“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
“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
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
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
Bronx, NY
Busy laundromat for sale 1 year old equipment still under warranty low rent good credit required for landlords approval...
$2,550,000
Nassau County, NY
$1,100,000
Nassau County, NY
$105,000
Westchester County, NY
$999,999
Brooklyn, NY
$375,000
Bronx County, NY
$2,999,999
Brooklyn, NY
$319,000
Available Nationwide
$105,000
Bronx County, NY
$999,999
Bronx County, NY
$1,400,000
Staten Island, NY
$980,000
Manhattan, NY
$970,000
Manhattan, NY
$975,000
East Coast Business Brokers LLC
East Coast Business Brokers
Serving New York County, NY
631-271-1731
Brooklyn, NY
$825,000
Nassau County, NY
$500,000
New York County, NY
$5,000,000
Long Island City, NY
$278,000
Suffolk County, NY
$299,000
Available in New York
$75,000
Kings County, NY
$141,668
Suffolk County, NY
$350,000
Queens, NY
$285,000
Woodside, NY
$5,750,000
Bronx, NY
$999,999
Queens, NY
$600,000
Kings County, NY
$200,000
Bronx, NY
$1,400,000
Brooklyn, NY
$125,000
Kings County, NY
$225,000
Available Nationwide
$25,000
Brooklyn, NY
$180,005
Suffolk County, NY
$4,000,000
Bronx, NY
$105,000
Brooklyn, NY
$200,000
Bellmore, NY
$137,000
Available in New York
$100,000
REAL ESTATE INCLUDED
Suffolk County, NY
$1,900,000
Bronx, NY
$1,450,000
Holbrook, NY
$375,000
Brooklyn, NY
$330,000
Levittown, NY
$250,000
Brian Elkin
Elkin & Lee Realty & Business Advisors
Serving New York County, NY
Elkin & Lee Business and Realty Advisors is a boutique agency concentrating on businesses ranging in sales from $500,000 to $20 million. The company has extensive business relationships with small business owners, entrepreneurs, investors, developers, business and real estate brokers throughout the Tri-State area. Our listings on BROKERWORKS/BIZBUYSELL represent only a small selection of our excellent and exclusive business opportunities in many different industries and cater to buyers with all levels of available funds. All listings are supported with financial information that is fully verifiable. We currently represent over 100 businesses that offer an excellent return on investment for qualified buyers. This inventory is coupled with our excellent banking connections allowing us to help facilitate SBA Loans for qualified buyers. We handle all your paperwork. Elkin & Lee Business and Realty Advisors proudly represents both buyers and sellers, who put their trust in us to best represent their business and interests. Call or email us today to find a business for you or to discuss selling your business. Elkin & Lee Business and Realty Advisors, we work to help you secure your future.
Brooklyn, NY
$375,000
New York, NY
$650,000
Brooklyn, NY
$100,000
Brooklyn, NY
$370,000
Jamaica, NY
$455,000
Available Nationwide
$50,000
Putnam County, NY
$450,000
Jamaica, NY
$1,750,000
Brooklyn, NY
$1,599,000
Brooklyn, NY
$450,000
Queens, NY
$435,000
Available in New York
$200,000
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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