What is your laundromat worth?
Three quick steps. Your numbers stay between us, and you get a straight answer: the range your store would trade in, the arithmetic behind it, and where stores like yours usually land.
Valemont is the buyer, so there is no fee to us at any point. The people who learn your business run 163-store chains and multi-location dry cleaners. None of them is a broker.
What a laundromat or dry cleaner sells for.
How much is a laundromat worth?
Most established laundromats sell for roughly 2.5 to 5 times EBITDA, the yearly earnings after every operating cost, including a manager to run the store. A store that collects $300,000 a year and earns $75,000 after all of that would trade between about $187,500 and $375,000. Where it lands inside the range depends on everything a buyer verifies.
How much is a dry cleaner worth?
The same 2.5 to 5 times EBITDA range applies to established dry cleaners. A plant is priced on its earnings after the labor a buyer must pay for and on what the equipment will need. A drop store is priced on its customer book and its wholesale arrangement.
Is the calculator range an offer?
No. It is a first range from the numbers you enter. An offer comes after a buyer reads the documents: returns, P&Ls, the lease, and the equipment list.
The arithmetic in full: what a laundromat is worth and what a dry cleaner is worth.