Los Angeles, CA
$550,000
Los Angeles, CA
$550,000
Houston County, AL
$130,000
Houston, TX
$240,000
Fort Worth, TX
$400,000
Katy, TX
$275,000
Milford, CT
$575,000
Boston, MA
$135,000
Lantana, FL
$500,000
Jenks, OK
$69,000
REAL ESTATE INCLUDED
Capitol Heights, MD
$3,500,000
Available in Multiple Locations
$50,000
Bronx County, NY
$1,400,000
Colorado
$585,000
$695,000
Essex County, MA
Staten Island, NY
$980,000
Carson, CA
$895,000
Joe Braier
Lake Country Advisors
Serving Milwaukee County, WI
Experienced staff, professional packaging of your business to secure highest return - we help you leverage value up getting the maximum amount of money for your business. Confidential, Discreet Sales. WE'RE HIRING: .Want to buy a business but haven’t come across the right opportunity yet? This is your opportunity to help facilitate transactions between buyers and sellers of privately-held businesses. Most brokers leave the business brokerage industry because they find a business to buy. Responsibilities include evaluating businesses, creating marketing packages and selling business opportunities to buyers. Significant support and leads provided. Compensation is 100% commission. Email resume to Destiny Wallen at Destiny@lakecountryadvisors.com https://lakecountryadvisors.com/
REAL ESTATE INCLUDED
Los Angeles, CA
$7,100,000
Manhattan, NY
$970,000
Manhattan, NY
$975,000
Tarrant County, TX
$400,000
Brooklyn, NY
$825,000
Available in Multiple Locations
$60,000
Danbury, CT
$325,000
Nassau County, NY
$500,000
$2,400,000
San Jose, CA
Harris County, TX
$285,000
Chicago, IL
$600,000
Windham, CT
$105,000
Charlotte, NC
$599,900
Essex County, NJ
$1,200,000
New York County, NY
$5,000,000
Houston, TX
$225,000
Available Nationwide
$25,000
REAL ESTATE INCLUDED
Arlington, TX
$2,150,000
Dallas County, TX
$759,000
$160,000
Houston, TX
$150,000
REAL ESTATE INCLUDED
Dallas County, TX
$1,000,000
Available in Multiple Locations
$75,000
Fresno, CA
$779,900
Harris County, TX
$1,100,000
Mesa, AZ
$397,000
Charlotte County, FL
$250,000
Long Island City, NY
$278,000
Chris Cole, JD, CCIM
Lorimont Business Advisors
Serving Cape Girardeau County, MO
Chris Cole, a Missouri licensed attorney and commercial real estate broker, has been through extensive mergers and acquisitions (M&A) training, learning the business of brokering M&A deals and executing business transitions. As a practicing attorney, Chris had already handled a number of small-to-lower middle market M&A transactions for his clients, including stock acquisitions, asset purchases, and corporate reorganizations and recapitalizations. Cole has also been involved in a number of business acquisitions on his own behalf, both stock and asset purchases. Through his prior experience as an attorney and his M&A training, Cole has developed his own procedures, materials, and support services needed to make the M&A process go smoothly. We are now proud to offer these services through Lorimont Business Advisors.
Kings County, NY
$141,668
Kingston, RI
$199,900
Tampa, FL
$2,100,000
Tampa, FL
$750,000
Available Nationwide
$250,000
Largo, FL
$995,000
REAL ESTATE INCLUDED
Baker, MT
$500,000
Jonesboro, GA
$165,000
REAL ESTATE INCLUDED
Los Angeles County, CA
$8,000,000
Houston, TX
$350,000
Hampden County, MA
$649,000
Marion County, IN
$699,000
Suffolk County, NY
$350,000
Queens, NY
$285,000
Available in Multiple Locations
$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:
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