$60,000
Los Angeles, CA
$199,000
Calhoun Companies
Calhoun Companies
Serving Hennepin County, MN
For more than 100 years, Calhoun Companies has served as matchmaker for buyers and sellers, guiding both into the next phases of their lives. We focus on profitable and privately held businesses, helping them leverage their assets and realize their goals through business brokerage, commercial real estate, mergers and acquisitions, and business valuation services.
Brooklyn, NY
$165,000
Queens, NY
$1,388,888
California
$600,000
Christian County, KY
$365,000
Available Nationwide
$60,000
Riverdale, IL
$895,000
Chicago, IL
$625,000
Inglewood, CA
$130,000
Brevard County, FL
$150,000
Paramount, CA
Not Disclosed
Los Angeles, CA
$160,000
Highland Park, CA
$115,000
Atlantic County, NJ
$349,999
Kings County, NY
$1,200,000
Available Nationwide
$50,000
San Antonio, TX
$2,500,000
Chicago, IL
$2,650,000
Rochester, NY
$499,900
Chicago, IL
$1,700,000
Available in Multiple Locations
$50,000
Bay City, TX
$258,000
Jackson, NJ
Not Disclosed
California
Not Disclosed
Fairfield County, CT
$1,499,000
Arlington, TX
$4,300,000
Los Angeles, CA
$2,980,000
Brooklyn, NY
$599,000
Los Angeles, CA
$2,950,000
Andrew Plohy
August Cove Capital
Serving Canada
August Cove Capital is a dynamic firm dedicated to delivering top-tier investment banking, capital advisory, and capital introduction services. Our mission is to meet the complex needs of business owners and investors by helping them navigate the intricacies of selling and buying companies, raising capital, and making smart investment decisions. Leveraging our extensive network, rich experience, and keen insights, we unlock value for our clients, ensuring they achieve their strategic goals with confidence and clarity. At August Cove Capital, we amplify ambition. Whether you’re an entrepreneur looking to sell your business, an investor seeking new opportunities, or simply exploring your options in the market, August Cove Capital is here to guide you every step of the way. Let’s connect and explore how we can drive your success together.
Not Disclosed
Available Nationwide
$50,000
$250,000
$150,000
$540,000
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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