Woodland Park, NJ
$3,750,000
Woodland Park, NJ
$3,750,000
Houston, TX
$1,600,000
Houston, OH
$895,000
Aurora, CO
$1,200,000
Duluth, GA
$89,000
New Haven, CT
$184,900
Azusa, CA
$395,000
Fort Collins, CO
$250,000
La Porte, TX
$1,170,000
Kings County, NY
$110,000
Available Nationwide
$25,000
Philadelphia, PA
$4,000,000
Sylmar, CA
$450,000
Los Angeles County, CA
$468,000
West Palm Beach, FL
$400,000
Marietta, GA
$179,000
Dr. Keith Gilmore
eXp Commercial
Serving Brazoria County, TX
eXp Commercial is a division of exp World Holdings, Inc., one of the fastest growing brokerages worldwide. We are pioneers of the virtual commercial and residential real estate industry creating a cloud-based model that provides agents with state-of-the-art tools and technology and access to a global community of top league agents, leaders, and partners building a powerful network of professionals. As an international market disruptor, we are leveraging our technology and expertise to provide unrivaled services worldwide.
Forest Park, GA
$1,650,000
Acworth, GA
$369,000
Lawrenceville, GA
$250,000
Roswell, GA
$169,000
Available in Multiple Locations
$50,000
Hampden County, MA
$490,000
Richmond County, NY
$1,100,000
New Haven, CT
$220,000
Brooklyn, NY
$700,000
Passaic County, NJ
$4,000,000
North Lauderdale, FL
$289,000
Dana Point, CA
$465,000
Saint Paul, MN
$645,000
New Bedford, MA
$73,500
Available Nationwide
$50,000
Midland County, TX
$1,000,000
REAL ESTATE INCLUDED
Wood River, IL
$199,000
Staten Island, NY
$475,000
La Grange, IL
$125,000
Available Nationwide
$250,000
Jupiter, FL
$999,999
Fresno, CA
$675,000
Philadelphia, PA
$425,000
Van Nuys, CA
$400,000
Tampa, FL
$750,000
Houston, TX
$415,000
Bridgeport, CT
$79,000
North Hollywood, CA
$595,000
Jonathan Naguit
fiduciarRE
Serving King County, WA
Jonathan Naguit's mission is to help his clients in their acquisition and disposition of their business and/or real estate properties to bring the highest & best returns from their investments, and for real estate that serves you well either/both in tangible & intangible ways. For dispositions, his primary objective is to bring Sellers the highest price & the best terms achievable in the prevailing market, including exploring options to increase asset values for even better outcomes.
REAL ESTATE INCLUDED
Burney, CA
$350,000
Available in Multiple Locations
$50,000
REAL ESTATE INCLUDED
Reading, PA
$4,000,000
Los Angeles, CA
$325,000
Snohomish County, WA
$1,190,000
Duarte, CA
$495,000
Wheaton, IL
$49,000
REAL ESTATE INCLUDED
Bronx, NY
$1,950,000
Naugatuck, CT
$235,000
REAL ESTATE INCLUDED
Naugatuck, CT
$770,000
Philadelphia, PA
$1,020,023
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. 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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