“If you are viewing this ad, you must have thought of operating a laundromat in some capacity. I know because I was in your shoes. Searching online at multiple businesses for sale websites to takeover...
$29,000
“If you are viewing this ad, you must have thought of operating a laundromat in some capacity. I know because I was in your shoes. Searching online at multiple businesses for sale websites to takeover...
$29,000
First Affiliate-Owned Unit - 2023 total revenue was $868,659 with $235,276 EBITDA (27%). Our laundromat business model will disrupt the growing but archaic laundromat industry by providing customers...
$575,000
REAL ESTATE INCLUDED
Castleton-On-Hudson, NY
New well lit building with modern amenities and security. A local enterprise that neighbors treat as their own. Located in a good neighborhood that is still upcoming. Great school district and an easy...
$550,000
Bronx, NY
Busy laundromat for sale 1 year old equipment still under warranty low rent good credit required for landlords approval...
$2,550,000
Nassau County, NY
$1,100,000
Nassau County, NY
$105,000
Westchester County, NY
$999,999
Brooklyn, NY
$375,000
Bronx County, NY
$2,999,999
Brooklyn, NY
$319,000
Available in New York
$150,000
Bronx County, NY
$999,999
Bronx County, NY
$1,400,000
Staten Island, NY
$980,000
Manhattan, NY
$970,000
Manhattan, NY
$975,000
Bilal Khaliq,CBB.
Empire Global Business Brokers
Serving Nassau County, NY
Join Our Empire Conglomerate of Companies. At Empire GLOBAL Business Brokers you will work and serve people & organizations from multiple industries & walks of life. Advantages of owning an Empire Trademark Licensed office is rewarding & unprecedented in the short history of the business brokerage industry. Working with Bankers , financial professionals , Attorneys , Franchisor , Commercial loan brokers & different high level executives make for an honorable successful career & Business Brokerage practice. Other advantages of becoming a Empire trademark licensed office is our ability to provide multiple outlets & strategies to our business owners like Franchise development through our triangle company Empire Business Advisory Global & the immediate selling of our Franchisors units after their development & Franchise Ambassadors the Franchise sales leader for minorities will sell the franchised units. The Cost to open your Empire Trademark Licensed Office is only $15.000.00 with company financing available. You will need approximately $5000.00 for working capital , between $1500.00 to $3000;00 for furniture & equipment for office & $1000.00 for travel to IL Headquarters for training if out of State, for a total of $21500.00 to $23000.00 cost. Here's some of the things that will be covered in training. Appraising the real fair market value of a business or franchise resale for hundreds of thousands of different kinds of businesses & franchise systems. Establishing the real world price of the business or franchise resale. Strategies & techniques of selling a business or franchise using our proprietary unique system & triangle approach with 3 companies to selling businesses and Franchises Hiring & training a salesperson. Widening our network of listings Understanding & using the correct agreements & contracts. Using our 3 company triangle approach to national marketing. The psychology of a Unique Empire Trademark licensed business broker. Using our unique 27 profit centers to bridge the sometimes lengthy time it can take to close big deals. We want to take this opportunity to thank you for reading about our business brokerage opportunity. Our social So, if you’re ready to avail the services of the finest business brokers the US, get in touch with us today! Contact with us (708) 969-1104 (708) 390-0663 empiregbb@gmail.com Contact with us (708) 969-1104 (708) 390-0663 empiregbb@gmail.com
Brooklyn, NY
$825,000
Nassau County, NY
$500,000
New York County, NY
$5,000,000
Long Island City, NY
$278,000
Suffolk County, NY
$299,000
Available Nationwide
$50,000
Kings County, NY
$141,668
Suffolk County, NY
$350,000
Queens, NY
$285,000
Woodside, NY
$5,750,000
Bronx, NY
$999,999
Queens, NY
$600,000
Kings County, NY
$200,000
Bronx, NY
$1,400,000
Brooklyn, NY
$125,000
Kings County, NY
$225,000
Available Nationwide
$75,000
Brooklyn, NY
$180,005
Suffolk County, NY
$4,000,000
Bronx, NY
$105,000
Brooklyn, NY
$200,000
Bellmore, NY
$137,000
Available Nationwide
$105,000
REAL ESTATE INCLUDED
Suffolk County, NY
$1,900,000
Bronx, NY
$1,450,000
Holbrook, NY
$375,000
Brooklyn, NY
$330,000
Levittown, NY
$250,000
Jay Feinberg
Mid Atlantic Commercial Real Estate
Serving Orange County, NY
Brooklyn, NY
$375,000
New York, NY
$650,000
Brooklyn, NY
$100,000
Brooklyn, NY
$370,000
Jamaica, NY
$455,000
Available Nationwide
$30,000
Putnam County, NY
$450,000
Jamaica, NY
$1,750,000
Brooklyn, NY
$1,599,000
Brooklyn, NY
$450,000
Queens, NY
$435,000
Available in New York
$50,000
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 New York, and aggregated financial data to help both buyers and sellers evaluate individual businesses relative to market averages.
Market Overview
Number of Businesses Analyzed |
80 |
Median Asking Price |
$565,000 |
Median Reported Revenue |
$405,810 |
Median Reported Earnings |
$149,600 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
New York Laundromat Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
1.11 |
3.38 |
Median |
1.50 |
4.27 |
Upper Quartile |
2.33 |
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 in New York?
The median asking price for laundromats analyzed is $565,000. 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 New York earn?
Median annual laundromat sales are $405,810, and median reported earnings is $149,600. 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, New York laundromat owners’ price their businesses at 1.11 to 2.33 times annual revenue, and 3.38 to 5.50 times annual earnings. The median revenue multiple is 1.50, and median earnings multiple is 4.27. This means the average New York laundromat business is valued around 1.5 times its annual revenue, and 5.5 times its annual owner earnings.
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