Milford, CT
$575,000
Milford, CT
$575,000
Boston, MA
$135,000
Columbia County, OR
$120,000
Lantana, FL
$500,000
Jenks, OK
$69,000
REAL ESTATE INCLUDED
Capitol Heights, MD
$3,500,000
Bronx County, NY
$1,400,000
Colorado
$585,000
Staten Island, NY
$980,000
Carson, CA
$895,000
Available in Multiple Locations
$50,000
REAL ESTATE INCLUDED
Los Angeles, CA
$7,100,000
Manhattan, NY
$970,000
$4,850,000
Manhattan, NY
$975,000
Tarrant County, TX
$400,000
Robert Allen
Robert Allen
Serving Warren County, KY
ExitWay specializes in connecting buyers and sellers of businesses, focusing on developing effective exit strategies and business transition plans. With expertise in business valuation, acquisition strategy, due diligence analysis, business brokerage, and commercial real estate, they help clients maximize the value of their assets. Serving primarily Kentucky and Tennessee, including cities such as Nashville, Bowling Green, and Owensboro, ExitWay offers deep local market knowledge to ensure successful transactions. Headquartered in Bowling Green, KY, the company also supports clients from outside these regions.
Brooklyn, NY
$825,000
Danbury, CT
$325,000
Nassau County, NY
$500,000
Harris County, TX
$285,000
Chicago, IL
$600,000
Available in Multiple Locations
$60,000
Windham, CT
$105,000
Charlotte, NC
$599,900
$160,000
Essex County, NJ
$1,200,000
New York County, NY
$5,000,000
Houston, TX
$225,000
REAL ESTATE INCLUDED
Arlington, TX
$2,150,000
Dallas County, TX
$759,000
Houston, TX
$150,000
REAL ESTATE INCLUDED
Dallas County, TX
$1,000,000
Available Nationwide
$25,000
Harris County, TX
$1,100,000
Charlotte County, FL
$250,000
Long Island City, NY
$278,000
Suffolk County, NY
$299,000
Available in Multiple Locations
$50,000
Kings County, NY
$141,668
Kingston, RI
$199,900
Tampa, FL
$2,100,000
Tampa, FL
$750,000
Largo, FL
$995,000
Thomas Nelson
Murphy Business & Financial Corporation
Serving Richland County, MT
Murphy Business has a presence in the Mountain West Region with strong connections in the following states and cities. Idaho - Coeur D'Alene, Idaho Falls, Pocatello, Twin Falls, Boise Montana - Helena-Butte, Kalispell, Missoula, Dillon, Bozeman, Great Falls, Billings, Central Montana, Eastern Montana, Western Montana Wyoming - Jackson, Sheridan, Buffalo, Casper, Gillette North Dakota - Bismarck, Grand Forks, Fargo, Williston South Dakota - Sioux Falls, Rapid City, Sturgis A strong presence in each state with offices in cities throughout provides insight into each local market. Murphy Business deals with local companies on a daily basis, which helps them gain respect and grow experience in the Mountain West Region.
REAL ESTATE INCLUDED
Baker, MT
$500,000
Jonesboro, GA
$165,000
REAL ESTATE INCLUDED
Los Angeles County, CA
$8,000,000
Houston, TX
$350,000
Available in Multiple Locations
$75,000
Hampden County, MA
$649,000
Marion County, IN
$699,000
Suffolk County, NY
$350,000
Queens, NY
$285,000
Phoenix, AZ
$1,350,000
Cobb County, GA
$350,000
Dallas County, TX
$300,000
Woodside, NY
$5,750,000
Bronx, NY
$999,999
Available Nationwide
$250,000
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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