Queens, NY
$600,000

Queens, NY
$600,000

Burbank, CA
$875,000

Louisville, TN
$750,000

Montgomery, AL
$450,000
Tarrant County, TX
$550,000
Brooklyn, NY
$125,000
San Diego, CA
$375,000
Marietta, GA
$180,000
Volusia County, FL
$149,900
Chicago, IL
$175,000
Available in Multiple Locations
$50,000
Willowbrook, IL
$135,000
Suffolk County, NY
$4,000,000
Bronx, NY
$105,000
REAL ESTATE INCLUDED
Oklahoma County, OK
$1,300,000
TJ Bunday - Broker & Franchise Resales
Brooks Pointe, Corporation
Serving Wake County, NC
tj@brookspointe.com Raleigh, NC - 919.424.6080 Richmond, VA - 804.214.6502 Chicago, IL - 312.248.3786 Houston, TX - 346.251.0016 www.brookspointe.com IBBA Member CVBBA Member Clayton Chamber of Commerce Member - web.claytonchamber.com/atlas/directory/category/business-&-professional-services/Brooks-Pointe-Corporation-2322
Halndle Bch, FL
$98,500
Plano, TX
$300,000
Bridgeport, CT
$235,000
Van Nuys, CA
$349,000
South Milwaukee, WI
$325,000
Available in Multiple Locations
$50,000
Gwinnett County, GA
$370,000
Fort Worth, TX
$329,000
Denton County, TX
$1,500,000
Baldwin County, AL
$597,000
Paterson, NJ
$3,500,000
Brooklyn, NY
$200,000
REAL ESTATE INCLUDED
Erie, PA
$750,000
Los Angeles, CA
$650,000
Marietta, GA
Not Disclosed
Cash Flow: $200,000
Available in Multiple Locations
$110,000
Bellmore, NY
$137,000
Jonesboro, GA
$350,000
Katy, TX
$65,000
Houston, TX
$1,050,000
Available in Multiple Locations
$100,000
Houston, TX
$275,000
Holbrook, NY
$375,000
REAL ESTATE INCLUDED
Murfreesboro, TN
$999,000
Brooklyn, NY
$330,000
Stone Mountain, GA
$585,000
Oakland, CA
$563,000
Woodland, CA
$350,000
Lisa Manifold
The Agency
Serving Orange County, CA
Our mission is to be the guiding force in facilitating seamless business transactions, specializing in the sale and acquisition of enterprises. We are dedicated to empowering individuals and organizations as they navigate the intricate landscape of buying and selling businesses. Our commitment extends beyond traditional brokerage services, encompassing a comprehensive suite of management, business, and tech solutions to ensure our clients not only achieve their transactional goals but also thrive in the ever-evolving business environment.
Campbell, CA
$289,900
Philadelphia, PA
$1,000,000
Available in Multiple Locations
$250,000
Levittown, NY
$250,000
Clearwater, FL
$350,000
REAL ESTATE INCLUDED
Lake County, FL
$1,895,000
Lakeland, FL
$530,000
El Monte, CA
$205,000
Denver, CO
$650,000
Houston, TX
$350,000
Brooklyn, NY
$375,000
Lakewood, CO
$900,000
Available in Multiple Locations
$100,000
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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