Home Forums Laundromats Laundromat Valuations

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    I looked at a laundromat today that listed on a broker site for a 3.5x net income valuation. Priced at $1.5mil making about 400k/year. That seems crazy high. It’s a 50 washer/50 dryer place with an ATM in a shopping mall. Great reviews online. Is this normal for the industry? I was expecting maybe a 2x.

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