REAL ESTATE INCLUDED
Dallas, TX
$3,299,000
REAL ESTATE INCLUDED
Dallas, TX
$3,299,000
League City, TX
$320,000
Houston, TX
$105,000
Houston, TX
$380,000
Houston, TX
$195,000
Dallas County, TX
$190,000
San Antonio, TX
$1,249,000
Dallas County, TX
$599,000
Denton County, TX
$225,000
Dallas, TX
$499,000
Available Nationwide
$65,000
Houston, TX
$249,900
Midland County, TX
$1,200,000
Houston, TX
$1,600,000
La Porte, TX
$1,170,000
Seth R. Blackburn
BridgeWorth & Associates
Serving Harris County, TX
We specialize in the sale of existing businesses to qualified business buyers. From manufacturing, service, technology, retail, and all in between. We cater to many of our clients across the United States. Our confidential systems are ironclad and backed by non disclosure agreements. We also qualify all buyers and can get buyers qualified and financed so you don’t have to. We are relationship oriented, we are your support, we are knowledgable, we are persistent and we are trustworthy. We are both motivated by success and our number one priority, when it comes to BridgeWorth & Associates, is YOU!
Midland County, TX
$1,000,000
Houston, TX
$415,000
Dallas, TX
$650,000
Houston, TX
$95,000
Austin, TX
$550,000
Available in Texas
$50,000
Houston, TX
$4,950,000
Bay City, TX
$258,000
Arlington, TX
$4,300,000
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 Texas, and aggregated financial data to help both buyers and sellers evaluate individual businesses relative to market averages.
Market Overview
Number of Businesses Analyzed |
38 |
Median Asking Price |
$386,250 |
Median Reported Revenue |
$270,310 |
Median Reported Earnings |
$84,983 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Texas Laundromat Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
1.16 |
3.23 |
Median |
1.83 |
4.90 |
Upper Quartile |
2.54 |
5.89 |
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 Texas?
The median asking price for laundromats analyzed is $386,250. 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 Texas earn?
Median annual laundromat sales are $270,310, and median reported earnings is $84,983. 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, Texas laundromat owners’ price their businesses at 1.16 to 2.54 times annual revenue, and 3.23 to 5.89 times annual earnings. The median revenue multiple is 1.83, and median earnings multiple is 4.90. This means the average Texas laundromat business is valued around 2 times its annual revenue, and 5.0 times its annual owner earnings.
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