New York, NY
$650,000

New York, NY
$650,000

Houston, TX
$895,000

Houston, TX
$979,000
Brooklyn, NY
$100,000
Brooklyn, NY
$370,000
Cape May County, NJ
$150,000
Delaware County, PA
$89,900
Lake Havasu City, AZ
$7,900,000
Los Angeles, CA
$325,000
Houston, TX
$339,000
Available in Multiple Locations
$500,000
Charles County, MD
$269,000
College Park, GA
$850,000
Vero Beach, FL
$299,999
Dallas County, TX
$190,000
Jamaica, NY
$455,000
Eric Michael
Keller Williams
Serving Oakland County, MI
The world leader in the marketing and sales of businesses, commercial real estate and real estate. Whether you represent an acquisition-minded corporation, or are personally interested in owning your own company, we offer the professional services that successfully bring buyers and sellers together.
Long Beach, CA
$1,200,000
Franklin County, OH
$499,000
West Palm Beach, FL
$1,500,000
Wayne County, MI
$315,000
Available in Multiple Locations
$75,000
Putnam County, NY
$450,000
Wayne County, MI
$315,000
Marietta, GA
$899,000
North Hollywood, CA
$195,000
Jamaica, NY
$1,750,000
REAL ESTATE INCLUDED
Murfreesboro, TN
$2,100,000
Brooklyn, NY
$1,599,000
Denton County, TX
$225,000
Brooklyn, NY
$450,000
Available in Multiple Locations
$65,000
Queens, NY
$415,000
New Haven, CT
$55,000
Brooklyn, NY
$100,000
New York County, NY
$650,000
Available in Multiple Locations
$50,000
Los Angeles, CA
$270,000
Inglewood, CA
$357,000
New Jersey
$500,000
Suffolk County, NY
$250,000
Houston, TX
$249,900
Midland County, TX
$1,200,000
Tempe, AZ
$2,350,000
REAL ESTATE INCLUDED
Buffalo, NY
$6,500,000
Steven Begin
Transworld Business Advisors
Serving Hartford County, CT
1. Uncertainty about the value of your business? 2. Not sure how to find the right buyer? - 3. Unsure how to prepare the business for sale? 4. Unsure how to deal with legal and financial issues during the business sale? 5. Having emotions around letting go? I am part of a huge network having over 40 years of experience in the industry with the largest M&A network of over 250 offices, and over 700 agents, represented in 18 countries and we are constantly growing. I help ensure a Smooth and safe business sale for Small Business Owners. In our database we have over 300,000 buyers who have inquired about buying a business. At the moment, we have more qualified buyers than we do sellers, which is why I am confident that we can find a qualified buyer for your business.
Union City, GA
$379,000
Available in Multiple Locations
$100,000
Pomona, CA
$247,000
Tampa, FL
$795,000
Old Lyme, CT
$60,000
Tampa, FL
$1,500,000
Ocean County, NJ
$295,000
Merced, CA
$1,700,000
Colorado Springs, CO
$399,000
Woodland Park, NJ
$3,750,000
Houston, TX
$1,600,000
Available in Multiple Locations
$60,000
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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