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

Albuquerque, NM
$175,000

Hialeah, FL
$350,000
Windsor Locks, CT
$12,500
Los Angeles, CA
$199,000
Brooklyn, NY
$230,000
Queens, NY
$1,388,888
California
$600,000
Jacksonville, FL
$980,000
Available in Multiple Locations
$30,000
Christian County, KY
$365,000
Riverdale, IL
$895,000
Broward County, FL
$1,375,000
Chicago, IL
$625,000
Stafford, TX
$75,000
Jared Dutton
Keller Williams Commercial Legacy Group
Serving Stark County, OH
Jared is the oldest of 4 siblings and grew up in Real Estate business that his Grandfather, Dwight "Tom" Dutton started in 1959 as “The Dutton Agency” selling Farms & Equipment via Auction. The Dutton Agency began to provide a wider range of Real Estate Services and eventually grew to having Associates cover over 13 States, Canada, and the Bahamas. Through our 50+ years in the Real Estate and Auction Business, our family Dutton Real Estate Group, has sold more than 5,000 properties and 100,000+ Acres in Ohio, Pennsylvania, Michigan, New York, and West Virginia. In 2017 the we teamed with Keller Williams International and their network of Associates.
Inglewood, CA
$130,000
Brevard County, FL
$150,000
Ceres, CA
$650,000
Los Angeles, CA
$1,120,000
Available in Multiple Locations
$150,000
Paramount, CA
Not Disclosed
Los Angeles County, CA
$800,000
Los Angeles, CA
$160,000
Highland Park, CA
$115,000
Atlantic County, NJ
$349,999
Kings County, NY
$1,200,000
Paradise, CA
$1,200,000
San Antonio, TX
$2,500,000
Chicago, IL
$2,650,000
Available in Multiple Locations
$60,000
Rochester, NY
$499,900
Chicago, IL
$1,700,000
Bay City, TX
$258,000
Jackson, NJ
Not Disclosed
Available Nationwide
$100,000
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
Not Disclosed
$150,000
Chris Smith
Perfect Fit Business Alliance
Serving Plymouth County, MA
Our firm mainly works with main street or service-based businesses. We will put together valuations free of charge before having you sign a listing agreement. I also own my own funding company so can help buyers in need of loans get funded quickly.
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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