Houston, TX
$415,000
Laundromats and Coin Laundry Businesses For Sale in Texas
Market Info
The Realty TX Laundromat Washateria | Scott St, Houston
Updated Equipment! Remodeled Laundromat in Busy Area of Dallas
Dallas, TX
$650,000
Asset SaleAustin Laundromat – 64 Washers, 64 Dryers – 5,000+ Square Foot Store
Austin, TX
$550,000
Asset SaleThe Realty Laundromat Washateria | Veterans Memorial Dr, Houston
Houston, TX
$65,000
Asset SaleThe Realty TX Laundromat Washateria | Stafford, TX
Stafford, TX
$75,000
Real EstateConvenience Store & Laundromat – Dual-Income Property in Bay City, TX
Bay City, TX
$258,000
Real EstateLaundromat with 4 tenant Building
Arlington, TX
$4,300,000
Buy or Sell a Laundromat Business in Texas
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 Texas, and aggregated financial data to help both buyers and sellers evaluate individual businesses relative to market averages.
Market Overview
|
Number of Businesses Analyzed |
38 |
|
Median Asking Price |
$386,250 |
|
Median Reported Revenue |
$270,310 |
|
Median Reported Earnings |
$84,983 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
Texas Laundromat Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
1.16 |
3.23 |
|
Median |
1.83 |
4.90 |
|
Upper Quartile |
2.54 |
5.89 |
|
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 Texas?
The median asking price for laundromats analyzed is $386,250. 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 Texas earn?
Median annual laundromat sales are $270,310, and median reported earnings is $84,983. 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, Texas laundromat owners’ price their businesses at 1.16 to 2.54 times annual revenue, and 3.23 to 5.89 times annual earnings. The median revenue multiple is 1.83, and median earnings multiple is 4.90. This means the average Texas laundromat business is valued around 2 times its annual revenue, and 5.0 times its annual owner earnings.
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