“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 Nationwide
$250,000
Bronx County, NY
$999,999
Bronx County, NY
$1,400,000
Staten Island, NY
$980,000
Manhattan, NY
$970,000
Manhattan, NY
$975,000
William Mansfield
Field Business Advisors
Serving New York County, NY
We utilize a team approach. Our team's combined shared business experience is unmatched the marketplace. We are veteran owners who have experienced the obstacles common to the buying and selling process. We’ve seen what works and what doesn’t Let our combined knowledge simplify the process for you. You can promote your business yourself, or hire us as your broker to handle the entire process for you. The key to our success is dependent on our ability to provide high quality service. The best way to accomplish our goals is with the use of our simple to use website platform to sign up customers. Discover a new seamless way of accomplishing our goals in Buying or Selling of small businesses in a more resourceful and time-efficient manner. The uniqueness of the company, is our knowledge, as well as the relationship of the Direct Store Delivery community of Independent Contractors , gives us an exceptional edge over any competitor.
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 in New York
$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
$50,000
Brooklyn, NY
$180,005
Suffolk County, NY
$4,000,000
Bronx, NY
$105,000
Brooklyn, NY
$200,000
Bellmore, NY
$137,000
Available in New York
$50,000
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
Kim Merrill
SFA Advisors
Serving Suffolk County, NY
Looking to buy, sell, or expand a franchise? Success Franchise Advisors is here to help! As a global leader in franchise resales, new territory development, and business expansion, we've guided hundreds of clients through every step of the process. With offices across the U.S., Australia, New Zealand, and the Middle East, we offer expert support wherever you are. Ready to take the next step? Call or text us at 860-930-8171. Not interested in a franchise but ready to leave the corporate world? Let’s explore the booming vending business together! A vending machine business lets you start small while keeping your current job, building extra income as you create your exit strategy. Or, you can go all in and replace your income full-time. Ready to take control of your future? Let’s chat!
Brooklyn, NY
$375,000
New York, NY
$650,000
Brooklyn, NY
$100,000
Brooklyn, NY
$370,000
Jamaica, NY
$455,000
Available in New York
$50,000
Putnam County, NY
$450,000
Jamaica, NY
$1,750,000
Brooklyn, NY
$1,599,000
Brooklyn, NY
$450,000
Queens, NY
$435,000
Available Nationwide
$45,000
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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