Macomb County, MI
This is a rare opportunity to acquire a recently developed, fully attended laundromat located in a desirable Metro Detroit market. Ownership invested more than $1.3 million into the development of the...
Commercial Laundry Businesses For Sale in Michigan
Established Laundromat | $1.3M Buildout | Macomb County, MI
Cash Flow: $97,756
Dry Cleaners W/ Alterations
Oakland County, MI
This is a great opportunity to own a long established, Dry-Cleaners in Oakland County. Established in 1968, this Cleaner is located on a highly traveled road surrounded by plenty of...
Cash Flow: $35,000
Prime loc. 9000sqft Asset: 420k Rev. LaundryBiz Turnaround Needed
Wayne County, MI
$154K Net Income | 24-Year Dry Cleaners & Coin Laundry
Wayne County, MI
222K SDE - Laundromat with Real Estate
Wayne County, MI
Dry Cleaners w/ Alterations
Oakland County, MI
Dry Cleaners
Oakland County, MI
Dry Cleaners
Oakland County, MI
Dry Cleaners
Oakland County, MI
Dry Cleaners
Oakland County, MI
Canine Dimensions In-home Dog Training
Franchise
Available in Michigan
Dry Cleaners
Oakland County, MI
Dry Cleaners
Oakland County, MI
Buy or Sell a Commercial Laundry Business in Michigan
Commercial laundry businesses listed for sale on BizBuySell are service oriented laundry operations that cater to both consumers and commercial clients, including wash and fold and pickup and delivery services, dry cleaning plants, and linen and uniform rental businesses. These businesses typically operate on a volume driven, recurring use model, generating revenue from per pound wash and fold pricing, long term commercial accounts (hotels, restaurants, medical offices), and rental or route based services, often with semi absentee or low labor operations. Business buyers look for utility like, recession resistant businesses where profitability is driven by location density, equipment efficiency, and repeat demand, rather than discretionary consumer spending.
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 10 |
| Asking Price | $220,000 |
| Reported Revenue | $246,632 |
| Reported Seller's Discretionary Earnings | $100,000 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
For more in-depth sales and profitability data see:
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $125,000 | $220,000 | $315,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Commercial Laundry Businesses for sale in Michigan.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $170,000 | $88,189 |
| Median | $246,632 | $100,000 |
| Upper Quartile | $340,000 | $188,500 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Commercial Laundry Businesses listed for sale in Michigan.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.79 | 1.58 |
| Median | 0.85 | 1.85 |
| Upper Quartile | 0.93 | 2.14 |
FAQ's
How much does it cost to buy a Commercial Laundry Business in Michigan?
The median asking price for an established Commercial Laundry Business in Michigan is $220,000, though prices range from under $125,000 to well over $315,000.
How much do Commercial Laundry Businesses owners in Michigan earn?
The median reported revenue of Commercial Laundry Businesses in Michigan is $246,632 and owners earn a median of $100,000, which includes the owners salary and any other financial benefits they receive.
How do I value a Commercial Laundry Business?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Commercial Laundry Businesses in Michigan, revenue multiples range from 0.79 to 0.93, with a median of 0.85. Earning multiples range from 1.58 to 2.14, with the median at 1.85. This means the typical Commercial Laundry Business in Michigan may ask for around 0.85 times its annual revenue, and 1.85 times its annual owner earnings.
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