REAL ESTATE INCLUDED
Burney, CA
$350,000
REAL ESTATE INCLUDED
Burney, CA
$350,000
Los Angeles, CA
$325,000
Duarte, CA
$495,000
Los Angeles, CA
$1,700,000
Lynwood, CA
$225,000
Daly City, CA
$179,000
West Hollywood, CA
$330,000
Eagle Rock, CA
$670,000
Los Angeles, CA
$770,000
REAL ESTATE INCLUDED
Los Angeles County, CA
$7,500,000
Available Nationwide
$50,000
Inglewood, CA
$130,000
Ceres, CA
$650,000
$975,000
Santa Cruz County, CA
Los Angeles, CA
$1,120,000
Paramount, CA
Tyler Evans
So-Cal Business Brokers
Serving Los Angeles County, CA
Seller Representation Only! We represent sellers, not buyers, and have been doing it for over 30 years and have an outstanding 90+% Success Rate! We encourage you to spend time on our website ( www.so-calbusinessbrokers.com ) as it is our means of sharing a lot of vital information that can help you avoid mistakes and maximize your transaction. At a minimum, view and understand The Best Possible Transaction and The Sales Process and you will know more than 90% of the people who want to sell their businesses and a lot more than most business brokers. We concentrate our coverage in Southern California with a major emphasis on Orange County, San Diego County and Los Angeles County and we do not charge an ‘up-front’ fee. Many in this industry charge for valuations, industry reviews, ‘packaging’, expenses, etc. and our sole compensation is a Success Fee that is paid when your transaction closes —- in essence, we only get paid when you get paid and if we can’t sell your business at a price and upon terms acceptable to you, then you do not owe us a dime!
Los Angeles County, CA
$875,000
Los Angeles, CA
$180,000
Highland Park, CA
$115,000
San Francisco, CA
Moss Landing, CA
Available in California
$60,000
Los Angeles, CA
$2,980,000
Orange, CA
$180,000
$2,400,000
San Jose, CA
Los Angeles, CA
$2,950,000
Compton, CA
$3,000,000
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 California, and aggregated financial data to help both buyers and sellers evaluate individual businesses relative to market averages.
Market Overview
Number of Businesses Analyzed |
60 |
Median Asking Price |
$430,000 |
Median Reported Revenue |
$257,000 |
Median Reported Earnings |
$87,732 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
California Laundromat Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
1.51 |
4.54 |
Median |
1.87 |
5.45 |
Upper Quartile |
2.50 |
5.97 |
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 California?
The median asking price for laundromats analyzed is $430,000. 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 California earn?
Median annual laundromat sales are $257,000, and median reported earnings is $87,732. 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, California laundromat owners’ price their businesses at 1.51 to 2.50 times annual revenue, and 4.54 to 5.97 times annual earnings. The median revenue multiple is 1.87, and median earnings multiple is 5.45. This means the average California laundromat business is valued around 1.78 times its annual revenue, and 5.45 times its annual owner earnings.
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