Sell your laundromat or dry cleaner in Scranton, PA.
If you own an established laundromat or dry cleaner in Scranton, we buy stores like yours. We are operators building a national garment-care platform.
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.
Scranton is a city of about 76,100 residents. Around 49% of Scranton households rent, a solid base of everyday laundromat demand alongside wash-and-fold and dry-cleaning customers. Household income is more modest here, near $49,531 at the median, and the best stores win on self-service volume. Run well, that is one of the most durable businesses there is. If you built a laundromat or dry cleaner in this market, you built something we take seriously.
The people who learn your business have owned and run these stores. Meet the operators and the board.What is a laundromat in Scranton worth?
Most established laundromats change hands at roughly 2.5 to 5 times EBITDA, yearly earnings after every operating cost. Where one store sits in that range is a long list, not a short one: how clean the records are, the lease, the machines, who the customers are, and more.
No two stores land in the same place, and a real number takes a real look at yours. Read how laundromat value works, or start a confidential conversation and we will tell you what we see.
Common questions in Scranton.
Who buys laundromats in Scranton?
Valemont Group acquires laundromats, wash-and-fold operations, and dry cleaners in Scranton and across Pennsylvania, including Allentown and Reading. 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 Scranton, Pennsylvania?
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 Scranton worth?
Established laundromats generally trade around 2.5 to 5 times EBITDA, yearly earnings after every cost. Where a particular store lands depends on far more than any rule of thumb: the books, the lease, the equipment, the customers, and what due diligence finds. A real number takes a real look, and a first conversation with us is confidential and free.
Also buying across Pennsylvania.
We review businesses across the state, not just in Scranton.
Ready to hear a number?
One confidential call. If the store fits, the offer follows, with the board behind it.