Utility Ratio

Utility ratio is utilities expressed as a percentage of gross revenue. It is used as a screening benchmark: a figure far above the norm signals a leak, an inefficient water heater, an unfavorable machine mix, or revenue lower than represented.

Why Utility Ratio Matters in a Laundromat Sale

Utilities ran a median 20% of gross revenue and a 21% mean among CLA survey respondents in 2023, and were the most-cited operator problem, selected by 53% (Source: CLA 2024 Laundry Industry Survey). A store above 25% has a cause worth identifying before purchase, and the cause matters: a fixable leak is a negotiating item, an unfavorable rate structure is a permanent condition, and overstated revenue is a reason to walk.

Example

A store reports $290,000 of revenue and $81,000 of utilities — 27.9%. Investigation finds a running toilet and a water heater cycling continuously. Repairs cut the ratio to 22%, worth roughly $17,000 a year of earnings and about $60,000 of value at 3.5x.

What to Check

  • Compute it from original bills, not from a seller's summary.
  • Investigate any store above 25% before pricing it.
  • Distinguish a fixable cause from a permanent rate structure.

Where This Comes Up

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.