Los Angeles, CA
$325,000
Los Angeles, CA
$325,000
Duarte, CA
$495,000
Los Angeles, CA
$1,700,000
Lynwood, CA
$180,000
Santa Clara County, CA
$840,000
Daly City, CA
$179,000
West Hollywood, CA
$330,000
Eagle Rock, CA
$670,000
Los Angeles, CA
$770,000
REAL ESTATE INCLUDED
Los Angeles County, CA
$7,500,000
Available in California
$60,000
Inglewood, CA
$130,000
Ceres, CA
$650,000
$2,400,000
San Jose, CA
Los Angeles, CA
$1,120,000
Paramount, CA
Not Disclosed
Steve Sharp, CBB, CBI
Sharp Business Brokers
Serving San Diego County, CA
Sharp Business Brokers is a full-service business brokerage agency specializing in the sale of businesses across a wide range of industries, including Service, Retail, Restaurants, Salons, Manufacturing, Transportation, Construction, Med Spas, Distribution, E-commerce, and Franchises. With a team of experienced agents, we provide business owners with expert guidance through every stage of the selling process, ensuring a seamless transition. Founded by Steve Sharp, a Certified Business Broker, Sharp Business Brokers was built on the principles of VALUE & SERVICE from start to finish. Steve has been selling businesses professionally since 2007 and has personally owned multiple businesses, including service, retail, wholesale distribution, and an online marketing agency. His hands-on experience with cash flow management, lease negotiations, employee challenges, and business growth gives Sharp Business Brokers a unique edge in understanding and addressing the needs of business owners. Whether you're looking to sell or buy a business, our team is committed to delivering expert guidance, strategic marketing, and strong negotiation to help you achieve your goals. Let Sharp Business Brokers put our experience to work for you!
Los Angeles County, CA
$800,000
Los Angeles, CA
$180,000
Highland Park, CA
$115,000
Moss Landing, CA
Not Disclosed
Los Angeles, CA
$2,980,000
Available Nationwide
$100,000
Orange, CA
$180,000
Los Angeles, CA
$2,950,000
$975,000
Santa Cruz County, CA
Not Disclosed
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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