Pomona, CA
$247,000

Pomona, CA
$247,000

Merced, CA
$1,700,000

Azusa, CA
$395,000

Sylmar, CA
$450,000
Los Angeles County, CA
$468,000
Van Nuys, CA
$389,000
North Hollywood, CA
$595,000
Duarte, CA
$495,000
Lynwood, CA
$180,000
Santa Clara County, CA
$840,000
Available in California
$100,000
West Hollywood, CA
$330,000
Eagle Rock, CA
$670,000
$2,400,000
San Jose, CA
Los Angeles, CA
$770,000
REAL ESTATE INCLUDED
Los Angeles County, CA
$7,500,000
RAVI JAGTIANI
Ravi Jagtiani / Jagtiani Group with Intero Commercial
Serving San Mateo County, CA
In the Real Estate Industry since many years, having sold many types of businesses and being the top agent in the Child Care business in California.
California
$600,000
Inglewood, CA
$130,000
Ceres, CA
$650,000
Los Angeles, CA
$1,120,000
Paramount, CA
Not Disclosed
Available in California
$50,000
Los Angeles County, CA
$800,000
Los Angeles, CA
$180,000
Highland Park, CA
$115,000
Moss Landing, CA
Not Disclosed
Los Angeles, CA
$2,980,000
Orange, CA
$180,000
Los Angeles, CA
$2,950,000
Not Disclosed
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 California, and aggregated financial data to help both buyers and sellers evaluate individual businesses relative to market averages.
Market Overview
|
Number of Businesses Analyzed |
60 |
|
Median Asking Price |
$430,000 |
|
Median Reported Revenue |
$257,000 |
|
Median Reported Earnings |
$87,732 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
California Laundromat Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
1.51 |
4.54 |
|
Median |
1.87 |
5.45 |
|
Upper Quartile |
2.50 |
5.97 |
|
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 California?
The median asking price for laundromats analyzed is $430,000. 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 California earn?
Median annual laundromat sales are $257,000, and median reported earnings is $87,732. 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, California laundromat owners’ price their businesses at 1.51 to 2.50 times annual revenue, and 4.54 to 5.97 times annual earnings. The median revenue multiple is 1.87, and median earnings multiple is 5.45. This means the average California laundromat business is valued around 1.78 times its annual revenue, and 5.45 times its annual owner earnings.
for Business Buyers:
Set Up Alerts and Notifications
Business Buyer Learning Center
More for Business Sellers: