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Coin-Operated Laundries and Laundromats

SIC 7215 | NAICS 812310

The following guide to market research and industry analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.

For guides to other industries, see our index.

Industry Analysis, Trends, Statistics, and Forecasts

Coin-Operated Laundries and Laundromats  (view report)
Dry Cleaning & Laundry Services  (view report)

Comprehensive market research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:

  • Market size and characteristics
  • Key statistics and ratios
  • Current performance
  • Operating conditions
  • Competitive landscape
  • Major companies
  • Five-year growth forecast

Coin Laundry Association
Industry Overview
Introductory section provides a summary overview of the coin-operated laundry industry, with topics covered including definitions and background information, business cycle, demographic trends, resale market value, operations and performance levels, and operating expenses. All information can be viewed free online

American Trade Magazines, LLC
American Coin-Op
Monthly trade publication features news and information for the laundromat industry, with special features including the annual state of the industry report and monthly reader surveys which provide information on sales, price, and profitability trends. Current and prior editions of the magazine are available free online.

First Research
Laundry Facilities and Dry Cleaning Services

First Research profiles provide analysis, statistics, and forecasts for a wide range of industries, with content sections including industry overview, recent developments, issues and challenges, business trends and opportunities, leading companies, executive insights, financial benchmarking information, and 5-year revenue growth forecast. Profiles are updated monthly; sample report is available online.

IRS Cash Intensive Businesses Audit Technique Guide
Chapter 15 - Laundromats
IRS audit guide includes an overview of the laundromat industry and its business practices, with the primary focus on determining and verifying income from washing and drying machines, vending machines offering laundry products, soft drinks, and snacks, and laundry-related services. Publication is available free online.

Entrepreneur Magazine Business Startup Guides
Coin-Operated Laundry

Business startup guide provides an overview of the business and takes users through the various aspects of starting a company and running it successfully. Detailed table of contents and selected excerpts from  Kindle e-book edition of this publication can be viewed online via's "Look Inside" feature.

Financial Benchmarking Data

Industry Financial Ratios
Coin-Operated Laundries  Search for "812310"

Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.

  • Income and expense detail in dollars and percentages
  • Balance sheets in dollars and percentages
  • Cash flow analysis
  • Liquidity and working capital ratios
  • Profitability and return on investment ratios
  • Asset turnover and efficiency ratios
  • Capital structure and debt service ratios

Coin Laundry Association
Industry Survey
Annual survey allows users to benchmark a laundry's performance against national and regional averages for measures such as total gross revenue; revenue per square feet; percentage of revenue from ancillary services; rent, payroll, and utility expenses; and net profit before interest, taxes, and owner compensation.

More Resources ››

Compensation Surveys

U.S. Bureau of Labor Statistics
Occupational Employment and Wages - Drycleaning and Laundry Services

Annual employment and wage survey provides hourly and annual wage data for laundry and drycleaning personnel on a national, state, and metropolitan area basis, with statistical measures for national data including mean, median, and upper/lower quartiles and deciles. All information is available free online.

More Resources ››

Business Valuation Resources

Coin Laundry Association
Information resources available from this trade association include:

Today's Coin Laundry
Publication provides information on factors to be considered in buying or constructing a self-service coin laundry, with major topics covered in this publication including coin laundry basics, buying an existing laundromat, constructing a new laundromat facility, and operating a profitable self-service laundromat.

How To Value A Coin Laundry
Whitepaper takes a closer look at the valuation process, seller preparation, and buyer due diligence, with topics covered in this publication including various valuation methods, factors that affect the valuation process, mistakes and errors to avoid, and the role of a business broker in the buying and selling process.

How to Find, Evaluate, and Buy a Laundromat: A Comprehensive Guide
Comprehensive guide covers the ins and outs of evaluating a coin laundry listed for sale, with topics covered including finding laundromats for sale, determining a laundromat's typical income and expenses, calculating machine turns or cycles per day, verifying a laundromat's revenues, and avoiding costly buying mistakes.

Small Business Valuation Multiples

Coin-Operated Laundries

Comprehensive reference guide provides market-based business valuation multiples for small businesses in more than 200 industries. Valuation multiples are derived from actual business sales transactions as reported by BIZCOMPS®, with the primary focus on small companies priced at less than $1 million.

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