REAL ESTATE INCLUDED
Naugatuck, CT
$770,000
REAL ESTATE INCLUDED
Naugatuck, CT
$770,000
Philadelphia, PA
$1,020,023
Los Angeles, CA
$1,700,000
Lynwood, CA
$225,000
Staten Island, NY
$440,000
Santa Clara County, CA
$840,000
Pierce County, WA
$1,500,000
Philadelphia, PA
$1,921,500
Denver, CO
$510,000
Philadelphia, PA
$1,799,999
Available Nationwide
$50,000
Jacksonville, FL
$175,000
Daly City, CA
$179,000
Forest Hls, NY
$659,000
Denver, CO
$220,000
REAL ESTATE INCLUDED
Worcester County, MA
$250,000
Michael Snider
Transworld Business Advisors of Cleveland West
Serving Cuyahoga County, OH
Transworld Business Advisors stands as the premier global leader in business sales. With a network of over 700 agents across 250 locations in the United States and 10 countries, we leverage more than 40 years of mergers and acquisitions experience to successfully sell thousands of businesses each year. Our proven platform and winning approach provide significant advantages to business owners seeking a seamless and successful sale.
Inverness, FL
$480,000
Ocean County, NJ
$2,800,000
Georgetown County, SC
$125,000
Astoria, NY
$1,300,000
Available Nationwide
$45,000
Norcross, GA
$970,000
Miami, FL
$350,000
West Hollywood, CA
$330,000
Charleston County, SC
$895,000
Bronx, NY
$3,000,000
Jamaica, NY
$265,000
Prince George's County, MD
$300,000
Schoharie County, NY
$495,000
Dallas, TX
$650,000
Available Nationwide
$100,000
Brooklyn, NY
$500,000
REAL ESTATE INCLUDED
Bronx, NY
$3,000,000
Poughkeepsie, NY
$180,000
Plymouth County, MA
$118,000
Available in Multiple Locations
$50,000
Eagle Rock, CA
$670,000
Los Angeles, CA
$770,000
Macomb County, MI
$199,000
Louisiana
$250,000
Boston, MA
$199,500
Philadelphia County, PA
$299,000
Philadelphia, PA
$2,990,000
East Meadow, NY
$390,000
John Charleston
Murphy Business & Financial Services LLC
Serving Fulton County, GA
Brooklyn, NY
$698,000
Available in Multiple Locations
$150,000
Bronx County, NY
$898,000
REAL ESTATE INCLUDED
Los Angeles County, CA
$7,500,000
Philadelphia, PA
$79,000
Bronx County, NY
$1,471,800
Fort Lauderdale, FL
$370,000
Miami, FL
$725,000
Bronx, NY
$3,709,380
Bronx, NY
$1,345,344
Bronx, NY
$1,400,000
Available in Multiple Locations
$75,000
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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