ROI (Return on Investment)

ROI, or return on investment, is a general measure of gain relative to cost. In laundromat purchases it is used loosely, which is why buyers should insist on knowing exactly which cash flow and which investment base a quoted ROI figure uses.

Why ROI Matters in a Laundromat Sale

Loosely defined ROI is where most laundromat marketing overstates returns. The CLA's surveyed median operating profit of 27% is before tax, before debt service, before owner compensation, and before any replacement reserve (Source: CLA 2024 Laundry Industry Survey) — it is not a return to a buyer. A defensible figure states what was included: cash-on-cash after debt service and after valuing the owner's labor, or IRR including the exit.

Example

A listing advertises '30% ROI.' Investigation shows it is operating profit divided by purchase price, with no debt service, no owner salary, and no replacement reserve. Recomputed as cash-on-cash after all three, the figure is roughly 14%.

What to Check

  • Ask exactly which cash flow and which investment base any quoted figure uses.
  • Recompute it after debt service, owner labor, tax, and a replacement reserve.
  • Distrust any advertised return that does not state its assumptions.

Where This Comes Up

  • Cash-on-Cash Return — Cash-on-cash return is annual pre-tax cash flow after debt service divided by the total cash a buyer actually invested
  • IRR (Internal Rate of Return) — IRR, or internal rate of return
  • Payback Period — Payback period is the time required for cumulative cash flow to return the cash a buyer invested

See the full laundromat glossary for all 78 terms.

The Next Step

Sources

This page is general information about laundromat transactions, not legal, tax, or investment advice, and not a guarantee of sale price, timing, or financing approval. Verify current rules with your own CPA, attorney, lender, and the relevant state or municipal agency before acting.