Brooklyn, NY
$375,000
Brooklyn, NY
$375,000

Lakewood, CO
$900,000

New York, NY
$650,000

Houston, TX
$895,000
Houston, TX
$979,000
Brooklyn, NY
$100,000
Brooklyn, NY
$370,000
Cape May County, NJ
$150,000
Delaware County, PA
$89,900
Lake Havasu City, AZ
$7,900,000
Available in Multiple Locations
$50,000
Los Angeles, CA
$325,000
Houston, TX
$339,000
Charles County, MD
$269,000
College Park, GA
$850,000
Vero Beach, FL
$299,999
Joe Alter
Sunbelt Business Brokers of Naples, Sarasota and Ft. Myers
Serving Collier County, FL
Sunbelt Business Brokers of Naples, Fort Myers & Sarasota, markets businesses for sale in Florida and around the U.S. We specialize in the following industries: Manufacturing Industrial Businesses Distribution & Routes Construction related SAAS and other Software Service Industries Medical Internet/Ecommerce Related businesses Larger Restaurants Hospitality and Tourism We have convenient offices in Collier, Lee & Sarasota Counties serving all of S.W. Florida and over 1,000 Sunbelt Business Brokers in 200 offices around the country to assist us with our transactions. All discussions are kept strictly confidential. Call today and make an appointment for your FREE consultation 239-849-9334
Dallas County, TX
$190,000
Jamaica, NY
$455,000
Long Beach, CA
$1,200,000
Franklin County, OH
$499,000
Available in Multiple Locations
$75,000
West Palm Beach, FL
$1,500,000
Wayne County, MI
$315,000
Putnam County, NY
$450,000
Wayne County, MI
$315,000
Marietta, GA
$899,000
North Hollywood, CA
$195,000
Jamaica, NY
$1,750,000
REAL ESTATE INCLUDED
Murfreesboro, TN
$2,100,000
Brooklyn, NY
$1,599,000
Available in Multiple Locations
$50,000
Denton County, TX
$225,000
Brooklyn, NY
$450,000
Queens, NY
$415,000
New Haven, CT
$55,000
Available Nationwide
$40,000
Brooklyn, NY
$100,000
New York County, NY
$650,000
Los Angeles, CA
$270,000
Inglewood, CA
$357,000
New Jersey
$500,000
Suffolk County, NY
$250,000
Houston, TX
$249,900
Midland County, TX
$1,200,000
David Miller
Comprehensive Business Brokers, LLC
Serving Monroe County, IN
At Comprehensive Business Brokers we’re the place where everyone’s story is worth hearing and where hard work and dreams receive the respect and care they deserve. Where we pull out all the stops on resources, experience and most importantly trust so that we not only get the job done, but give you the confidence that your best interests are in good hands. Because like you, we’re independent business people and believe that providing honest guidance leads to our client’s success.
Tempe, AZ
$2,350,000
Available in Multiple Locations
$50,000
REAL ESTATE INCLUDED
Buffalo, NY
$6,500,000
Union City, GA
$379,000
Pomona, CA
$247,000
Tampa, FL
$795,000
Old Lyme, CT
$60,000
Tampa, FL
$1,500,000
Ocean County, NJ
$295,000
Merced, CA
$1,700,000
Colorado Springs, CO
$399,000
Available in Multiple Locations
$50,000
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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