Affiliate Location: $2MM Average Annual Revenue - $818k Average Profit Average Truck Revenue: $422,915 Average Truck Profit: $162,333 Average Commercial Job Size: $5,316 Average Residential Job Size:...
$59,500
Affiliate Location: $2MM Average Annual Revenue - $818k Average Profit Average Truck Revenue: $422,915 Average Truck Profit: $162,333 Average Commercial Job Size: $5,316 Average Residential Job Size:...
$59,500
“If you are viewing this ad, you must have thought of operating a laundromat in some capacity. I know because I was in your shoes. Searching online at multiple businesses for sale websites to takeover...
$29,000
First Affiliate-Owned Unit - 2023 total revenue was $868,659 with $235,276 EBITDA (27%). Our laundromat business model will disrupt the growing but archaic laundromat industry by providing customers...
$575,000
Montauk, NY
Core Commercial Location in Montauk – Positioned just below the traffic circle and only one block away from the beach, this 2,000sf single-story building sits on a 0.07-acre parcel in the heart of...
$600,000
Suffolk County, NY
LISTING ID # 37095 Long Established Laundromat. Still open and operating for over 40 years. Fully staffed. The owner recently passed away and his family is now selling this business. A prime location...
$299,000
Cash Flow: $42,516
REAL ESTATE INCLUDED
Castleton-On-Hudson, NY
New well lit building with modern amenities and security. A local enterprise that neighbors treat as their own. Located in a good neighborhood that is still upcoming. Great school district and an easy...
$550,000
Bronx, NY
Busy laundromat for sale 1 year old equipment still under warranty low rent good credit required for landlords approval...
$2,550,000
Westchester County, NY
$999,999
Bronx County, NY
$2,999,999
Suffolk County, NY
$195,000
Available Nationwide
$105,000
Bronx County, NY
$999,999
Queens County, NY
$850,000
Nassau County, NY
$1,100,000
Nassau County, NY
$105,000
Westchester County, NY
$999,999
Daz Connell
Murphy Business & Financial Corporation
Serving Rockland County, NY
Daz Connell has been awarded as a Top National Producer and Multi-Million Dollar Broker for the last 8 years running- 2016-2023. Daz has consistently ranked in the Top 10 nationally for business sale transactions, covering several industries. He's also a fellow entrepreneur who is 3x INC 500 Award Winner for Business. 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. Daz covers New Jersey and New York with a vast network of Buyers and Professionals (Attorneys, Accountants, Lenders) to ensure the sale of your business.
Brooklyn, NY
$375,000
Brooklyn, NY
$319,000
Bronx County, NY
$1,400,000
Staten Island, NY
$980,000
Manhattan, NY
$970,000
Available Nationwide
$30,000
Manhattan, NY
$975,000
Brooklyn, NY
$825,000
Nassau County, NY
$500,000
New York County, NY
$5,000,000
Long Island City, NY
$278,000
Kings County, NY
$141,668
Suffolk County, NY
$350,000
Queens, NY
$285,000
Woodside, NY
$5,750,000
Bronx, NY
$999,999
Available in New York
$65,000
Queens, NY
$600,000
Kings County, NY
$200,000
Bronx, NY
$1,400,000
Brooklyn, NY
$125,000
Kings County, NY
$225,000
Available Nationwide
$35,000
Brooklyn, NY
$180,005
Suffolk County, NY
$4,000,000
Bronx, NY
$105,000
Brooklyn, NY
$200,000
Bellmore, NY
$137,000
Vlad Rascanu
The Friendly Brokers
Serving New York County, NY
We built one of the largest databases of institutional and individual buyers in the trades & construction industry because we specialize in these types of businesses and this is all we sell. The largest buyers in the nation are subscribed to us to ensure they don't miss any construction companies that become available for sale. We have direct access to all their decision makers and close 90%+ of all deals we bring to market. If you have a company in the trades/construction industry, we can guarantee you that we'll sell it. Join the hundreds of service businesses we helped exit at some of the highest multiples in the industry. Whether you’re ready to sell your business today or planning for the future, you need the right advisor. With hundreds of successful transactions in the construction industry, The Friendly Brokers is the best M&A advisory firm. Schedule a call for a free valuation and don't pay anything until your business is sold.
REAL ESTATE INCLUDED
Suffolk County, NY
$1,900,000
Bronx, NY
$1,450,000
Holbrook, NY
$375,000
Brooklyn, NY
$330,000
Levittown, NY
$250,000
Available in New York
$110,000
Brooklyn, NY
$375,000
New York, NY
$650,000
Brooklyn, NY
$100,000
Brooklyn, NY
$370,000
Jamaica, NY
$455,000
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. To help provide some context on the market, and provide some baseline valuation information, we have analyzed laundromat businesses listed for sale in New York, and aggregated financial data to help both buyers and sellers evaluate individual businesses relative to market averages.
Market Overview
Number of Businesses Analyzed |
80 |
Median Asking Price |
$565,000 |
Median Reported Revenue |
$405,810 |
Median Reported Earnings |
$149,600 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
New York Laundromat Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
1.11 |
3.38 |
Median |
1.50 |
4.27 |
Upper Quartile |
2.33 |
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 in New York?
The median asking price for laundromats analyzed is $565,000. However, the cost of purchasing a laundromat can vary significantly based on location, size, number of machines, and profitability.
How much do laundromat owners in New York earn?
Median annual laundromat sales are $405,810, and median reported earnings is $149,600. 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, New York laundromat owners’ price their businesses at 1.11 to 2.33 times annual revenue, and 3.38 to 5.50 times annual earnings. The median revenue multiple is 1.50, and median earnings multiple is 4.27. This means the average New York laundromat business is valued around 1.5 times its annual revenue, and 5.5 times its annual owner earnings.
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