Laundromat Resource › Forums › Laundromats › Laundromat Valuations › Reply To: Laundromat Valuations
October 22, 2021 at 11:02 am
#11937
Hey Mike, I think the conventional wisdom is about 3-6x cash flow. From my limited experience, I have found that as the stores get larger, so does the multiplier. So while you might be able to get closer a 3x multiple for a store in the 100-200k range, it might go up to 4-5x for something in the 1M range. Obviously there are a lot of other factors at play, but that would be my 2 cents. Taking it at face value, the price seems pretty reasonable.
