Fort Worth, TX
$400,000
Fort Worth, TX
$400,000
Milford, CT
$575,000
Boston, MA
$135,000
Columbia County, OR
$120,000
Lantana, FL
$500,000
Jenks, OK
$69,000
REAL ESTATE INCLUDED
Capitol Heights, MD
$3,500,000
Bronx County, NY
$1,400,000
Colorado
$585,000
Staten Island, NY
$980,000
Available Nationwide
$25,000
Carson, CA
$895,000
REAL ESTATE INCLUDED
Los Angeles, CA
$7,100,000
$4,850,000
Manhattan, NY
$970,000
Manhattan, NY
$975,000
Chris Springfield, CBI, CM&AA, PMP
Springfield Strategies, LLC
Serving Fulton County, GA
Complimentary Valuations and Success Fee-Based Services. Deciding to sell the business you’ve worked so hard to build is a major event for most entrepreneurs. Understanding how to choose a qualified Intermediary is critical to a successful exit. At Springfield Strategies, we leverage our years of experience with confidential business sales to gather data on current market trends and analyze your key value drivers to get the maximum selling price for your business. From exit planning to the closing table, we have the expertise to guide you to a successful transaction. Our motto is Plan. Execute. Exit
Tarrant County, TX
$400,000
Brooklyn, NY
$825,000
Danbury, CT
$325,000
Nassau County, NY
$500,000
Harris County, TX
$285,000
Available Nationwide
$125,000
Chicago, IL
$600,000
Windham, CT
$105,000
$160,000
Charlotte, NC
$599,900
Essex County, NJ
$1,200,000
New York County, NY
$5,000,000
Houston, TX
$225,000
REAL ESTATE INCLUDED
Arlington, TX
$2,150,000
Dallas County, TX
$759,000
Houston, TX
$150,000
Available in Multiple Locations
$75,000
REAL ESTATE INCLUDED
Dallas County, TX
$1,000,000
Harris County, TX
$1,100,000
Charlotte County, FL
$250,000
Long Island City, NY
$278,000
Available Nationwide
$250,000
Suffolk County, NY
$299,000
Kings County, NY
$141,668
Kingston, RI
$199,900
Tampa, FL
$2,100,000
Tampa, FL
$750,000
Ken Neathery
Sunbelt Business Brokers
Serving Horry County, SC
Whether you are ready to sell your business or are looking to buy a business, Sunbelt of Myrtle Beach is the place for you. As a part of the largest business brokerage network in the world, Sunbelt of Myrtle Beach can guide you through the business sales process. Search our available businesses for sale in Myrtle Beach and surrounding areas by industry category or sale price. We specialize in serving the buyers and sellers of small business in the Myrtle Beach area. Our comprehensive services and resources provide professional guidance for business valuations, buyer financing and exit strategy and planning. Contact us today to discover why Sunbelt of Myrtle Beach is the place to go to buy or sell a business.
Largo, FL
$995,000
REAL ESTATE INCLUDED
Baker, MT
$500,000
Jonesboro, GA
$165,000
REAL ESTATE INCLUDED
Los Angeles County, CA
$8,000,000
Available in Multiple Locations
$30,000
Houston, TX
$350,000
Hampden County, MA
$649,000
Marion County, IN
$699,000
Suffolk County, NY
$350,000
Queens, NY
$285,000
Phoenix, AZ
$1,350,000
Cobb County, GA
$350,000
Dallas County, TX
$300,000
Woodside, NY
$5,750,000
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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