Houston, TX
$105,000
Houston, TX
$105,000
Houston, TX
$380,000
Houston, TX
$195,000
Dallas County, TX
$190,000
San Antonio, TX
$1,249,000
Denton County, TX
$225,000
Dallas, TX
$499,000
Houston, TX
$249,900
Midland County, TX
$1,200,000
Houston, TX
$1,600,000
Available Nationwide
$50,000
La Porte, TX
$1,170,000
Midland County, TX
$1,000,000
Houston, TX
$415,000
Dallas, TX
$650,000
Browning Williams
First Choice Business Brokers
Serving Harris County, TX
We are the world's leading specialist in Business Sales and will continue to lead the way with innovative and creative systems to enable every entrepreneurial minded person to create and build the future, through business. At First Choice we regard our Business Brokers as our greatest asset. Every one of our agents have been professionally trained to provide unsurpassed transactional guidance to both buyers and sellers while understanding their individual needs. Our ability to deliver outstanding results for our clients starts with our team of knowledgeable experts. Our agents come from a diverse set of experiences and backgrounds but have one thing in common, that is to assist Buyers and Sellers in reaching their dreams either of Business ownership or exiting their business whether it be for retirement or other reasons. As unique as our agents are individually, we all share a mutual passion for doing excellent work for our clients. First Choice prides itself on our down to earth strategic integrated approach to the sale of businesses and the results it delivers. *****Experience the First Choice difference!*****
Houston, TX
$65,000
Houston, TX
$95,000
Austin, TX
$550,000
Houston, TX
$4,950,000
Bay City, TX
$258,000
Available in Texas
$60,000
Arlington, TX
$4,300,000
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 Texas, and aggregated financial data to help both buyers and sellers evaluate individual businesses relative to market averages.
Market Overview
Number of Businesses Analyzed |
38 |
Median Asking Price |
$386,250 |
Median Reported Revenue |
$270,310 |
Median Reported Earnings |
$84,983 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Texas Laundromat Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
1.16 |
3.23 |
Median |
1.83 |
4.90 |
Upper Quartile |
2.54 |
5.89 |
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 Texas?
The median asking price for laundromats analyzed is $386,250. 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 Texas earn?
Median annual laundromat sales are $270,310, and median reported earnings is $84,983. 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, Texas laundromat owners’ price their businesses at 1.16 to 2.54 times annual revenue, and 3.23 to 5.89 times annual earnings. The median revenue multiple is 1.83, and median earnings multiple is 4.90. This means the average Texas laundromat business is valued around 2 times its annual revenue, and 5.0 times its annual owner earnings.
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