Long Beach, CA
$490,000

Long Beach, CA
$490,000

St. Petersburg, FL
$150,000
Passaic County, NJ
$450,000

Va Beach, VA
$225,000
Queens County, NY
$850,000
Los Angeles County, CA
$465,000
Smyrna, GA
$145,000
Atlanta, GA
$599,000
Tampa, FL
$129,000
New Brunswick, NJ
$150,000
Available in Multiple Locations
$30,000
Bethany, OK
$750,000
Brooklyn, NY
$249,000
Stanislaus County, CA
$600,000
Los Angeles, CA
$550,000
Christopher J. Gordon
Atlantic Business Brokers
Serving Charleston County, SC
Houston County, AL
$130,000
Houston, TX
$240,000
Fort Worth, TX
$400,000
Katy, TX
$275,000
Guilford, CT
$575,000
Available in Multiple Locations
$45,000
Boston, MA
$135,000
Lantana, FL
$500,000
Jenks, OK
$69,000
REAL ESTATE INCLUDED
Capitol Heights, MD
$3,500,000
Colorado
$476,000
Staten Island, NY
$980,000
REAL ESTATE INCLUDED
Minneapolis, MN
$2,400,000
Carson, CA
$895,000
Manhattan, NY
$975,000
Available Nationwide
$85,000
Tarrant County, TX
$400,000
Las Vegas, NV
$599,990
Danbury, CT
$325,000
Nassau County, NY
$500,000
Available in Multiple Locations
$50,000
Vancouver, WA
$295,000
Windham, CT
$105,000
Essex County, NJ
$1,200,000
New York County, NY
$5,000,000
Houston, TX
$150,000
Murad Ali
Murad Ali
Serving Harris County, TX
"Murad the Realtor" is a full-service business brokerage dedicated to providing confidential and personalized assistance. Our team consists of experienced and accredited business intermediaries who specialize in business sales. We recognize that selling a business is a significant decision, and we are committed to helping you reach your goals with the utmost professionalism and integrity.
REAL ESTATE INCLUDED
Arlington, TX
$2,150,000
Dallas County, TX
$759,000
REAL ESTATE INCLUDED
Dallas County, TX
$1,000,000
Fresno, CA
$779,900
Available in Multiple Locations
$75,000
Harris County, TX
$1,100,000
Long Island City, NY
$278,000
Kingston, RI
$199,900
Tampa, FL
$2,100,000
Largo, FL
$995,000
Hampden County, MA
$649,000
Marion County, IN
$699,000
Suffolk County, NY
$350,000
Queens, NY
$285,000
Available Nationwide
$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:
More for Business Buyers:
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