REAL ESTATE INCLUDED
Burney, CA
$350,000
REAL ESTATE INCLUDED
Burney, CA
$350,000
Los Angeles, CA
$325,000
Duarte, CA
$495,000
Los Angeles, CA
$1,700,000
Lynwood, CA
$225,000
Daly City, CA
$179,000
West Hollywood, CA
$330,000
Eagle Rock, CA
$670,000
Los Angeles, CA
$770,000
REAL ESTATE INCLUDED
Los Angeles County, CA
$7,500,000
Available Nationwide
$50,000
Inglewood, CA
$130,000
Ceres, CA
$650,000
$975,000
Santa Cruz County, CA
Los Angeles, CA
$1,120,000
Paramount, CA
Umit & Business Broker - Ister & Associates Real Estate Group
Ister & Associates Real Estate Group
Serving Kern County, CA
At Ister & Associates Commercial & Business Brokerage, we offer a full range of business services, such as business valuations, business consultation, full services for business buyers and sellers, and commercial real estate sales and purchases with the highest standard of personal and professional integrity. Both buyers and sellers will have access to a business and commercial expert and specialist to get the deal done with the least amount of hassle. We serve all of Central California, where we currently have lots of commercial and business listings throughout the area. In addition, we also have a large network of qualified business buyers, which helps us to market and sell your business faster. Our clients include small and large business owners in different business sectors, such as gas stations, convenience stores, grocery stores, liquor stores, Mexican meat markets, hotels, motels, restaurants, bars, and other types of retail stores. We also help investors purchase and sell commercial properties, industrial properties, shopping centers, strip centers, multi-unit apartment complexes, etc. Each transaction is handled with complete confidentiality and integrity. Additionally, we also offer co-ops to other commercial and business brokers with most of our commercial and business listings.
Los Angeles County, CA
$875,000
Los Angeles, CA
$180,000
Highland Park, CA
$115,000
San Francisco, CA
Moss Landing, CA
Available in California
$75,000
Los Angeles, CA
$2,980,000
Orange, CA
$180,000
$2,400,000
San Jose, CA
Los Angeles, CA
$2,950,000
Compton, CA
$3,000,000
Laundromats and coin laundry businesses are a popular investment option for entrepreneurs, with steady income potential and relatively low management costs. To help provide some context on the market, and provide some baseline valuation information, we have analyzed laundromat businesses listed for sale in California, and aggregated financial data to help both buyers and sellers evaluate individual businesses relative to market averages.
Market Overview
Number of Businesses Analyzed |
60 |
Median Asking Price |
$430,000 |
Median Reported Revenue |
$257,000 |
Median Reported Earnings |
$87,732 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
California Laundromat Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
1.51 |
4.54 |
Median |
1.87 |
5.45 |
Upper Quartile |
2.50 |
5.97 |
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 in California?
The median asking price for laundromats analyzed is $430,000. However, the cost of purchasing a laundromat can vary significantly based on location, size, number of machines, and profitability.
How much do laundromat owners in California earn?
Median annual laundromat sales are $257,000, and median reported earnings is $87,732. 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, California laundromat owners’ price their businesses at 1.51 to 2.50 times annual revenue, and 4.54 to 5.97 times annual earnings. The median revenue multiple is 1.87, and median earnings multiple is 5.45. This means the average California laundromat business is valued around 1.78 times its annual revenue, and 5.45 times its annual owner earnings.
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