Jamaica, NY
$265,000

Jamaica, NY
$265,000

Dallas, TX
$650,000
Brooklyn, NY
$500,000

Poughkeepsie, NY
$180,000
Plymouth County, MA
$118,000
Eagle Rock, CA
$670,000
Los Angeles, CA
$770,000
Macomb County, MI
$199,000
Boston, MA
$199,500
Philadelphia County, PA
$299,000
Available in Multiple Locations
$50,000
Philadelphia, PA
$2,990,000
East Meadow, NY
$390,000
Brooklyn, NY
$698,000
Bronx County, NY
$898,000
REAL ESTATE INCLUDED
Los Angeles County, CA
$7,500,000
Mike Metzger, CBI, CM&AP
Murphy Business & Financial
Serving Richmond City County, VA
We are one of the largest and most successful business brokerage firms in North America with offices conveniently located throughout the United States and Canada. Murphy Business provides both clients and business associates with the highest standards of professional service and unmatched performance in the sale of privately held businesses, mergers & acquisitions, franchise sales, business valuations, machinery & equipment appraisals, commercial real estate and business consulting. With the team at Murphy Business, you can be assured you are represented by outstanding, experienced and knowledgeable professionals who will provide you with sound financial, strategic and tactical implementation to achieve a successful transaction.
Fort Lauderdale, FL
$370,000
Miami, FL
$725,000
Bronx, NY
$1,345,344
Bronx, NY
$1,400,000
Available in Multiple Locations
$45,000
Bronx, NY
$2,200,000
Queens, NY
$1,388,888
California
$600,000
Jacksonville, FL
$980,000
Austin, TX
$550,000
Hillsborough County, NH
Not Disclosed
Christian County, KY
$275,000
Houston, TX
$65,000
Chicago, IL
$625,000
Available in Multiple Locations
$100,000
Stafford, TX
$99,000
Inglewood, CA
$130,000
Brevard County, FL
$150,000
Ceres, CA
$650,000
Available Nationwide
$85,000
Los Angeles, CA
$1,120,000
Paramount, CA
Not Disclosed
Los Angeles County, CA
$800,000
Los Angeles, CA
$180,000
Highland Park, CA
$115,000
Atlantic County, NJ
$349,999
Tarrant County, TX
$700,000
Kings County, NY
$1,200,000
Kevin Dufrene
Transworld Business Advisors of Lake Charles/Lafayette
Serving Calcasieu County, LA
Boynton Beach, FL
$69,900
Available in Multiple Locations
$100,000
Wood Dale, IL
Not Disclosed
Rochester, NY
$499,900
Houston, TX
$4,950,000
Bay City, TX
$258,000
Jackson, NJ
Not Disclosed
Moss Landing, CA
Not Disclosed
Fairfield County, CT
$1,499,000
Arlington, TX
$4,300,000
Los Angeles, CA
$2,980,000
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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