Bronx, NY
$2,200,000
Bronx, NY
$2,200,000
Bronx, NY
$1,400,000
Bronx, NY
$1,345,344
“If you are viewing this ad, you must have thought of operating a laundromat in some capacity. I know because I was in your shoes. Searching online at multiple businesses for sale websites to takeover...
$29,000
Homestead, FL
$285,000
Fort Lauderdale, FL
$370,000
REAL ESTATE INCLUDED
Baker, MT
$500,000
REAL ESTATE INCLUDED
Los Angeles County, CA
$7,500,000
Bronx County, NY
$898,000
Brooklyn, NY
$698,000
Available in Multiple Locations
$100,000
East Meadow, NY
$390,000
Philadelphia, PA
$2,990,000
$150,000
Boston, MA
$199,500
Los Angeles, CA
$770,000
Mark Smith
Summit Business Advisors
Serving Nevada County, CA
Established in 2008, Summit Business Advisors serves the High Sierra Business Communities from Lake Tahoe to Lake Almanor, CA. Mark Smith, Broker and Founder has over 40 years of experience working with businesses throughout the Western US. and is a 15 year member of the International Business and California Business Broker Associations. If you are an owner looking to exit and sell your business or a buyer looking to purchase a business, Summit has the track record and experience to assist you. We specialize in businesses in the Retail, Wholesale, Distribution, Manufacturing or Transportation sectors with sales between $1,000,000 to $20,000,000 and EBITDA of $100,000 or greater.
Poughkeepsie, NY
$150,000
Los Angeles, CA
$2,950,000
Brooklyn, NY
$599,000
Dallas, TX
$650,000
Staten Island, NY
$475,000
Available in Multiple Locations
$50,000
First Affiliate-Owned Unit - 2023 total revenue was $868,659 with $235,276 EBITDA (27%). Our laundromat business model will disrupt the growing but archaic laundromat industry by providing customers...
$575,000
Brooklyn, NY
$500,000
Orange, TX
$1,250,000
REAL ESTATE INCLUDED
Buffalo, NY
$6,500,000
Charles County, MD
$269,000
*Earning Potential $2,186,050 – Annual Revenue $807,443- EBITDA 36.9% – EBITDA Margin $422,107 – Per Full Time Service Vehicle Revenue $154,776 – Per Full Time Service Vehicle EBITDA $5,885 – Average...
$59,500
REAL ESTATE INCLUDED
Reading, PA
$4,000,000
Denton County, TX
I'm looking for a partner in my state of the art retail laundry facility. We are operating a beta version of our facility now and would like a partner to help accelerate growth and traction. This is a...
$250,000
Orange, CA
$180,000
Galveston County, TX
Clean, well-maintained, self-service laundromat located in the heart of Galveston, TX. Known for its spotless facility, modern equipment, and friendly neighborhood feel, the laundromat offers...
$995,000
EBITDA: $251,000
Available in Multiple Locations
Unlimited Sales and Earning Potential, Easy Steps to Ownership, Recognized as the #1 best home inspection company from coast-to-coast by both BobVila™ and Forbes Advisor for three years running.
$30,000
See More FranchisesJamaica, NY
$265,000
Miami, FL
$350,000
West Hollywood, CA
$330,000
Norcross, GA
$850,000
Astoria, NY
$1,300,000
Available in Multiple Locations
$30,000
Georgetown County, SC
$125,000
Ocean County, NJ
$2,800,000
Carver County, MN
This business is an established residential and commercial coin operated and laundry business located in the SW metro area. Selling business only. This business has wash, dry and fold service as well...
$595,000
Cash Flow: $93,156
REAL ESTATE INCLUDED
Worcester County, MA
$250,000
Forest Hls, NY
$659,000
Linda Wagner
Gateway Consulting Group LLC
Serving Mecklenburg County, NC
Linda Wagner is an accomplished Sales, Marketing, Product Development executive and successful small business entrepreneur with demonstrated ability to foster innovation, drive change and achieve results in complex and dynamic environments. Having most recently served as a Field Sales Leader for Allstate where she earned Key Leader award, she also built a full service, highly decorated and award-winning exclusive Allstate insurance Agency. During her tenure as an exclusive agency owner, Linda was a member of the Midwest Region Advisory Council, earning Inner Circle Elite, Circle of Champions, National Conference, Honor Ring, Closers Club, and earned Premier Agency status for many years. Prior to her journey with Allstate, Linda worked for prestigious companies including Citigroup, JP Morgan Chase, and General Electric, where she delivered consistent profits, while employing cost containment strategies and dynamic risk management techniques. Linda’s specialties include product development, sales and marketing, as well as merger and acquisition due diligence and analysis.
Jacksonville, FL
$175,000
Philadelphia, PA
$1,799,999
Philadelphia, PA
$1,921,500
Pierce County, WA
$1,500,000
Staten Island, NY
$440,000
Available in Multiple Locations
$150,000
Sacramento, CA
You might consider buying The Freeport Car Wash - 2955 Freeport Blvd. Sacramento, CA 95818. The owners will sell the car wash and rent the land back to the buyer for $2000.00 a month. Lease and...
$399,000
Clay County, FL
$2,500,000
Lynwood, CA
$180,000
Philadelphia, PA
$1,020,023
Los Angeles, CA
$2,980,000
Available in Multiple Locations
$65,000
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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