Lakewood, CO
$900,000

Lakewood, CO
$900,000

New York, NY
$650,000

Houston, TX
$895,000

Houston, TX
$979,000
Brooklyn, NY
$100,000
Brooklyn, NY
$370,000
Cape May County, NJ
$150,000
Delaware County, PA
$89,900
Lake Havasu City, AZ
$7,900,000
Los Angeles, CA
$325,000
Available Nationwide
$60,000
Houston, TX
$339,000
Charles County, MD
$269,000
College Park, GA
$850,000
Vero Beach, FL
$299,999
Dallas County, TX
$190,000
George (Marty) Bombenger
Emerald Coast Restaurant Brokers & Consultants
Serving Walton County, FL
Emerald Coast Restaurant Brokers & Consultants... Professional, Restaurant Food & Beverage, Sales & Consulting Group Emerald Coast Restaurant Brokers & Consultants can help you with all aspects of your restaurant’s success in reaching your goals. Whether you are new start up restaurant that needs a winning plan, you are a struggling restaurant that needs a whole new plan to thrive, or you are ready to sell your Destin restaurant, we can help you every step of the way.
Jamaica, NY
$455,000
Long Beach, CA
$1,200,000
Franklin County, OH
$499,000
West Palm Beach, FL
$1,500,000
Available Nationwide
$200,000
Wayne County, MI
$315,000
Putnam County, NY
$450,000
Wayne County, MI
$315,000
Marietta, GA
$899,000
North Hollywood, CA
$195,000
Jamaica, NY
$1,750,000
REAL ESTATE INCLUDED
Murfreesboro, TN
$2,100,000
Brooklyn, NY
$1,599,000
Denton County, TX
$225,000
Available Nationwide
$25,000
Brooklyn, NY
$450,000
Queens, NY
$415,000
New Haven, CT
$55,000
Brooklyn, NY
$100,000
Available in Multiple Locations
$50,000
New York County, NY
$650,000
Los Angeles, CA
$270,000
Inglewood, CA
$357,000
New Jersey
$500,000
Suffolk County, NY
$250,000
Houston, TX
$249,900
Midland County, TX
$1,200,000
Tempe, AZ
$2,350,000
Marwan Nabulsi
Murphy Business Sales
Serving New York County, NY
Murphy is the largest (IBISWorld 2015) and most successful business brokerage firm in North America with offices conveniently located throughout the United States and Canada. We are members of virtually all associations, group listing services and networks that exist in the business brokerage industry. We have unsurpassed access to buyers and sellers nationwide. Our proven process and system provides our clients a higher closing ratio than national averages. We promise that you will not find a more complete, thorough professional experience as the one Murphy Business and Financial Corporation can provide.
REAL ESTATE INCLUDED
Buffalo, NY
$6,500,000
Available in Multiple Locations
$65,000
Union City, GA
$379,000
Pomona, CA
$247,000
Tampa, FL
$795,000
Old Lyme, CT
$60,000
Tampa, FL
$1,500,000
Ocean County, NJ
$295,000
Merced, CA
$1,700,000
Colorado Springs, CO
$399,000
Woodland Park, NJ
$3,750,000
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:
More for Business Buyers:
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More for Business Sellers: