How much does it cost to buy a laundromat?
Across the 1033 laundromat listings currently indexed on LaundroMarketplace, the median asking price is $495K. Small neighborhood stores list under $150K, while large, newer-equipment stores in major metros can exceed $1M. On top of the purchase price, budget for closing costs, working capital, and any equipment replacement identified in due diligence.
Are laundromats profitable?
A well-run laundromat typically produces a 20–35% SDE margin (seller’s discretionary earnings as a share of revenue). Profitability hinges on rent, utility costs (water, gas, electric are the biggest expenses), machine age, and local demographics. Always verify reported profits against tax returns and utility bills — advertised numbers are frequently optimistic.
What is SDE and why does it matter?
SDE (seller’s discretionary earnings) is the total annual cash benefit to a full-time owner-operator: net profit plus owner salary, personal expenses run through the business, interest, depreciation, and one-time addbacks. It is the standard earnings measure for pricing small businesses — laundromats typically sell for 2.5–4× SDE.
What is a fair price multiple for a laundromat?
Laundromats generally trade between 2.5× and 4× SDE. The median Price/SDE multiple across indexed listings on this site with usable data is about 4.5×. Newer equipment, a long transferable lease, and verified financials justify the top of the range; month-to-month leases and aging machines push value down.
Can I buy a laundromat with an SBA loan?
Yes — laundromat acquisitions are commonly financed with SBA 7(a) loans, typically with 10–20% down, 10-year terms, and rates tied to prime. Lenders want to see verifiable cash flow (tax returns, not just a broker sheet), a transferable lease at least as long as the loan term, and often some buyer liquidity. See our SBA financing guide and loan calculator.
What should I verify before making an offer?
At minimum: 2–3 years of tax returns and P&L statements, 12 months of utility bills (the best revenue cross-check for an unattended store), the full equipment list with ages, the lease and its assignment terms, and the seller’s addback schedule. Our 47-point due diligence checklist covers the full list.
Are the financials on LaundroMarketplace verified?
No. Listings are indexed from public sources and normalized for comparison; figures marked "estimated" are modeled placeholders. Treat every number on this site as a starting point for your own verification, and request source documents before offering.
How do I sell my laundromat on LaundroMarketplace?
Use the seller intake form to submit your business basics — location, asking price, revenue, SDE, machine count, and timing. Buyer interest in your market is routed back to you. Brokers can submit inventory through the broker partner page.
Keep Going
Read the full buyer guide, run a listing through the deal score calculator, or browse listings by state.