First Affiliate-Owned Unit - 2023 total revenue was $868,659 with $235,276 EBITDA (27%). Our laundromat business model will disrupt the growing but archaic laundromat industry by providing customers...
$575,000

First Affiliate-Owned Unit - 2023 total revenue was $868,659 with $235,276 EBITDA (27%). Our laundromat business model will disrupt the growing but archaic laundromat industry by providing customers...
$575,000
“If you are viewing this ad, you must have thought of operating a laundromat in some capacity. I know because I was in your shoes. Searching online at multiple businesses for sale websites to takeover...
$29,000
Affiliate Location: $2MM Average Annual Revenue - $818k Average Profit Average Truck Revenue: $422,915 Average Truck Profit: $162,333 Average Commercial Job Size: $5,316 Average Residential Job Size:...
$59,500

Kings County, NY
LISTING ID # 36575 This well-located laundromat in Kings County, New York, benefits from high visibility and foot traffic. The 1,620 sq. ft. space offers customers the flexibility of self-service...
$784,000
Cash Flow: $145,796
REAL ESTATE INCLUDED
Castleton-On-Hudson, NY
New well lit building with modern amenities and security. A local enterprise that neighbors treat as their own. Located in a good neighborhood that is still upcoming. Great school district and an easy...
$550,000
Montauk, NY
Core Commercial Location in Montauk – Positioned just below the traffic circle and only one block away from the beach, this 2,000sf single-story building sits on a 0.07-acre parcel in the heart of...
$600,000
Albany, NY
Here’s your chance to own a turnkey, profitable laundromat in a prime Albany location. This well-maintained business generates a steady monthly income of $6,000 to $8,000, entirely from self-service...
$120,000
Cash Flow: $38,000
Queens, NY
$515,000
Nassau County, NY
$105,000
Nassau County, NY
$1,100,000
Available in New York
$150,000
Westchester County, NY
$999,999
Brooklyn, NY
$185,000
Brooklyn, NY
$700,000
Brooklyn, NY
$795,000
Huntington Station, NY
$1,900,000
Gregory Carafello
First Choice Business Brokers of Manhattan
Serving Suffolk County, NY
Founded in 1994, First Choice Business Brokers is one of the largest Business Sales Organizations in the world, with multiple offices located throughout the U.S. listing over $7 billion worth of businesses. Our New York City office consists of 1 Principal, 3 Associates, and administrative personnel. In addition, we have a select team of professional service providers we can recommend that can provide legal, accounting, planning, financing and various other services. First Choice Business Brokers is a member in good standing with the Better Business Bureau (A+ Rating). The FCBB office is located in Manhattan which covers the entire New York and New Jersey Regions. The Principle Broker, Gregory J. Carafello, has over 38 years of extensive Business Ownership experience as a small to medium sized business owner since 1998.
Suffolk County, NY
$299,000
Astoria, NY
$195,000
Corona, NY
$75,000
Kings County, NY
$200,000
Bronx, NY
$1,250,000
Available in New York
$65,000
Forest Hills, NY
$110,000
Westchester County, NY
$115,000
REAL ESTATE INCLUDED
Buffalo, NY
$4,500,000
REAL ESTATE INCLUDED
Buffalo, NY
$2,500,000
Richmond County, NY
$425,000
Westchester County, NY
$260,000
Queens County, NY
$850,000
Brooklyn, NY
$249,000
Staten Island, NY
$980,000
Manhattan, NY
$975,000
Available in New York
$60,000
Nassau County, NY
$500,000
New York County, NY
$5,000,000
Long Island City, NY
$278,000
Suffolk County, NY
$350,000
Queens, NY
$285,000
Available Nationwide
$100,000
Woodside, NY
$5,750,000
Queens, NY
$600,000
Brooklyn, NY
$125,000
Suffolk County, NY
$4,000,000
Bronx, NY
$105,000
Rhonda Oc
Franchise Finder Consulting Firm
Serving Nassau County, NY
My company has been in franchising and business brokerage for over 25 years. We can make your dream
Brooklyn, NY
$200,000
Bellmore, NY
$137,000
Holbrook, NY
$375,000
Brooklyn, NY
$330,000
Levittown, NY
$250,000
Available Nationwide
$35,000
Brooklyn, NY
$375,000
New York, NY
$650,000
Brooklyn, NY
$100,000
Brooklyn, NY
$370,000
Jamaica, NY
$455,000
Available in New York
$150,000
Laundromats and coin laundry businesses are a popular investment option for entrepreneurs, with steady income potential and relatively low management costs. To help provide some context on the market, and provide some baseline valuation information, we have analyzed laundromat businesses listed for sale in New York, and aggregated financial data to help both buyers and sellers evaluate individual businesses relative to market averages.
Market Overview
|
Number of Businesses Analyzed |
80 |
|
Median Asking Price |
$565,000 |
|
Median Reported Revenue |
$405,810 |
|
Median Reported Earnings |
$149,600 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
New York Laundromat Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
1.11 |
3.38 |
|
Median |
1.50 |
4.27 |
|
Upper Quartile |
2.33 |
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 in New York?
The median asking price for laundromats analyzed is $565,000. However, the cost of purchasing a laundromat can vary significantly based on location, size, number of machines, and profitability.
How much do laundromat owners in New York earn?
Median annual laundromat sales are $405,810, and median reported earnings is $149,600. 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, New York laundromat owners’ price their businesses at 1.11 to 2.33 times annual revenue, and 3.38 to 5.50 times annual earnings. The median revenue multiple is 1.50, and median earnings multiple is 4.27. This means the average New York laundromat business is valued around 1.5 times its annual revenue, and 5.5 times its annual owner earnings.
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