Bronx, NY
$999,999
Bronx, NY
$999,999
Chicago, MA
$904,900
Manteca, CA
$379,000
Hialeah, FL
$275,000
Queens, NY
$600,000
Burbank, CA
$875,000
Kings County, NY
$200,000
Louisville, TN
$750,000
Montgomery, AL
$450,000
REAL ESTATE INCLUDED
Round Lake, IL
$595,000
Available in Multiple Locations
$50,000
Bronx, NY
$1,400,000
Tarrant County, TX
$550,000
Brooklyn, NY
$125,000
Kings County, NY
$225,000
Gary Sharp
Sharp Business Solutions
Serving Pierce County, WA
Sharp Business Solutions is a Western Washington based merger and acquisition firm helping business owners through the important and complicated process of selling their business. Unlike traditional business brokers Sharp Business Solutions is not out to just LIST your business. We are here to assist you in making the decision of when is the right time to sell. There are many reasons to consider selling your business. Ideally you will sell when it is your idea and when business is thriving, not due to some unexpected event or at the bottom of the business cycle. We want to help get you ready for whatever happens. We help: • Determine the current value of your business. • Based on a business review help determine if this is the best time to sell. • Take an honest and realistic approach to exit planning. • To look at a contingency plan in case of an unexpected event.
San Diego, CA
$375,000
Marietta, GA
$180,000
Volusia County, FL
$149,900
Philadelphia County, PA
$250,000
Willowbrook, IL
$135,000
Available in Multiple Locations
$100,000
Houston, TX
$110,000
Brooklyn, NY
$180,005
Tarrant County, TX
$1,000,000
Suffolk County, NY
$4,000,000
Bronx, NY
$105,000
Derby, CT
$350,000
REAL ESTATE INCLUDED
Oklahoma County, OK
$1,300,000
Halndle Bch, FL
$98,500
Plano, TX
$300,000
Available Nationwide
$100,000
Bridgeport, CT
$235,000
Maryland
$4,500,000
Lakeland, FL
$240,000
Van Nuys, CA
$349,000
Available Nationwide
$125,000
Gwinnett County, GA
$370,000
Fort Worth, TX
$329,000
Hamilton County, OH
$350,000
REAL ESTATE INCLUDED
Crescent City, FL
$515,000
Denton County, TX
$1,500,000
Terry Tretta, PLLC
Azbusinessbroker.com American Realty Brokers
Serving Maricopa County, AZ
We Sell Businesses, We Sell Companies. Highly Trained Professional Business Brokerage. 100's of Businesses Sold. We have the experience and the required knowledge in every aspect, to complete the Sale of your Businesses or Company both large or small. Business Ownership, Operations, and Management, with over two decades of Operating, Owning, Selling, and Building numerous businesses in Arizona and the West Coast areas. Specialized in all areas of Business Selling and Transactions, Service, Retail, Manufacturing, Technology, Transportation, including Restaurants, Dry Cleaning, Auto Repair, and Laundromat facilities. We will get your Business Sold and we can help you find your next Business. Note: We do not keep our Sold listings current if they will affect sellers comps.
Baldwin County, AL
$597,000
Paterson, NJ
$3,500,000
Brooklyn, NY
$200,000
REAL ESTATE INCLUDED
Erie, PA
$750,000
Available in Multiple Locations
$100,000
Los Angeles, CA
$650,000
Marietta, GA
Cash Flow: $200,000
Bellmore, NY
$137,000
Jonesboro, GA
$350,000
Hialeah, FL
$2,000,000
Katy, TX
$65,000
Houston, TX
$1,050,000
REAL ESTATE INCLUDED
Suffolk County, NY
$1,900,000
Camarillo, CA
$240,000
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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