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Laundromats and Coin Laundry Businesses For Sale

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Industry Info
Asset Sale Asset Sale

Hillsborough County, NH

All the essentials: working washers/dryers, coin/card pay, folding space, carts, vending, coin machine, mini splits, and cameras. Leased space includes bathroom and office—ready to run....

Not Disclosed

Asset Sale

Not Disclosed

Asset SaleCompton opportunity

Los Angeles, CA

ASSET SALE - Free Standing building with 10 dedicated parking spaces. Spacious and modern laundry. Much potential for cash buyer to grow business with hands on owner operator....

$180,000

$180,000

Asset Sale
Asset SalePromising Asset Sale in Highland Park

Highland Park, CA

Rare opportunity for a "fixer upper" in a highly dense area of Highland Park. Ample parking and long lease term. Sellers loss is your gain. Huge potential to increase income without the cost of a full...

$115,000

$115,000

Asset Sale
Asset SaleLong Standing Owner Operated Coin Laundromat For Sale

Middlesex County, MA

HS Listing ID-65439 Asset Sale Asking Price: $85,000 Business Overview Established for over 25 years 15 washers & 12 dryers Self-service only (No wash & fold services) No advertising currently in...

$85,000

$85,000

Asset Sale
Asset SaleAtlantic County Vacant Laundromat For Sale

Atlantic County, NJ

HS Listing ID-64879 This 1100 sq ft building sits on the corner of a major thoroughfare. This closed laundromat has 43 machines currently that all need to be re-tooled. The building on the inside and...

$349,999

$349,999

Asset Sale
Asset SaleNew Built Absentee OwnerManagement Laundromat Great Potential for Grow

Kings County, NY

Total 3,500 S/F with Full Basement.Brand New Huebsh 50 Dryers and 50 Washers at Excellent location in highly densely populated residential area.There are many high rise rental apartment and commercial...

$1,200,000

$1,200,000

Asset Sale
Asset SaleWet System Dry Cleaner 100 % Green / E-2 Visa - Absentee Owner

Boynton Beach, FL

100% Green Dry Cleaning System owner wants to sell fast,Please make offer . 4 Years Remaining Lease + 5-Year Renewal Option OWNER Reduced Price for Quick Sale Ideal for Expansion or Additional Income...

$69,900

$69,900

Asset Sale
Real EstateNewly Renovated Card Laundromat With Property For Sale

Bronx County, NY

HS Listing ID: 41019 • Zoned R7 • New roof, updated 1 year ago • Located in a heavy foot traffic area with a high population density • In immediate proximity to multiple residential apartments • Owner...

$2,999,999

$2,999,999

Real Estate
Real EstateThe Realty TX Multi-Business Shopping Center, Houston

Houston, TX

This Package includes the Washateria and the Self Serve Car Wash. Cannot sell separate** Cash-Flowing Investment Real Estate Income Alone: Approx. $190,000 annually from 8 tenants Washateria:...

$4,950,000

$4,950,000

Real Estate
Real EstateConvenience Store & Laundromat – Dual-Income Property in Bay City, TX

Bay City, TX

Turnkey investment opportunity! This well-maintained, 1,624 sq ft freestanding building sits on a 0.34-acre lot in a high-traffic area of Bay City, Texas, and is currently operating as a fully...

$258,000

$258,000

Real Estate
Real EstateLaundromat Location in a Well Populated Area

Jackson, NJ

Amazing opportunity to open a Laundromat Join PNC Bank, Keller Williams Realty and a great assortment of Restaurants, Offices and Realtors. 1,605 sq ft in Cooks Landing at Jackson a 38,524 Square foot...

Not Disclosed

Real Estate

Not Disclosed

Real EstateLaundromat in Moss landing, Ca.

Moss Landing, CA

2,000 sq. ft new space with great parking and high car traffic count on highway 1 (over 50,000 cars daily). The space is vacant and needs to be built out. We have huge water allocations for up to 30...

Not Disclosed

Real Estate

Not Disclosed

Real EstateLong Established Profitable High Gross Laundromat with Building

Fairfield County, CT

Total 2100 S/F with 33 Washer and 34 Dryers at high traffic street in Densely Populated commercial and residential area close to I95 Interstate High Way.There is great opportunity for investment and...

$1,499,000

$1,499,000

Real Estate
Real EstateLaundromat with 4 tenant Building

Arlington, TX

* Established Laundromat generating $500,000 in annual sales revenue. * Built in 2018 with brand-new, high-efficiency machines. * Seller offers a master lease on the vacant space for up to 2 years. *...

$4,300,000

$4,300,000

Real Estate
Real EstateLaundry & rental income with the property

Los Angeles, CA

Unique free standing building for sale. Property includes Laundry & rental income store. High traffic in a residential & business mixed area. Easy access w/ ample parking. Floor & some older equipment...

$2,980,000

$2,980,000

Real Estate

Michael Monnot

Infinity Business Brokers

Serving Manatee County, FL

Marketing, Advertising & Business Location Services: Buyer: We have built our own proprietary software and utilize the latest technology to be able to locate any potential seller. If you are looking to purchase a specific business, we are able to put together a direct marketing campaign within days to weeks depending on the scope of the project. Seller: We will use our proprietary software and systems to market certain businesses to specific strategic buyers that would be likely to acquire a similar business. We will use the normal business for sale sites, we will send it to our global network of buyers, attorneys, affiliates and more. E2 Visas We have invested greatly in our systems and infrastructure to be able to handle the additional time and needs of both the buyer and seller in the E2 Visa process. It is mutually beneficial for both parties to be aware of the process and have a competent set of professionals to guide both parties through the process as quickly and as painless as possible. We have surrounded ourselves with some of the best necessary providers in this process - professionals who handle these deals on a daily basis to ensure success. The buyer gets a great business and the seller usually gets an all cash offer. Licensing, Applications, Business Plans… We have on staff someone that will guide you through all licensing questions, requirements and issues so that you are not left on your own. We can also refer you to a 3rd party to complete all licensing for you. We will also assist in preparing business plans, SBA paperwork and more. Negotiations and Contracts All negotiations will be conducted professionally and confidentially whether we are working with just the buyer, seller or both. Often times structuring a contract properly is the key to success - whether it is a straight asset purchase, if we need to work an earn-out, if a note is held we will make sure sellers are protected - or any other situation. All contracts, addendums and negotiations are part of our service to make sure both parties are equally protected and we can appoint a qualified transaction attorney to close the deal for a nominal fee. Business Evaluations An essential part of the transaction is the business evaluation. Whether you are a seller not wanting to under price the business or a buyer not wanting to over pay, we will be able to provide you with the proper multiples or opinion of value. We do not rely on simple multiples as there are far too many factors. We will complete a full blown evaluation that will factor everything from inventory, seller's duties, hours, trends, SDE and so much more. Confidential Business Review (CBR): An essential part of buying or selling a business lies in the confidential business review. Unfortunately, most brokers either do not know how to or just do not prepare a CBR. This is extremely important for both the buyer and seller. Many times what we receive is a paragraph, or a P&L/tax returns, or a partial CBR or sometimes nothing at all! Not everyone can read tax returns and a buyer wants to know about the business they want to purchase. Our CBR will be anywhere from 10, 20, 30+ pages depending on the size of the business. It will include: recasted financials pointing out (line by line) the true income of the seller, pictures of the business, duties, a breakdown of staff, general marketing and advertising, a SWOT analysis (Strengths, Weaknesses, Opportunities & Threats), reviews, necessary information about the industry and so much more. These are questions that buyers ask, and information they want and need to purchase a business. We are not here to waste your time, having to ask/answer questions or hold unnecessary meetings. Cooperation with Other Brokers: For Buyers: You will not be limited to just our listings as we have access to usually around 4,000 active businesses at any time. You can see all of these businesses on our site. We are here to make sure that you find the right business for you, whether it is our listing or another broker's listing. One of the common misconceptions in the business brokerage business is that once you sign a confidentiality agreement with a broker, you must work with that broker. All situations are different, but if you do not feel that you are getting the service you deserve do not hesitate to make a change. For Sellers: We have a strong history of cooperating with other business brokers. If a business broker brings a qualified buyer we will do what is best for the seller and that is cooperate to get the business sold. We will not just give information to any agent, Realtor or broker so you can feel confident that the business will be protected. Confidentiality: Confidentiality is known to be important for sellers but it is also paramount for confidentiality to be kept for the buyers as well. Every buyer will go through a process which will consist of experience, financial viability, requirements and personal preference to make sure the proper businesses are chosen, financing is properly qualified and leases will not be an issue. We will not disclose every business just because someone asks. Summary: Our sole focus is on cash flowing businesses. We do not sell properties, we are not Realtors, we do not lease space…100% of our time is dedicated to you buying or selling a business. We achieve a high success rate by taking minimal listings and buyers and focusing on who we choose to work with rather than trying to sell anything we can. If you want to buy or sell a business, you want to call us!

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Real EstatePerfect size of Dry Cleaners $ 180K

Orange, CA

Available On Site only $ 180K Only This is a nice Dry Cleaner no Laundry Mat 1). Monthly gross is $ 18,000 per month 2). Monthly rents $ 3,800 including NNN 3).Lease has 2 and 5 year 4). size is...

$180,000

$180,000

Real Estate
Real EstateTotal 2,405 S/F Laundromat with Building with Two Family

Queens County, NY

Total 5,493 of 3 STORIES BUILDING WITH LAUNDROMAT AND TWO FAMILY HOUSE AT VERY BUSY STREET IN HIGH DENSELY POPULATED TOWN N.Y.THERE IS GREAT POTENTIAL FOR GROWTH.All above data is reliable but...

$1,550,000

$1,550,000

Real Estate
Real EstateLARGE lAUNDROMAT WITH 50W50 of 3,865 S/F / Train Statiion

Brooklyn, NY

Total 3,865 S/F of Building and Large Profitable Laundromat WITH 10 YEARS OLD 50 WASHER AND 50 DRYERS at one Block from Train Station in Very Busy Street and high dense populated area in Brooklyn...

$599,000

$599,000

Real Estate
Real EstateOutstanding Chance to Own the Business & Property

Los Angeles, CA

An excellent opportunity to own both the business and the property. It has a free-standing corner location with great visibility, serving to a densely populated area. The friendly staff manages all...

$2,950,000

$2,950,000

Real Estate
Start-upFantastic Laundromat location in Los Angeles

Welcome to EXPRESS CLEAN LAUNDRY – Freshly Remodeled & Ready to OPEN! Step into a whole new laundry experience at our newly remodeled laundromat! Designed with comfort and convenience in mind, our...

Not Disclosed

Start-up

Not Disclosed

Start-upStart or Grow Your Laundromat Business with Expert Support

With over 60 years of experience as a commercial laundry equipment distributor, Equipment International offers the hands-on expertise and support you need to open and operate a successful store. We...

Not Disclosed

Start-up

Not Disclosed

Start-upNational Laudromat Franchise - 4 Territories in and near Ft Lauderdale

LaundroLab is disrupting the growing $40B laundry industry with a mission to be the first and best nationally recognized brand in the space, serving millions of people nationwide. 4 franchise...

$150,000

$150,000

Start-up

Buy or Sell a Laundromat or Coin Laundry Business

Laundromats and coin laundry businesses are a popular investment option for entrepreneurs, with steady income potential and relatively low management costs. However, buying or selling a laundromat can be a complex process with many considerations. To help provide some context on the market, and provide some baseline valuation information, we have analyzed the laundromat businesses listed for sale, and aggregated financial data to help both buyers and sellers evaluate individual businesses relative to market averages.


Market Overview

Number of Businesses Analyzed  

348

Median Asking Price  

$462,500

Median Reported Revenue  

$280,000

Median Reported Earnings  

$105,000

Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.


Laundromat Business Valuation Multiples

Range

Revenue

Earnings (SDE)

Lower Quartile

1.20

3.37

Median

1.69

4.40

Upper Quartile

2.44

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 business?

The median asking price for laundromats analyzed is $462,500. However, the cost of purchasing a laundromat can vary significantly based on location, size, number of machines, and profitability.

How much do laundromat owners earn?

Median annual laundromat sales hover around $280,000, and median reported discretionary earnings is $105,000. 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, laundromat owners’ price their businesses at 1.20 to 2.44 times annual revenue, and 3.37 to 5.50 times annual earnings. The median revenue multiple is 1.69, and median earnings multiple is 4.40. So, an average laundromat business may be priced around 4.4 times its owner’s earnings, and 1.69 times its annual revenue.

Where are most laundromats for sale located?

Laundromats for sale are predominantly located in major metro areas, with the top ten as follows:

  1. New York City Metro
  2. Greater Los Angeles Area
  3. Houston Metro Area
  4. Dallas-Fort Worth Metroplex
  5. Miami-Fort Lauderdale Area
  6. San Francisco Bay Area
  7. Atlanta Metro Area
  8. Philadelphia Metro Area
  9. Chicago Metro Area
  10. Tampa Bay Metro Area

The following states have the most laundromat businesses listed for sale:

  1. New York
  2. California
  3. Texas
  4. Florida
  5. New Jersey
  6. Georgia
  7. Pennsylvania
  8. Connecticut
  9. Illinois
  10. Massachusetts


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