Philadelphia, PA
$1,020,023
Philadelphia, PA
$1,020,023
Los Angeles, CA
$1,700,000
Lynwood, CA
$225,000
Staten Island, NY
$450,000
Pierce County, WA
$1,500,000
Philadelphia, PA
$1,921,500
Denver, CO
$510,000
Philadelphia, PA
$1,799,999
Jacksonville, FL
$175,000
Daly City, CA
$179,000
Available in Multiple Locations
$50,000
Forest Hls, NY
$659,000
Denver, CO
$220,000
Brooklyn, NY
$650,000
REAL ESTATE INCLUDED
Worcester County, MA
$250,000
Inverness, FL
$480,000
Luke Billiot
Peakify Business Advisory
Serving Marion County, IN
At Peakify.co, we specialize in helping entrepreneurs achieve their dreams of buying, selling, and growing businesses. With a deep understanding of market dynamics, we provide tailored solutions that ensure seamless transactions and sustainable success for our clients. Our services include: - Business acquisition and sales advisory - Strategic valuation and market positioning - Comprehensive transition planning and operational support Backed by a team with years of expertise in business brokerage and consulting, Peakify.co is committed to delivering exceptional value and personalized guidance every step of the way. Whether you're looking to purchase your dream business, maximize the value of your existing enterprise, or prepare for the next chapter, we’re here to make it happen. Let Peakify.co be your trusted partner in business success.
Ocean County, NJ
$2,800,000
Georgetown County, SC
$125,000
Astoria, NY
$1,500,000
Norcross, GA
$970,000
Available Nationwide
$50,000
Miami, FL
$350,000
West Hollywood, CA
$330,000
Charleston County, SC
$895,000
Bronx, NY
$3,000,000
Jamaica, NY
$265,000
Prince George's County, MD
$300,000
Schoharie County, NY
$495,000
Dallas, TX
$650,000
Brooklyn, NY
$500,000
Available in Multiple Locations
$30,000
REAL ESTATE INCLUDED
Bronx, NY
$3,000,000
Poughkeepsie, NY
$180,000
Plymouth County, MA
$118,000
Eagle Rock, CA
$670,000
Available in Multiple Locations
$50,000
Los Angeles, CA
$770,000
Macomb County, MI
$199,000
Louisiana
$250,000
Boston, MA
$199,500
Philadelphia County, PA
$299,000
Philadelphia, PA
$2,990,000
East Meadow, NY
$390,000
Brooklyn, NY
$698,000
Akber Bhamani
Atlanta Communities
Serving Cobb County, GA
Atlanta Realty Gurus is a growing real estate company in Atlanta. We are specialized in residential, commercial - buying, selling and investments portfolio. Reach out to us for all your real estates need. We strongly believe in our slogan " Buy Smart Sell Fast"
Bronx County, NY
$898,000
Available Nationwide
$50,000
REAL ESTATE INCLUDED
Los Angeles County, CA
$7,500,000
Philadelphia, PA
$79,000
Bronx County, NY
$1,471,800
Fort Lauderdale, FL
$370,000
Miami, FL
$725,000
Bronx, NY
$3,709,380
Bronx, NY
$1,345,344
Bronx, NY
$1,400,000
Bronx, NY
$2,200,000
Available Nationwide
$50,000
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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