Woodside, NY
$5,750,000
Woodside, NY
$5,750,000
Bronx, NY
$999,999
Chicago, MA
$904,900
Manteca, CA
$379,000
Hialeah, FL
$275,000
Queens, NY
$600,000
Burbank, CA
$875,000
Kings County, NY
$200,000
Louisville, TN
$750,000
Montgomery, AL
$450,000
Available in Multiple Locations
$65,000
REAL ESTATE INCLUDED
Round Lake, IL
$595,000
Bronx, NY
$1,400,000
Tarrant County, TX
$550,000
Brooklyn, NY
$125,000
Adam Weaver
Nashville Business Brokers, LLC
Serving Davidson County, TN
Founded in 2014, Nashville Business Brokers has quickly become the top, expert business brokerage in the Southeast, listing, marketing and selling hundreds of millions of dollars in assets. Our advisors have many decades of experience from a variety of different backgrounds, including corporate mergers and acquisitions, sales, marketing, real estate, medical industry and law, to name a few. Our team has serviced the Tennessee and surrounding markets for over 10 years. We can confidently say, we sell more businesses than anyone in the market each year. We have a large buyer data base of qualified buyers for all industries. Our reach and network on the local, regional and national level is unmatched. We love what we do, which makes it easy for us to help buyers and sellers maximize their return, so they can begin the next phase of whatever comes next.
Kings County, NY
$225,000
San Diego, CA
$375,000
Marietta, GA
$180,000
Volusia County, FL
$149,900
Philadelphia County, PA
$250,000
Available in Multiple Locations
$75,000
Willowbrook, IL
$135,000
Houston, TX
$110,000
Brooklyn, NY
$180,005
Tarrant County, TX
$1,000,000
Suffolk County, NY
$4,000,000
Bronx, NY
$105,000
Derby, CT
$350,000
REAL ESTATE INCLUDED
Oklahoma County, OK
$1,300,000
Halndle Bch, FL
$98,500
Available Nationwide
$250,000
Plano, TX
$300,000
Bridgeport, CT
$235,000
Maryland
$4,500,000
Lakeland, FL
$240,000
Available Nationwide
$50,000
Van Nuys, CA
$349,000
Gwinnett County, GA
$370,000
Fort Worth, TX
$329,000
Hamilton County, OH
$350,000
REAL ESTATE INCLUDED
Crescent City, FL
$515,000
Tawnya Gilreath
EXP Commercial of California, Inc.
Serving Riverside County, CA
EXP Commercial's Business Advisory division stands as a pioneering specialty group within the expansive umbrella of EXP World Holdings, a publicly traded global entity renowned for its innovative approach to the commercial real estate and business brokerage sectors. As a dedicated broker associate within this esteemed division, our focus is on delivering unparalleled expertise and strategic guidance to clients navigating the complexities of buying, selling, or expanding businesses. Our commitment to excellence, combined with EXP Commercial's cutting-edge technology and global network, ensures our clients not only achieve their immediate objectives but are also positioned for sustained success in the dynamic business landscape. Whether you're looking to acquire a new venture, divest an existing operation, or seek advisory services to elevate your business, our team is equipped to facilitate your goals with precision, integrity, and a personalized approach.
Denton County, TX
$1,500,000
Baldwin County, AL
$597,000
Paterson, NJ
$3,500,000
Brooklyn, NY
$200,000
Available in Multiple Locations
$30,000
REAL ESTATE INCLUDED
Erie, PA
$750,000
Los Angeles, CA
$650,000
Marietta, GA
Cash Flow: $200,000
Bellmore, NY
$137,000
Jonesboro, GA
$350,000
Hialeah, FL
$2,000,000
Katy, TX
$65,000
Houston, TX
$1,050,000
REAL ESTATE INCLUDED
Suffolk County, NY
$1,900,000
Available in Multiple Locations
$50,000
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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