San Jose, CA
? Business For Sale Two Thriving Laundromats — Prime San Jose Locations — Strong Cash Flow ? Price: $2,400,000 total ($1.2M each) Location: San Jose, California Business Type: Coin Laundry ?...
$2,400,000

San Jose, CA
? Business For Sale Two Thriving Laundromats — Prime San Jose Locations — Strong Cash Flow ? Price: $2,400,000 total ($1.2M each) Location: San Jose, California Business Type: Coin Laundry ?...
$2,400,000

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
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
“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
REAL ESTATE INCLUDED
Joshua Tree, CA
(All Equipment AS-IS) 2 - 60# FL Speed Queen 2 - 40# FL Heubsch (2016) 13 - 30# FL Heubsch (2018) 6 - 20# FL Heubsch (2018) 4 - 10# TL Heubsch (2018) 14 - 30# Stack Dryers (2021) 2 - Changers 4 -...
$995,000
Pasadena, CA
Established Pasadena Self & Full Service Laundromat - Prime Investment Opportunity This well-positioned laundromat in Pasadena, CA offers an exceptional investment opportunity with modern equipment...
$825,000
Cash Flow: $157,428
Los Angeles, CA
Well-established laundry business offering both regular laundry services and specialized horse blanket cleaning. Known for quality service and reliability, this business serves a loyal customer base...
$225,000
Compton, CA
Fully operating large laundromat with 33 washers and 26 dryers (13 sets). Waterless water heaters. New card reading system with security wall and new coin change machine for coin operating options. 2...
$250,000
Cash Flow: $60,000
Los Angeles, CA
This coin laundromat is located just outside of downtown Los Angeles, blocks away from the LA Convention Center, LA Live and Crypto Arena. While the surrounding neighborhood has excellent demographics...
$270,000
Baldwin Park, CA
This coin laundromat in Baldwin Park is a great option for an investor looking for a turnkey business to take over. With a strong income, great parking and a partial remodel within the last few years,...
$495,000
Available Nationwide
Minuteman Press is the world's largest & #1 rated digital printing and graphics franchise. With our state of the art technology, proven marketing programs and over 25 regional support offices, we have been able to take quality people from all walks of life and provide them with the opportunity to secure their financial future.
$50,000
See More FranchisesSanta Ana, CA
Laundromat located in the heart of Santa Ana, CA. with state of the art Continental Girbau equipment, and over 4k active loyalty card members, adding 906 loyalty card members with balances in the last...
$695,000
Escondido, CA
Established Coin Laundromat Asset Sale - Escondido, CA This fully equipped coin laundromat represents an exceptional opportunity to acquire a complete laundry operation at a significantly reduced...
$80,000
Sacramento, CA
You might consider buying The Freeport Car Wash - 2955 Freeport Blvd. Sacramento, CA 95818. The owners will sell the car wash and rent the land back to the buyer for $2000.00 a month. Lease and...
$399,000
REAL ESTATE INCLUDED
Lynwood, CA
$4,500,000
San Leandro, CA
$325,000
Brannon Poe
Poe Group Advisors
Serving San Francisco County, CA
Poe Group Advisors is the premier accounting practice intermediary firm in the accounting industry. With practices located throughout the U.S. and Canada, our company is known for our seamless process as well as our efficient and diligent approach to facilitating the buying and selling of CPA firms. Armed with a passion for people and unmatched expertise, our team of experts has a deep knowledge of accounting industry and an intense focus on maximizing value or minimizing risk.
Los Angeles, CA
$269,000
Torrance, CA
$275,000
Los Angeles, CA
$550,000
San Ramon, CA
$200,000
Ventura, CA
$405,500
Available Nationwide
$50,000
Fullerton, CA
$525,000
Ventura County, CA
$1,200,000
Los Angeles, CA
$695,000
Morro Bay, CA
$895,000
REAL ESTATE INCLUDED
Burney, CA
$350,000
Oakland, CA
$135,000
Los Angeles, CA
$1,150,000
Long Beach, CA
$1,500,000
Manteca, CA
$325,000
Los Angeles, CA
$599,990
Available in California
$150,000
Sacramento, CA
$340,000
Santa Clara County, CA
$296,000
Long Beach, CA
$490,000
Los Angeles County, CA
$465,000
Stanislaus County, CA
$600,000
Available Nationwide
$75,000
Carson, CA
$895,000
Fresno, CA
$779,900
Burbank, CA
$875,000
Van Nuys, CA
$349,000
Los Angeles, CA
$650,000
Rick Piper
Piper Group International, LLC
Serving Los Angeles County, CA
Piper Group International, LLC (“PGI”) is a leading provider of middle-market Merger and Acquisition services. PGI has been for decades focused on a single mission: “to improve our clients’ positions.” Our unique and proven market approach has resulted in years of sold businesses. See our Testimonials webpage or see below our Letters of References Brochure link that spans four decades. See reference comments below under About. Our Core Values WE TRULY CARE. When we take on an engagement, we realize that you are placing your retirement and financial future in our hands. And we take this responsibility seriously — we respect the years you’ve taken to create this business and the importance this transaction will have on your future. Our Approach Our first step is to share what we know about the current market conditions and how buyers value closely held businesses. We then look at your business to arrive at a range of value to see if your expectations are within the market. Only then do we engage to represent you. If not, we will offer advisory services to help you grow your company and achieve a value that meets your expectations. Our Geography and Industry Wide Experience Our client base is not dominated by a single industry - our experience spans mid-market technology, manufacturing, distribution, and service companies. We provide creative, customized solutions for your specific needs. We have had engagements from all parts of the country and internationally. Our Commitment PGI shepherds the process from beginning to end. Making a market with multiple offers then using our Deal Point process to create an ethical “limited Auction.” Then once we have decided which buyer, using our proven “Roadmap to Closing” process which keeps the transactions on target through the maze of buyer’s due diligence; third-party consents; financing, and legal, tax and real-estate issues. Again, our years of letters of reference tell it best.
Oakland, CA
$563,000
Woodland, CA
$350,000
Campbell, CA
$289,900
El Monte, CA
$205,000
Los Angeles, CA
$325,000
Available in California
$50,000
Long Beach, CA
$1,200,000
North Hollywood, CA
$195,000
Los Angeles County, CA
$307,000
Los Angeles, CA
$270,000
Inglewood, CA
$357,000
Available in California
$150,000
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 California, and aggregated financial data to help both buyers and sellers evaluate individual businesses relative to market averages.
Market Overview
|
Number of Businesses Analyzed |
60 |
|
Median Asking Price |
$430,000 |
|
Median Reported Revenue |
$257,000 |
|
Median Reported Earnings |
$87,732 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
California Laundromat Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
1.51 |
4.54 |
|
Median |
1.87 |
5.45 |
|
Upper Quartile |
2.50 |
5.97 |
|
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 California?
The median asking price for laundromats analyzed is $430,000. 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 California earn?
Median annual laundromat sales are $257,000, and median reported earnings is $87,732. 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, California laundromat owners’ price their businesses at 1.51 to 2.50 times annual revenue, and 4.54 to 5.97 times annual earnings. The median revenue multiple is 1.87, and median earnings multiple is 5.45. This means the average California laundromat business is valued around 1.78 times its annual revenue, and 5.45 times its annual owner earnings.
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