New York · Laundromats (Coin & Card)
Laundromats (Coin & Card) Business Brokers in New York
Selling a laundromats (coin & card) business in New York is a specialist job. Brokers below have closed deals in this industry and know what New York buyers actually pay.
Typical deal size
$275K
Range $100K – $2.5M (multi-unit or RE-included)
SDE multiple
3.2x–4.2x (well-run; 2.5x–3.5x for average; below 2.5x for poorly documented)
EBITDA multiple
4x–6x — NOTE: EBITDA multiples appear higher than revenue multiples because laundromats carry very high EBITDA margins (35–45%). Revenue multiples of 1.5x–2x look lower, but the underlying EBITDA multiples of 4x–6x are normal for high-margin businesses. The combination is NOT an anomaly — it reflects the asset-light, low-labor model. A 'low' revenue multiple on a 40% EBITDA margin business equates to a reasonable earnings multiple.
What drives value in New York laundromats (coin & card) sales
- →Card/mobile payment system with auditable transaction records (vs. coin-only with no trail)
- →Lease term — 10+ years remaining with below-market rent as % of gross revenue
- →Modern, high-efficiency equipment (lower utility cost per cycle)
- →Wash-and-fold / pickup-and-delivery add-on revenue
No Laundromats (Coin & Card) specialists listed in New York yet
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