Dallas County, TX
$190,000
Dallas County, TX
$190,000
Jamaica, NY
$455,000
Long Beach, CA
$1,200,000
Franklin County, OH
$499,000
West Palm Beach, FL
$1,500,000
San Antonio, TX
$1,249,000
Wayne County, MI
$315,000
Putnam County, NY
$450,000
Wayne County, MI
$315,000
Pennsylvania
$575,000
Available Nationwide
$85,000
Marietta, GA
$899,000
North Hollywood, CA
$195,000
Los Angeles County, CA
$295,000
Jamaica, NY
$1,750,000
Dallas County, TX
$599,000
Richard Kim | VANGUARD COMMERCIAL
EXCLUSIVE BUSINESS BROKER | CABB
Serving San Francisco County, CA
We bring extensive market knowledge and expertise to the table. To this end, we are leveraging the strengths of each business opportunity and achieving synergies across the table to establish an unparalleled client experience. Our Team is comprised of driven Business Brokers who draw effectively on their expertise and are continually going beyond the conventional framework of the business opportunities sector. We bring decades of disciplined and results driven experience to the table. Throughout our more than 10 years in the business opportunities sector, our Principles have always been the same, "putting the client first." We possess an unwavering commitment to, “Deliver the highest degree of customer satisfaction for our clients.”
REAL ESTATE INCLUDED
Murfreesboro, TN
$2,300,000
Buena Park, CA
$125,000
Brooklyn, NY
$1,599,000
Denton County, TX
$225,000
Available in Multiple Locations
$200,000
Brooklyn, NY
$450,000
Queens, NY
$435,000
New Haven, CT
$55,000
Brooklyn, NY
$100,000
New York County, NY
$850,000
Baltimore County, MD
$700,000
New York County, NY
$650,000
Jefferson County, LA
$258,497
Los Angeles, CA
$320,000
Available in Multiple Locations
$50,000
Inglewood, CA
$375,000
Carmichael, CA
$791,500
Dallas, TX
$499,000
New Jersey
$500,000
Available in Multiple Locations
$45,000
Suffolk County, NY
$250,000
Buford, GA
$380,000
Houston, TX
$249,900
Los Angeles County, CA
$465,000
Midland County, TX
$1,200,000
Tempe, AZ
$2,350,000
REAL ESTATE INCLUDED
Buffalo, NY
$6,500,000
Union City, GA
$385,000
Gregg Tobin
Gateway Business Sales
Serving Los Angeles County, CA
Gateway Business Sales (GBS) team of professionals and advisors have over 75 years combined experience in Mergers & Acquisitions and have successfully closed 600 + transactions in a wide range of industries. GBS has secure affiliations with investment banking firms and business advisory groups, which broadens our offerings to include mergers, acquisitions, and related consulting services for privately held companies. GBS has intermediaries that serve businesses with an enterprise value from $1 million to $20 million and have advisors and team members with experience and a track record of selling companies valued above $20 million. Our performance and results show this is more than rhetoric, as 75% of our engagements come from referrals from satisfied clients, CPA’s, Attorney’s, Financial Advisors, and Investment Bankers. GBS will develop a customized sales and marketing strategy to drive optimal results. While each client and business may be unique, we utilize our resources and experience to create demand for your business.
Pomona, CA
$247,000
Available in Multiple Locations
$50,000
Tampa, FL
$900,000
Old Lyme, CT
$60,000
Philadelphia, PA
$1,365,000
REAL ESTATE INCLUDED
Corning, NY
$115,000
Tampa, FL
$1,500,000
Ocean County, NJ
$295,000
Colorado Springs, CO
$399,000
Evergreen, CO
$72,000
Ocean County, NJ
$160,000
Available Nationwide
$30,000
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:
More for Business Buyers:
Set Up Alerts and Notifications
Business Buyer Learning Center
More for Business Sellers: