Los Angeles, CA
$1,150,000

Los Angeles, CA
$1,150,000

Littleton, CO
$409,000

Huntington Station, NY
$1,900,000

Fort Worth, TX
$150,000
Suffolk County, NY
$299,000
Long Beach, CA
$1,500,000
Delaware County, PA
$300,000
Tucson, AZ
$110,000
Astoria, NY
$195,000
Corona, NY
$75,000
Available in Multiple Locations
$30,000
Philadelphia, PA
$360,000
Decatur, GA
$420,000
Kings County, NY
$200,000
Cobb County, GA
$250,000
WeSellGyms .com
We Sell Group
Serving Travis County, TX
We are a part of a publicly traded international (24 countries and growing) commercial business brokerage and real estate sales organization so when you work with is you the local care and attention but the exposure of our massive network of professionals around the globe..
Prince George's County, MD
$1,699,000
Manteca, CA
$325,000
REAL ESTATE INCLUDED
St Germain, WI
$869,900
Bronx, NY
$1,250,000
South Plainfield, NJ
$800,000
Available Nationwide
$125,000
Middlesex County, MA
$429,000
Plainville, CT
$219,000
Chicago, IL
$750,000
Forest Hills, NY
$110,000
Atlantic County, NJ
$700,000
Westchester County, NY
$115,000
Middlesex County, MA
$225,000
Los Angeles, CA
$599,990
San Francisco, CA
$399,000
Available in Multiple Locations
$100,000
Hamilton County, OH
$350,000
REAL ESTATE INCLUDED
Buffalo, NY
$4,500,000
REAL ESTATE INCLUDED
Buffalo, NY
$2,500,000
La Puente, CA
$615,000
Available in Multiple Locations
$100,000
Richmond County, NY
$425,000
Philadelphia County, PA
$250,000
Clay County, FL
$2,500,000
Sacramento, CA
$340,000
Volusia County, FL
$495,000
Joe Serafin
Serafin Real Estate
Serving Loudoun County, VA
Serafin Real Estate is a licensed commercial real estate brokerage firm where we help investors and business owners with their commercial property needs. We strive to provide high-level services to our clients and deliver the best solutions and opportunities in commercial real estate. When you list your property with us, we use the latest advanced technology to market your property effectively and reach an audience of targeted, and most importantly, qualified, buyers….locally, nationally, and even internationally. My team and I put your property in the best foot forward to make sure it’s presented in the best way possible. Market knowledge is key, which is why we have a specific concentration in Loudoun, Fairfax, and Prince William County, with a defined niche in high-end commercial investment property. This allows us to have deep understanding of the current commercial real estate activity, pricing, and forecast. We are highly experienced in accurately evaluating a commercial property to best serve our client. We have obtained some of the highest price per square foot prices for our seller clients by positioning their properties appropriately and marketing them efficiently. As you know, there is a lot to evaluate when you are considering to sell your property, and we are happy to help and consult with you…on your timeline and when you are ready. Whether it’s time to consider a 1031 Tax Exchange or capitalize on the current state of the commercial market, we can help in all aspects. At Serafin Real Estate, we are at your service, so give us a call or complete the contact form, and let’s see how we can help.
Arkansas
$199,000
Houston, TX
$100,000
Wayne County, MI
$164,900
Wayne County, MI
$164,900
Available in Multiple Locations
$50,000
REAL ESTATE INCLUDED
Lawton, OK
$415,000
Orange, TX
$1,250,000
Chicago, IL
$3,000,000
Philadelphia, PA
$1,250,000
Oakland Park, FL
$600,000
Santa Clara County, CA
$296,000
REAL ESTATE INCLUDED
Round Lake, IL
$595,000
Hudson County, NJ
$550,000
Westchester County, NY
$260,000
Available in Multiple Locations
$45,000
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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