How much is it to buy a laundromat is usually asked as a price question and answered by a listing, and the listing's price is the least useful number in the purchase. What the buyer needs is the cash they must bring on the day and the payment the store must make every month afterwards, because those decide whether the purchase can happen and whether it pays. This page works both from a store's price using the free calculator on this site, and shows which inputs move them.
From the price to the cash on the day
A $450,000 store funded 80% by an SBA 7(a) note and 10% by a seller note leaves $45,000 of the price for the buyer. Working capital of $40,000 for rent, utilities and the first machine that fails, plus closing costs of $25,000, brings the cash at the keys to $110,000 on the worked example. Enter your own store's price and your lender's share and the figure follows.
From the notes to the monthly payment
The SBA note of $360,000 at 10.5% over 10 years costs $4,857.66 a month; the seller note of $45,000 at 6% over 5 years costs $869.98. Together they take $5,727.64 a month and $68,731.68 a year out of the store before the owner draws anything. The program caps a 7(a) loan at $5 million, which is far above most stores, so the rate and the term are the levers that matter.
Whether the store pays for itself
Seller's discretionary earnings of $180,000 less the buyer's own pay of $90,000 leaves $90,000 for the notes, 131% of the year's payments, with $21,268.32 left over on the example. A store whose earnings after your pay fall below the payments is priced for the seller, and the sheet shows that before the offer.
Questions people ask about how much is it to buy a laundromat
Why does the answer depend on my lender?
Because the bank's share and rate set the biggest payment. Two buyers of the same store with different term sheets pay different amounts every month.
What is a fair price for a laundromat?
This site does not say. It shows what your price costs you at the keys and each month; whether the price is fair is a valuation question.
Can I keep the sheet?
Pro keeps every stack you cost beside its store, with the offers and the diligence list, for $14 a month.