Brooklyn, NY
$100,000
Brooklyn, NY
$100,000
New York County, NY
$850,000
New York County, NY
$650,000
Suffolk County, NY
$250,000
REAL ESTATE INCLUDED
Buffalo, NY
$6,500,000
REAL ESTATE INCLUDED
Corning, NY
$115,000
Kings County, NY
$110,000
Richmond County, NY
$1,100,000
Brooklyn, NY
$700,000
Staten Island, NY
$475,000
Available in New York
$110,000
REAL ESTATE INCLUDED
Bronx, NY
$1,950,000
Staten Island, NY
$450,000
Forest Hls, NY
$659,000
Brooklyn, NY
$650,000
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.
Astoria, NY
$1,500,000
Bronx, NY
$3,000,000
Jamaica, NY
$265,000
Schoharie County, NY
$495,000
Brooklyn, NY
$500,000
Available Nationwide
$85,000
REAL ESTATE INCLUDED
Bronx, NY
$3,000,000
Poughkeepsie, NY
$180,000
East Meadow, NY
$390,000
Brooklyn, NY
$698,000
Bronx County, NY
$898,000
Bronx County, NY
$1,471,800
Bronx, NY
$3,709,380
Bronx, NY
$1,345,344
Bronx, NY
$1,400,000
Available in New York
$50,000
Bronx, NY
$2,200,000
Kings County, NY
$1,200,000
Bronx County, NY
$2,999,999
Queens County, NY
$1,550,000
Available Nationwide
$45,000
Brooklyn, NY
$599,000
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.
More for Business Buyers:
Set Up Alerts and Notifications
Business Buyer Learning Center
More for Business Sellers: