Lynwood, CA
$225,000
Lynwood, CA
$225,000
Staten Island, NY
$440,000
Santa Clara County, CA
$840,000
Pierce County, WA
$1,500,000
Philadelphia, PA
$1,921,500
Denver, CO
$510,000
Philadelphia, PA
$1,799,999
Jacksonville, FL
$175,000
Daly City, CA
$179,000
Forest Hls, NY
$659,000
Available in Multiple Locations
$200,000
Denver, CO
$220,000
REAL ESTATE INCLUDED
Worcester County, MA
$250,000
Inverness, FL
$480,000
Ocean County, NJ
$2,800,000
Georgetown County, SC
$125,000
Rick Rayl, CBB, CBI
Transworld Business Advisors Coachella Valley
Serving Riverside County, CA
In today’s economy, there are more people looking to buy and sell businesses than ever before. When a company owner needs to sell their business, they can’t just stick a for sale sign in the window. They need the assistance of a business broker to locate and vet potential buyers. On the other side, buyers rely on the broker to help facilitate the process of evaluating potential businesses and franchises for sale. A Transworld Business Advisor is the solution for both scenarios. Transworld Business Advisors focus on three core concepts: business brokerage, franchise consulting and franchise development. The History Of Transworld Business Advisors Established in 1979, Transworld Business Advisors was originally founded in South Florida by Don (a 30 year IBM executive) and his wife Bonnie Parrish. It quickly grew to the largest business brokerage in the U.S. Although the company was thriving, CEO Andrew Cagnetta envisioned even more growth. It wasn’t long before United Franchise Group CEO Ray Titus and Cagnetta teamed up to form a partnership and offer Transworld Business Advisors as a franchise. With over 25 years in franchising, Ray provided the leadership under United Franchise Group, which is home to award winning franchises such as Signarama, Fully Promoted (formally EmbroidMe), Experimac, SuperGreen Solutions, VentureX, and Jon Smith Subs. Andy provided the business brokerage industry experience. Their symbiotic relationship helped grow the Transworld franchise into more than 100 franchisees around the world. Transworld Business Advisors is headquartered in West Palm Beach, Florida. Our state of the art training facility has helped thousands of entrepreneurs achieve their dream of business ownership. Transworld Business Advisors Today For over thirty-five years, Transworld has specialized in the sale of businesses and commercial real estate. Today Transworld Business Advisors is a global network of brokers offering a turnkey solution for those that want to build a solid business and future for themselves while maintaining a balanced quality of life. With our comprehensive training programs, full marketing support, and local field support, you won’t have to start from scratch. Our trained experts and mentors will help you every step of the way. Awards And Recognition Logos of Awards Transworld Business Advisors has been awarded several accolades including: Entrepreneur’s Franchise 500 2014 and their special categories for top home-based and fastest growing franchise systems Ernst & Young Entrepreneur of the Year Entrepreneur Magazine’s 2013 Fastest Growing Franchise Franchise Times 200 Transworld Allegiances International Business Brokers Association, Inc. International Franchise Association
Astoria, NY
$1,300,000
Norcross, GA
$970,000
West Hollywood, CA
$330,000
Charleston County, SC
$895,000
Available in Multiple Locations
$50,000
Bronx, NY
$3,000,000
Jamaica, NY
$265,000
Prince George's County, MD
$300,000
Schoharie County, NY
$495,000
Dallas, TX
$650,000
Brooklyn, NY
$500,000
REAL ESTATE INCLUDED
Bronx, NY
$3,000,000
Poughkeepsie, NY
$180,000
Plymouth County, MA
$118,000
Available in Multiple Locations
$60,000
Eagle Rock, CA
$670,000
Los Angeles, CA
$770,000
Macomb County, MI
$199,000
Louisiana
$250,000
Available in Multiple Locations
$250,000
Boston, MA
$199,500
Philadelphia County, PA
$299,000
Philadelphia, PA
$2,990,000
East Meadow, NY
$390,000
Brooklyn, NY
$698,000
Bronx County, NY
$898,000
REAL ESTATE INCLUDED
Los Angeles County, CA
$7,500,000
Philadelphia, PA
$79,000
Michael Couture
Couture Company
Serving Polk County, IA
Couture Company has provided business consulting since the 1980s. Presently, engaged in Franchise Consulting and Business Brokerage. As such, it is focused on resales of existing businesses, including resales of Franchise businesses. In addition, it offers new franchises and represents about 300 of the best Franchises in the industry. This is based on the Franchisors being well-managed, with stable funding, and with excellent relations between Franchisor and Franchisees. Our mission is to assist buyers to discern the best business for them with honor and integrity. Our goal is to guide buyers through the Discovery Process by providing clarity and understanding. We want our clients to make informed decisions, so they can achieve their financial and lifestyle goals.
Bronx County, NY
$1,471,800
Available Nationwide
$60,000
Fort Lauderdale, FL
$370,000
Miami, FL
$725,000
Bronx, NY
$3,709,380
Bronx, NY
$1,345,344
Bronx, NY
$1,400,000
Bronx, NY
$2,200,000
Houston, TX
$65,000
Chicago, IL
$625,000
Chicago, IL
$625,000
Available Nationwide
$50,000
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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