Long Beach, CA
$375,000
Long Beach, CA
$375,000
REAL ESTATE INCLUDED
West Branch, MI
$675,000

Idaho Falls, ID
$850,000

Stone Mountain, GA
$360,000
Los Angeles, CA
$7,950,000
Port Jefferson, NY
$1,195,000
Bell Gardens, CA
$949,000
Saint Petersburg, FL
$680,000
Westchester County, NY
$260,000
Ohio
$300,000
Available in Multiple Locations
$50,000
Jacksonville, FL
$625,000
Tucson, AZ
$125,000
Houston County, AL
$79,500
Commerce City, CO
$175,000
Erie County, NY
$249,999
Michael Kelly
Mike Kelly & Associates, Inc.
Serving Macomb County, MI
Michael Kelly has been exclusively handling the sale of Class C licenses, Bars, Taverns, Restaurants and Property throughout the State of Michigan thru State Business Brokers, Inc./Mike Kelly & Associates, Inc. for the over 50 years. We have assisted buyers and sellers in over 1,000 transactions and have a list of experienced Attorneys and Accountants to assist you in your experience of purchasing a business.
Harris County, TX
$75,000
Yonkers, NY
$79,000
Brazoria County, TX
$775,000
Merced, CA
$1,700,000
Available Nationwide
$85,000
San Antonio, TX
$999,999
Woburn, MA
$1,700,000
Fremont, CA
$120,000
New York, NY
$239,400
Harbor City, CA
$330,000
Arlington, TX
$249,000
Brooklyn, NY
$499,500
Hawthorne, CA
$249,000
New Haven, CT
$229,000
Available in Multiple Locations
$50,000
REAL ESTATE INCLUDED
Long Beach, CA
$3,150,000
Philadelphia, PA
$499,000
Charleston, SC
$325,000
Brooklyn, NY
$1,399,000
Available in Multiple Locations
$45,000
La Puente, CA
$750,000
Houston, TX
$895,000
Marietta, GA
$1,700,000
Marion County, OR
$125,000
REAL ESTATE INCLUDED
Staten Island, NY
$1,300,000
Dunwoody, GA
$55,000
Smyrna, GA
$140,000
Broome County, NY
$170,000
Ken Bohenek
Murphy Business & Financial Corporation
Serving Kootenai County, ID
Murphy Business is one of the largest and most successful business brokers in North America with offices conveniently located throughout the United States and Canada. Choosing to partner with a national business broker provides an advantageous reach of over one hundred and eighty offices that have affiliations with National and International Business Brokerage and Merger & Acquisition associations. Murphy Business Brokers provide the following unsurpassed services: Skilled intermediaries offer assistance in Mergers and Acquisitions Assisting individuals/companies to Buy the most suitable Business Offering Business Valuation Reports and Appraisal Reports Giving accurate Equipment Appraisals Selling a Business without disclosing its identity Experienced Commercial Real Estate Brokers aid in site selection
Harris County, TX
$1,000,000
Available in Multiple Locations
$75,000
Jasper, TX
$495,000
Morris County, NJ
$450,000
REAL ESTATE INCLUDED
Los Angeles, CA
$7,380,000
REAL ESTATE INCLUDED
St Germain, WI
$869,900
Atlantic County, NJ
$445,000
New Jersey
$1,100,000
Boston, MA
$615,000
Astoria, NY
$89,000
San Diego, CA
$825,000
Available in Multiple Locations
$75,000
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 188 |
| Asking Price | $500,000 |
| Reported Revenue | $315,000 |
| Reported Seller's Discretionary Earnings | $95,500 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $250,000 | $500,000 | $950,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Laundromats and Coin Laundry Businesses for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $179,099 | $55,750 |
| Median | $315,000 | $95,500 |
| Upper Quartile | $500,000 | $188,369 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Laundromats and Coin Laundry Businesses listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 1.25 | 3.79 |
| Median | 1.74 | 4.72 |
| Upper Quartile | 2.16 | 5.89 |
FAQ's
How much does it cost to buy a Laundromat and Coin Laundry Business?
The median asking price for an established Laundromat and Coin Laundry Business is $500,000, though prices range from under $250,000 to well over $950,000.
How much do Laundromats and Coin Laundry Businesses owners earn?
The median reported revenue of Laundromats and Coin Laundry Businesses is $315,000 and owners earn a median of $95,500, which includes the owners salary and any other financial benefits they receive.
How do I value a Laundromat and Coin Laundry Business?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Laundromats and Coin Laundry Businesses, revenue multiples range from 1.25 to 2.16, with a median of 1.74. Earning multiples range from 3.79 to 5.89, with the median at 4.72. This means the typical Laundromat and Coin Laundry Business may ask for around 1.74 times its annual revenue, and 4.72 times its annual owner earnings.
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