Laundromat Businesses
For Sale

The laundromat industry is a $6.8 billion market growing 1.6% annually (IBISWorld 2025), with 18,375-30,000 locations across the U.S. Despite sluggish topline growth, the business model remains compelling: 94.8% five-year success rate, 28-35% EBITDA margins, and recession-resistant demand from the 67% of urban housing units lacking in-unit laundry (Grand View Research 2024). Valuations rebounded sharply in 2025 after a 13% revenue contraction in 2024, with median SDE multiples now 3.2x-3.8x for mid-market operators and 4.0x-4.5x for multi-unit platforms (Peak Business Valuation, BizBuySell). The fastest-growing segment is wash-dry-fold/pickup-delivery (12.5% CAGR), commanding $79.81 average order values versus $44.19 for self-service (Cents Into the Fold 2025). Technology adoption is accelerating: 55% now accept mobile/card payments (up from 30% in 2022), and IoT/predictive maintenance is reducing downtime 30-40% (Coin Laundry Association). PE activity remains limited (5-15% of deal volume) but growing, with platforms like CSC ServiceWorks, SuperSuds (search fund exit), and Laundry Growth Partners consolidating underinvested stores. EVI Industries acquired Girbau North America for $43M in April 2025, signaling upstream M&A interest. Key risks: rising utility costs (15-20% of revenue), lease assignment challenges killing 25-30% of deals, and geographic saturation in mature markets.