Putnam County, NY
$450,000
Laundromats and Coin Laundry Businesses For Sale in New York
Market Info
24 Hr-High Volume-Partially Attended Laundromat-Putnam County-$450,000
High volume laundromat business for sale
Jamaica, NY
$1,750,000
Hi Gross Revenue of 7,000 S/F WITH 60 W64D Laundromat in Densely Popul
Brooklyn, NY
$1,599,000
Absentee Card System Laundromat Brooklyn
Brooklyn, NY
$450,000
Newly Renovated Laundromat In Dense Location For Sale
Queens, NY
$415,000
Card System Laundromat Refurbished
New York County, NY
$650,000
Laundromat Business for Sale
Suffolk County, NY
$250,000
(3) Large & High Traffic Laundromats + Real Estate!
REAL ESTATE INCLUDED
Buffalo, NY
$6,500,000
Laundromat Establish over 50 years
Kings County, NY
$110,000
Semi-Absentee Owner mgmt of Laundromat in Busy Large Supermarke Mall
Richmond County, NY
$1,000,000
FranchiseThe Cleaning Authority
Available in New York
$50,000
Under contr - Established a Profitable laundromat in a shopping center
Staten Island, NY
$475,000
Bronx Laundromat With Property Included For Sale
REAL ESTATE INCLUDED
Bronx, NY
$1,950,000
Laundromat. Passive Income - Arcade, Vending & Laundry Revenue.
Motivated Seller All New Equipment - Staten Island
Staten Island, NY
$440,000
23 Year lease Laundromat Forest Hills/Rego Park
Forest Hls, NY
$659,000
Angelo A. Ferrara
Rapt Business Brokers
Serving Nassau County, NY
Rapt is a middle market intermediary firm involved in business brokering, valuations, commercial RE & finance, and business planning/coaching. Our company name, Rapt, was chosen to convey our deep commitment to providing our complete, undivided attention to our task. We are professionals who approach each of our engagements with Intensity, Integrity, Fairness and Honesty. Our basic strategy is to negotiate on merits and conduct principled negotiations, requiring that both parties negotiate on objective standards that focus on interests and not positions. This strategy is best accomplished by presenting mutually advantageous options (“win-win” options) that make it easier to reach a conclusion. In our experience, this expedites the process and leads to successful negotiations that are acceptable to both sides. Our relationship with the owner of a privately held company is a highly personalized hands-on service. We do not hand off work to junior associates once an agreement has been signed to represent a client company. We work closely with owners and their advisors from the beginning to gain an in-depth level of knowledge about the company. Every organization is different and we strive to gain an understanding of the uniqueness of each company that ultimately becomes a driver in the associated value. Our principal, Angelo A. Ferrara, has advanced degrees in both business administration and engineering and has taught finance courses to MBA candidates. Prior to opening Rapt, he operated a manufacturing company and brings a “hands on” business experience to the buying and selling process. He is a member of the International Business Brokers Association (IBBA) and has achieved their designation as a Certified Business Intermediary (CBI). As one who has experienced owning and operating his own business, he understands that in he must act as a mentor to his client as well conduct successful negotiations.
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Well managed and profitable Laundromat for Sale
Astoria, NY
$1,300,000
QUICK SALE needed Laundromat with 20 Washers and 18 Dryers Queens, NY
Jamaica, NY
$265,000
Large store in Brooklyn
Brooklyn, NY
$500,000
Potential! Potential! Laundromat in Strip mall Dutchess County, NY
Poughkeepsie, NY
$150,000
79 Machine Card System store.- Nassau County
East Meadow, NY
$390,000
FranchiseFive Star Painting
Available Nationwide
$50,000
82 Machines Brooklyn - Card System
Brooklyn, NY
$698,000
$242,208. Yr Profit- $400,000 Down Payment Bronx Superstore Laundromat
Bronx County, NY
$898,000
NOT another laundromat Laundry Business Opportunity!
2800SqFt High Speed Washer location
Bronx, NY
$1,345,344
Long Lease three year old Equipment
Bronx, NY
$1,400,000
22 Year Lease Bronx Laundromat 2 years old
Bronx, NY
$2,200,000
Asset SaleAsset Sale Brooklyn Laundromat Near Apartments
Brooklyn, NY
$275,000
Asset SaleTurn Key New Build Queens Laundromat Asset Sale
Queens, NY
$1,388,888
Asset SaleNew Built Absentee OwnerManagement Laundromat Great Potential for Grow
Kings County, NY
$1,200,000
Real EstateTurnkey Laundromat Opportunity - Brand New Buildout
Rochester, NY
$499,900
FranchiseComplete Pest Solutions
Available Nationwide
$100,000
Real EstateLARGE lAUNDROMAT WITH 50W50 of 3,865 S/F / Train Statiion
Brooklyn, NY
$599,000
Buy or Sell a Laundromat Business in New York
Laundromats and coin laundry businesses are a popular investment option for entrepreneurs, with steady income potential and relatively low management costs. To help provide some context on the market, and provide some baseline valuation information, we have analyzed laundromat businesses listed for sale in New York, and aggregated financial data to help both buyers and sellers evaluate individual businesses relative to market averages.
Market Overview
|
Number of Businesses Analyzed |
80 |
|
Median Asking Price |
$565,000 |
|
Median Reported Revenue |
$405,810 |
|
Median Reported Earnings |
$149,600 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
New York Laundromat Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
1.11 |
3.38 |
|
Median |
1.50 |
4.27 |
|
Upper Quartile |
2.33 |
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 in New York?
The median asking price for laundromats analyzed is $565,000. However, the cost of purchasing a laundromat can vary significantly based on location, size, number of machines, and profitability.
How much do laundromat owners in New York earn?
Median annual laundromat sales are $405,810, and median reported earnings is $149,600. 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, New York laundromat owners’ price their businesses at 1.11 to 2.33 times annual revenue, and 3.38 to 5.50 times annual earnings. The median revenue multiple is 1.50, and median earnings multiple is 4.27. This means the average New York laundromat business is valued around 1.5 times its annual revenue, and 5.5 times its annual owner earnings.
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