Inglewood, CA
$130,000
Inglewood, CA
$130,000
Brevard County, FL
$150,000
Manchester, NH
Ceres, CA
$650,000
Los Angeles, CA
$1,120,000
Paramount, CA
Los Angeles County, CA
$875,000
Inverness, FL
$50,000
College Park, GA
$249,000
Houston, TX
$95,000
Available Nationwide
$250,000
Jacksonville, FL
$980,000
Austin, TX
$550,000
Hillsborough County, NH
Los Angeles, CA
$180,000
Highland Park, CA
$115,000
Chris Springfield, CBI, CM&AA, PMP
Springfield Strategies, LLC
Serving Fulton County, GA
Complimentary Valuations and Success Fee-Based Services. Deciding to sell the business you’ve worked so hard to build is a major event for most entrepreneurs. Understanding how to choose a qualified Intermediary is critical to a successful exit. At Springfield Strategies, we leverage our years of experience with confidential business sales to gather data on current market trends and analyze your key value drivers to get the maximum selling price for your business. From exit planning to the closing table, we have the expertise to guide you to a successful transaction. Our motto is Plan. Execute. Exit
Middlesex County, MA
$85,000
Kings County, NY
$1,200,000
Boynton Beach, FL
$69,900
Bronx County, NY
$2,999,999
Available in Multiple Locations
$30,000
Kane County, IL
Houston, TX
$4,950,000
San Francisco, CA
Bay City, TX
$258,000
Clayton, OK
$269,000
Jackson, NJ
Moss Landing, CA
Fairfield County, CT
$1,499,000
Arlington, TX
$4,300,000
Available Nationwide
$65,000
Los Angeles, CA
$2,980,000
Orange, CA
$180,000
Queens County, NY
$1,550,000
Brooklyn, NY
$599,000
Available in Multiple Locations
$50,000
Los Angeles, CA
$2,950,000
Compton, CA
$3,000,000
$150,000
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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