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Commercial washers and dryers cost between $800 – $2,600 apiece, and typically last 10-15 years. A typical laundromat will have between 40 and 100 washers and dryers, so with new machines you’re looking at a total cost of $32,000-$260,000. Maintenance and repair on a machine will cost between $120 – $500 per service …

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You can determine the NOI of a laundromat by subtracting the costs from the gross income. For example, if the business earns $200,000 per year and has $50,000 in expenses, the NOI would be $150,000. The size of the multiple is usually between 3.5-5x. So 3.5-5x the NOI will give you your answer for value.

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