New York, NY
Laundromats and Coin Laundry Established Businesses For Sale
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Buy or Sell a Laundromat and Coin Laundry Business
Laundromats and coin laundry businesses listed on BizBuySell include self-service laundromats, wash-and-fold operations, pickup and delivery laundry services, and hybrid models with dry cleaning or vending components. These businesses typically generate recurring revenue through coin-operated or card-based machines, drop-off laundry services, and ancillary income from vending, ATMs, or retail sales. Many listings feature high-traffic locations, low labor requirements, and automated systems that support semi-absentee ownership. Some operations also include real estate, updated equipment, or long-term leases—offering buyers steady cash flow and scalability in the recession-resistant laundry services market.
| Market Overview | Listings for Sale (Median) | Total Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 176 | 7,412 |
| Asking Price | $525,000 | - |
| Reported Revenue | $320,040 | $645,121 |
| Reported Seller's Discretionary Earnings | $120,000 | $77,415 |
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 |
|---|---|---|
| $285,000 | $525,000 | $950,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Laundromats and Coin Laundry Businesses for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $219,000 | $60,500 |
| Median | $320,040 | $120,000 |
| Upper Quartile | $510,750 | $212,250 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Laundromats and Coin Laundry Businesses listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 1.13 | 3.38 |
| Median | 1.61 | 4.45 |
| Upper Quartile | 2.33 | 6.02 |
FAQ's
How much does it cost to buy a Laundromat and Coin Laundry Business?
The median asking price for an established Laundromat and Coin Laundry Business is $525,000, though prices range from under $285,000 to well over $950,000.
How much do Laundromats and Coin Laundry Businesses owners earn?
The median reported revenue of Laundromats and Coin Laundry Businesses is $320,040 and owners earn a median of $120,000, which includes the owners salary and any other financial benefits they receive.
How do I value a Laundromat and Coin 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 Laundromats and Coin Laundry Businesses, revenue multiples range from 1.13 to 2.33, with a median of 1.61. Earning multiples range from 3.38 to 6.02, with the median at 4.45. This means the typical Laundromat and Coin Laundry Business may ask for around 1.61 times its annual revenue, and 4.45 times its annual owner earnings.
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