Valemont GroupVALEMONT GROUPTalk to us
Cranston, Rhode Island

Sell your laundromat or dry cleaner in Cranston, RI.

Valemont Group reviews established laundromats, wash-and-fold operations, and dry cleaners in Cranston and across Rhode Island. We are operators, and we buy to operate.

The people behind Valemont have owned these businesses. The team has launched over 200 laundromats, led over 100 acquisitions, and is backed by a board that has run public companies and closed transactions from hundreds of thousands to billions. When you sell to Valemont, you are paid fairly and the business keeps running.

We look for established businesses with real cash flow and a genuine customer reputation, run by owners thinking about their next chapter. A first conversation is confidential, commits you to nothing, and moving forward typically takes 30 to 90 days.

Cranston is a city of about 82,600 residents, the third-largest market we cover in Rhode Island. Census business counts show 51 laundromats and drycleaners operating in Providence County. About 33% of households rent, and the rest of the demand comes from wash-and-fold, delivery, and dry-cleaning customers who value their time. That is lower than most Rhode Island cities we track, so the opportunity here leans toward drop-off and delivery. With a median household income near $87,716, Cranston supports strong drop-off and delivery volume on top of self-service. If you built a laundromat or dry cleaner in this market, you built something we take seriously.

Phil AkinDave MenzTommy HeffernanThe people who learn your business have owned and run these stores. Meet the operators and the board.
Valuation

What is a laundromat in Cranston worth?

Established laundromats generally trade in a range of roughly 2.5 to 5 times EBITDA, the store's yearly earnings after every cost. Where a store lands comes out of a full look at the business: the books, the lease, the equipment, the customers, and whatever due diligence turns up.

Every store is different, and a real number takes a real look. Read how laundromat value works, or start a confidential conversation and we will tell you what we see.

Questions owners ask

Common questions in Cranston.

Who buys laundromats in Cranston?

Valemont Group acquires laundromats, wash-and-fold operations, and dry cleaners in Cranston and across Rhode Island, including Woonsocket and Newport. We are operators building a national garment-care platform. The offer comes from us, and after closing, our team runs the store.Every offer is reviewed by a board of operators including the CEO of Clean Laundry, a 163-location chain, and the founder of Queen City Laundry.

How do I sell my laundromat in Cranston, Rhode Island?

It starts with one confidential conversation. We look at a few simple financial documents, bring you a market offer, verify the details in due diligence, and close. Moving forward typically takes 30 to 90 days.

What is a laundromat in Cranston worth?

Roughly 2.5 to 5 times EBITDA is the range most established stores trade in. Where a store lands within it comes from a full look at the business, the records most of all. A first conversation with us is confidential and free.

Nearby

Also buying across Rhode Island.

We review businesses across the state, not just in Cranston.