Westchester County, NY
$260,000

Westchester County, NY
$260,000

Long Beach, CA
$490,000

St. Petersburg, FL
$150,000
Passaic County, NJ
$450,000
Va Beach, VA
$225,000
Queens County, NY
$850,000
Los Angeles County, CA
$465,000
Smyrna, GA
$145,000
Tampa, FL
$129,000
New Brunswick, NJ
$150,000
Available Nationwide
$125,000
Bethany, OK
$750,000
Brooklyn, NY
$249,000
Stanislaus County, CA
$600,000
Houston County, AL
$130,000
Kevin Lease, MBA
Murphy Business Of Des Moines
Serving Polk County, IA
Murphy Business is one of the largest and most successful business brokerage firms in North America. Whether you desire to buy or sell a business, our conveniently located offices throughout the United States and Canada provide business broker expertise that accommodates the diverse needs of clientele in many business sectors. How we partner with Sellers At Murphy Business, we take the guesswork out of selling your business. Working closely with you at every stage of the sales process, we promise to help you attain the maximum sale price at an optimal profit. We start by gaining a complete understanding of your needs and desires. Then we come up with a strategic plan that includes a clear outline of our recommendations and associated costs to you. From devising a strategic marketing approach to researching qualified prospective buyers to valuing your business, to negotiating terms that make sense for you, we’re here every step of the way. Murphy Business will help you complete your sale quickly and efficiently, so you are completely happy with us, the process, and the results. How we partner with Buyers Accessing our expansive business network across North America, we can assist you in making productive connections with companies and organizations that meet your interests. You will appreciate our methodical, proven approach that starts by listening to you and your plans for business ownership. We promise to get your deal done swiftly and efficiently. We guide you through the purchasing process, all the while keeping you up to date on procedural and financial issues, and putting you in touch with the appropriate accounting, banking, legal, real estate and other business partners who can help you close the deal with the greatest ease. Murphy Track Record Since 1994, Murphy Business has established a steady track record of successful business transactions with high closing ratios. Over the years, we have earned the respect of thousands of buyers and sellers across North America. When you need sound advice, a strategic plan, and tactical implementation to buy or sell a business, call on Murphy Business. Contact us today to find out why we are the trusted business brokers of entrepreneurs across North America.
Houston, TX
$240,000
Fort Worth, TX
$400,000
Katy, TX
$295,000
Guilford, CT
$575,000
Boston, MA
$135,000
Available in Multiple Locations
$50,000
Lantana, FL
$500,000
Jenks, OK
$69,000
REAL ESTATE INCLUDED
Capitol Heights, MD
$3,500,000
Colorado
$476,000
Staten Island, NY
$980,000
Broward County, FL
Not Disclosed
Cash Flow: $140,000
REAL ESTATE INCLUDED
Minneapolis, MN
$2,400,000
Carson, CA
$895,000
Manhattan, NY
$975,000
Available in Multiple Locations
$50,000
Tarrant County, TX
$400,000
Las Vegas, NV
$599,990
Danbury, CT
$325,000
Nassau County, NY
$500,000
Available in Multiple Locations
$75,000
Vancouver, WA
$295,000
Windham, CT
$105,000
Essex County, NJ
$1,200,000
New York County, NY
$5,000,000
Houston, TX
$150,000
Charles
Action Realty Task Holdings, LLC.
Serving Orange County, CA
REAL ESTATE INCLUDED
Arlington, TX
$2,150,000
Dallas County, TX
$759,000
REAL ESTATE INCLUDED
Dallas County, TX
$1,000,000
Fresno, CA
$779,900
Available in Multiple Locations
$45,000
Harris County, TX
$1,100,000
Long Island City, NY
$278,000
Kingston, RI
$199,900
Tampa, FL
$2,100,000
Largo, FL
$995,000
Hampden County, MA
$649,000
Marion County, IN
$699,000
Suffolk County, NY
$350,000
Queens, NY
$285,000
Available Nationwide
$40,000
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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