ValuationResources.Com   ≡  

Coin Laundries & Laundromats – Industry Analysis, Statistics, Trends, and Forecasts

SIC 7215  |  NAICS 812310

This free online guide to industry research and analysis provides sources for industry statistics, trends, and forecasts, financial ratios, salary surveys, and more.

See the following sections listed below to view available resources by category:

For guides to other industries, see our index of over 400 industries.

Industry Analysis, Statistics, Trends, and Forecasts

Industry Research Reports
Coin-Operated Laundromats  (view report)
Dry Cleaning Services  (view report)
Comprehensive industry 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. Topics addressed in the reports include:
Sample industry research report and selected industry statistics including market size, five-year average growth rate, number of businesses, and total employment are available free online.

American Trade Magazines, LLC
American Coin-Op

Monthly publication provides news and information for the self-service laundry business, with special features including the state of the industry survey (April issue) which covers topics such as business conditions, service pricing, equipment purchases, biggest challenges, turns per day, and utility costs. Archived digital editions are available free online, with free subscription available for qualified parties.

Coin Laundry Association
Resources available from this organization include:

Monthly trade association journal provides news and information for self-service laundry owners and managers, with featured topics covered in the magazine including increasing revenues, streamlining operations, reducing expenses, marketing best practices, finding and retaining employees, business profiles, and regional updates. Current and prior editions of the magazine can be viewed free online.

Industry Overview
Introductory section provides an overview of the coin laundry business, with topics covered including definitions and background information, demographic trends, operations and performance, operating expenses, standard useful life of equipment, factors considered in establishing the market value of a coin laundry, and typical net cash flow multiple range used in valuing a self-service laundry business.

Industry Survey
Annual owner survey provides a profile of coin laundries in the U.S., with information provided by the survey respondents including type and size of store, number of machines, ancillary service offerings, number of laundries owned, plans for expansion, hours open, number of employees, current vending prices, expected price increases, store revenues, rent, payroll, and utility costs, and net profit margin.

BizMiner Market Analysis Reports
Coin-Operated Laundries  Search for "812310" to see available reports

Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.

More industry research reports »

Financial Statements and Financial Ratios

BizMiner Industry Financial Ratios
Coin-Operated Laundries  Search for "812310" to see available reports
Five-year financial statement analysis reports provide income statements, balance sheets, and key industry financial ratios for companies of all sizes, with financial data available by sales size range on a national, state, and metropolitan area level including:
Sample financial statement and ratio analysis report is available free online.

Industry Research Reports
Coin-Operated Laundromats
(see links for individual reports)  (sample spreadsheet)

Financial benchmarks section provides detailed comparative income statements and balance sheets and over twenty-five industry financial ratios, with financial benchmarks available for each of the five most recent fiscal years and on a historical average basis for three-year, five-year, and ten-year time periods. Sample spreadsheet that includes breakdowns by total asset size can be viewed free online.

More financial benchmarking data »

Compensation and Salary Surveys

PayScale, Inc.
Self-Service Laundromats

Free online service provides salary, bonus, and hourly wage data for job positions in this sector such
as chief executive officer, district manager, operations manager, laundry manager, laundry attendant, maintenance and repair worker, and office manager, with companies for which salary or hourly wage data is provided including Coinmach Service Corp., a subsidiary of CSC ServiceWorks Holdings, Inc.

U.S. Bureau of Labor Statistics
Drycleaners and Laundries

Annual wage survey provides hourly and annual wage data on a national, state, and local area basis for persons employed by companies in this sector that operate facilities with coin-operated or similar self-service washer, dryer, and dry-cleaning equipment for customer use on premises and/or provide this equipment for customer use in locations operated by others such as apartments and dormitories.

More compensation surveys »

BV Guides and Databases

Private Company Sales Transaction Databases
Free "Visitor Search" allows users to search the DealStats, BIZCOMPS, and FactSet/BVR databases for private company sales transaction data by SIC or NAICS Code using the following codes:
  SIC Code 7215 - Coin-Operated Laundries
  NAICS Code 812310 - Coin-Operated Laundries
Types of establishments included in these codes
Self-service laundries - establishments that provide washing and drying machines for customers to use themselves. Customers typically pay for the service using coins, tokens, or other payment methods.
Coin-operated laundries - establishments that operate on a similar basis as self-service laundries, where customers pay for the use of washing and drying machines using coins, tokens, or other payment methods.
Laundromats - establishments that provide self-service washing and drying machines for public use. Laundromats may also offer additional services, such as folding or pressing.
Laundrettes - establishments that are similar to laundromats and provide self-service washing and drying machines for public use.
Coin-operated laundry machine routes - establishments that provide coin-operated washing and drying machines in a mobile setting, such as trucks or trailers. These establishments typically offer their services in areas with limited access to self-service laundry facilities.
Sample reports with detailed sales transaction data and valuation multiples are available free online.

Coin Laundry Association
How To Value A Coin Laundry

Topics covered in this valuation guide include common and preferred methods for placing a value on an existing facility, key factors that directly impact a valuation, considering the quantity and quality of local competition when assigning a value, considerations in placing a value on an older facility, most common mistakes made by buyers and sellers, and advantages and disadvantages of using brokers.

Lombardo Holdings, LLC
How to Find, Evaluate, and Buy a Laundromat: A Comprehensive Guide

Comprehensive guide covers the ins and outs of evaluating a laundromat, with topics covered in this publication including finding a facility for sale, determining income and expenses, verifying revenues, conducting the walkthrough, determining what it is worth, writing the offer, financing a purchase, and avoiding costly buying mistakes. Selected pages and table of contents can be previewed free online.

More valuation data »

Related Industries:
Carpet and Upholstery Cleaning Services
Commercial and Industrial Laundries
Dry Cleaners
Uniform and Linen Rental Services


About  |  Contact   |   Privacy   |   Terms

© 2023 ValuationResources.Com