Houston, TX
$350,000
Houston, TX
$350,000
Hampden County, MA
$649,000
Marion County, IN
$699,000
Suffolk County, NY
$350,000
Queens, NY
$285,000
Phoenix, AZ
$1,350,000
Cobb County, GA
$350,000
Dallas County, TX
$300,000
Woodside, NY
$5,750,000
Bronx, NY
$999,999
Available in Multiple Locations
$30,000
Chicago, MA
$904,900
Manteca, CA
$379,000
Hialeah, FL
$275,000
Queens, NY
$600,000
Aaron Pfeffer
First Choice Business Brokers LA
Serving Los Angeles County, CA
First Choice Business Brokers is one of the largest business sales organizations in the U.S., listing over $12 Billion in businesses for sale since our foundation in 1994. First Choice Business Brokers specializes in business sales across all industries with transaction sizes from approximately $50,000 to $50 million. First Choice Business Brokers assists business owners in selling their businesses by locating and matching them with a buyer and managing the entire sales process. Additionally, we also work with business buyers to find the right business that meets their purchase criteria. With several offices located throughout the U.S., we have sold thousands of businesses, of all types, confidentially and efficiently through our vast buyer networks.
Burbank, CA
$875,000
Kings County, NY
$200,000
Louisville, TN
$750,000
Montgomery, AL
$450,000
REAL ESTATE INCLUDED
Round Lake, IL
$595,000
Available Nationwide
$50,000
Bronx, NY
$1,400,000
Tarrant County, TX
$550,000
Brooklyn, NY
$125,000
Kings County, NY
$225,000
San Diego, CA
$375,000
Marietta, GA
$180,000
Volusia County, FL
$149,900
Philadelphia County, PA
$250,000
Willowbrook, IL
$135,000
Available in Multiple Locations
$50,000
Houston, TX
$110,000
Brooklyn, NY
$180,005
Tarrant County, TX
$1,000,000
Suffolk County, NY
$4,000,000
Available in Multiple Locations
$50,000
Bronx, NY
$105,000
Derby, CT
$350,000
REAL ESTATE INCLUDED
Oklahoma County, OK
$1,300,000
Halndle Bch, FL
$98,500
Plano, TX
$300,000
Eric Espinoza
GLB GROUP Inc.
Serving San Diego County, CA
Green Life Business Group, Inc. California's Largest Cannabis Business Brokerage now representing operators throughout the United States via Green Life Business' affiliate program.
Bridgeport, CT
$235,000
Maryland
$4,500,000
Lakeland, FL
$240,000
Van Nuys, CA
$349,000
Available Nationwide
$25,000
Gwinnett County, GA
$370,000
Fort Worth, TX
$329,000
Hamilton County, OH
$350,000
REAL ESTATE INCLUDED
Crescent City, FL
$515,000
Denton County, TX
$1,500,000
Baldwin County, AL
$597,000
Paterson, NJ
$3,500,000
Brooklyn, NY
$200,000
REAL ESTATE INCLUDED
Erie, PA
$750,000
Available in Multiple Locations
$60,000
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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