Bronx, NY
$1,345,344
Laundromats and Coin Laundry Established Businesses For Sale
Buy or Sell a Laundromat and Coin Laundry Business
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 170 |
| Median Asking Price | $495,000 |
| Median Reported Revenue | $300,000 |
| Median Reported Seller's Discretionary Earnings | $98,371 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $250,000 | $495,000 | $893,475 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Laundromats and Coin Laundry Businesses for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $178,197 | $57,250 |
| Median | $300,000 | $98,371 |
| Upper Quartile | $484,500 | $169,500 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Laundromats and Coin Laundry Businesses listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 1.23 | 3.88 |
| Median | 1.72 | 4.78 |
| Upper Quartile | 2.34 | 6.03 |
| Find out what these types of businesses actually sell for with a BizBuySell Valuation Report | ||
FAQ's
How much does it cost to buy a Laundromat and Coin Laundry Business?
The median asking price for an established Laundromat and Coin Laundry Business is $495,000, though prices range from under $250,000 to well over $893,475.
How much do Laundromats and Coin Laundry Businesses owners earn?
The median reported revenue of Laundromats and Coin Laundry Businesses is $300,000 and owners earn a median of $98,371, which includes the owners salary and any other financial benefits they receive.
How do I value a Laundromat and Coin Laundry Business?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Laundromats and Coin Laundry Businesses, revenue multiples range from 1.23 to 2.34, with a median of 1.72. Earning multiples range from 3.88 to 6.03, with the median at 4.78. This means the typical Laundromat and Coin Laundry Business may ask for around 1.72 times its annual revenue, and 4.78 times its annual owner earnings.
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