Laundromat Benchmarks: Turns, Vend Prices, Utilities, Margin

Laundromat benchmarks from the CLA's 2024 survey of 377 owner-operators, reporting 2023 operations: $335,000 median gross revenue, $120 revenue per square foot, 2,740 square feet, 62 machines, utilities at 20% of revenue, rent at 18%, and 27% operating profit before tax, debt service, and owner compensation.

Key takeaways

  • Median store: $335,000 revenue, 2,740 sq. ft., 62 machines, $120 per square foot (Source: CLA 2024 Laundry Industry Survey).
  • Utilities 20% of revenue, rent 18%, payroll 20% among stores with payroll; 27% operating profit before tax, debt, and owner pay.
  • No universal turns-per-day benchmark exists. Establish a store's own figure by observation.
  • Vend prices rise with capacity: $3.57 at 18-24 lb up to $12.22 at 90-100 lb, as 2023 means.
  • Benchmarks are a comparison, not a target. They come from a voluntary trade survey, not a census.

What These Numbers Are

Everything on this page comes from named, retrievable sources, and the qualifications matter as much as the figures.

The CLA's 2024 Laundry Industry Survey was fielded to operators in PlanetLaundry's circulation and reports 377 respondents who owned at least one self-service store, describing 2023 operations. It is a trade survey of engaged operators, not a probability sample of every U.S. store. It will skew toward operators who read industry publications and respond to surveys, which is a meaningfully different population from all laundromat owners.

BizBuySell's benchmarks cover 855 laundromat and coin-laundry sales reported to that platform over the five years ended 2025. Those are transactions reported to one marketplace, not every U.S. sale, and stores that come to market skew smaller than the surveyed operator base.

Census County Business Patterns counts employer establishments in NAICS 812310, a category titled Coin-Operated Laundries and Drycleaners that excludes businesses with no paid employees.

Use them to notice when a specific store is unusual and to ask why. Do not use them as targets, and do not blend them.

Store Profile

MeasureMedianMean
Gross revenue (2023)$335,000$334,000
Revenue per square foot$120$125
Store size2,740 sq. ft.2,850 sq. ft.
Machines6267
Washers36.5
Dryer pockets30.4
Space rented56%
Space owned44%

Source: CLA 2024 Laundry Industry Survey.

Revenue per square foot is the most portable of these. Store size varies enormously, and revenue alone tells you little without it. A 4,200 square-foot store doing $335,000 is a materially weaker business than a 2,100 square-foot store doing the same, and the per-square-foot figure surfaces that immediately.

The 56% rented figure is why lease term dominates so much of the discussion on this site.

Vend Prices

Mean 2023 washer vend prices by capacity:

CapacityMean vend price
18-24 lb$3.57
30-35 lb$5.00
40-49 lb$6.32
50-60 lb$8.16
75-80 lb$10.75
90-100 lb$12.22

Dryers were most often priced on time. Mean minutes per $0.25:

Pocket capacityMinutes per $0.25
30 lb6.2
45 lb4.9
50 lb4.0
75 lb3.3

Source: CLA 2024 Laundry Industry Survey.

Two uses. Screening: a store priced well below these means either has unexercised pricing room or is defending against a nearby competitor — find out which before assuming the first. Modeling: these feed the physical revenue ceiling calculation, where a weighted average vend price across the actual machine mix bounds what a store can possibly produce.

Turns Per Day

Turns per day is paid washer cycles divided by installed washers and days measured. It is the metric that converts machine count into revenue capacity.

There is no universal national benchmark, and this page will not manufacture one. The Coin Laundry Association describes TPD as the standard equipment-performance metric but does not publish a single national figure on its public overview. Numbers circulating online as "the industry standard" are generally repeated rather than sourced.

Establish a store's own figure:

  1. Count paid cycles over a defined period, from the payment system where one exists.
  2. Divide by installed washers and by days.
  3. Observe across different weekdays, including a first-of-month period and a weekend, because volume varies substantially.
  4. Record which machines were out of service each time.

Then use it as a bound: machines × capacity × vend price × turns × 365 gives a ceiling that claimed revenue cannot exceed. That test has ended more overstated revenue claims than any document review.

Cost Structure

LineMedianMeanNote
Rent18%24%CLA notes extreme responses raised the mean
Utilities20%21%The most-cited operator problem, at 53%
Payroll (stores with payroll only)20%22%Excludes stores without payroll
Operating profit before tax, debt, owner comp27%26%Not a return
Non-management attendant wage (2023)$15.57/hr$15.34/hr

Source: CLA 2024 Laundry Industry Survey.

Occupancy cost is the line that is hardest to change after purchase, because it is set by a lease. All-in cost per square foot, including CAM, taxes, and insurance, is the comparable figure — not base rent.

Utilities deserve a specific caution: electricity has a published state benchmark, with the EIA reporting a 12.94 cents/kWh U.S. all-sector average for 2024 and wide state variation. Water and sewer have no equivalent, because they are set by the local utility, and sewer is frequently billed as a multiple of metered water. That makes state averages useless for underwriting a specific store.

Service Mix

MeasureResult
Offered drop-off wash-dry-fold65% of respondents
Offered pickup and delivery38%
Served at least one commercial account51%
Median drop-off WDF price$1.50 per pound
Median price including pickup/delivery$1.90 per pound
Reported WDF customer levels up 2022 to 202360%

Source: CLA 2024 Laundry Industry Survey.

The $0.40 spread between drop-off and delivery-inclusive pricing has to cover the entire route cost: vehicle, driver time, software, bags, claims, and rewash. See wash-and-fold and delivery economics.

Payment Mix

Method acceptedShare of respondents
Quarters71%
Laundry cards42%
Credit / debit cards42%
Smartphone wallets25%
Proprietary mobile app25%
Quarter-only21%
Laundry-card-only12%

Multiple responses were allowed, so these percentages must not be added and the market must not be described as cashless. Most stores accept several methods.

Transaction Benchmarks

MeasureResult (855 sales, 2021-2025)
Median sale price$250,000
Median asking price$275,000
Median revenue$219,878
Median owner earnings$76,560
Median earnings multiple3.50x
Lower / upper quartile multiple2.72x / 4.50x
Median revenue multiple1.21x
Median days on market139

Source: BizBuySell Valuation Benchmarks, 2021-2025.

Note the gap between the survey's $335,000 median revenue and the transaction data's $219,878. Those describe different populations — engaged operators versus stores that came to market — and the difference is a reminder that "average laundromat" depends entirely on which average you mean.

Industry Scale

SourceFigureWhat it counts
CLA Industry Overview~29,500 coin laundries, ~$5B gross revenueLocations, including stores without paid employees
Census CBP 2023, NAICS 81231010,890 establishments, 41,351 employees, $1.090B payrollEmployer establishments only, mixed with dry cleaners

Never add these together, and never present CBP as the total number of laundromats.

Geographic Benchmarks

For comparing one market against another, Census County Business Patterns is the only dataset collected identically everywhere. The 2023 file reports employer establishments in NAICS 812310 by state and metro, which is a competition and supply signal rather than a store count — it excludes businesses with no paid employees and mixes in dry cleaners.

Alongside it, two demographic measures do most of the screening work:

MeasureSourceUse
Renter-occupied household shareACS via Census ReporterThe most useful public demand screen
Median household incomeACSDistinguishes self-service-led from service-led markets
PopulationACSScale, and the denominator for density
All-sector electricity priceEIA State Electricity Profiles 2024Context on one utility input; U.S. average was 12.94 cents/kWh

The state pages and metro pages on this site carry all four for 50 states and 80 metros, along with the qualifications each one requires.

The critical omission from that list: water and sewer rates, which have no comparable national dataset because they are set by thousands of individual utilities. Sewer is frequently billed as a multiple of metered water, which often makes it the largest single utility line in a laundromat. There is no substitute for pulling the serving utility's current commercial schedule for a specific address.

How to Use a Benchmark Properly

A benchmark is a prompt for a question, not a verdict.

ObservationWrong conclusionRight question
Revenue below $335,000The store is underperformingWhat is its square footage and revenue per square foot?
Utilities at 26% of revenueCosts are too highIs there a leak, an inefficient heater, a bad rate structure — or is the revenue lower than represented?
Vend prices below the survey meansThere is pricing headroomWhat do the competitors within a mile charge?
Rent at 24% of revenueThe lease is badIs the rent high, or is the revenue low for the space?
27% operating marginThis is the returnWhat is left after tax, debt service, owner labor, and a replacement reserve?
Above every benchmarkA great storeIs the revenue documented across independent sources?

That last row matters most. A store that beats every operating benchmark on numbers nobody can verify is not a good store — it is an unverified claim.

Benchmarks This Site Will Not Publish

Because no credible source supports them:

  • A national failure rate. Figures circulating online trace to other content pages, not to a dataset.
  • A universal turns-per-day standard. Establish it per store.
  • A national average water bill or sewer multiplier. Both are local.
  • A state-specific valuation multiple. No source produces one.
  • A single water-to-revenue ratio. The honest output of that analysis is a range.

Summary

Use these as comparisons, not targets, and keep the qualifications attached: a 377-respondent trade survey for operations, an 855-transaction marketplace dataset for prices, and Census establishment counts for geography. Revenue per square foot and utility share are the two most useful screens. Turns per day has to be observed rather than looked up. And where no credible number exists, the honest answer is that none exists.

The Next Step

Frequently Asked Questions

What is a good turns per day for a laundromat?

No credible source publishes one universal national benchmark, and this site will not invent one. The Coin Laundry Association describes turns per day as the standard equipment-performance metric without publishing a single national figure on its public overview. Establish a store's own figure by observation across different weekdays, then use it to bound theoretical revenue.

What are typical laundromat vend prices?

The CLA's 2024 survey reported mean 2023 washer vend prices of $3.57 for 18-24 lb, $5.00 for 30-35 lb, $6.32 for 40-49 lb, $8.16 for 50-60 lb, $10.75 for 75-80 lb, and $12.22 for 90-100 lb machines. Dryers were most often time-priced, with a mean 6.2 minutes per $0.25 for 30 lb pockets.

What percentage of revenue should utilities be?

A median 20% and a mean 21% among CLA survey respondents for 2023. A store materially above 25% has a specific cause worth identifying before purchase: a leak, an inefficient water heater, an unfavorable machine mix, a punitive rate structure, or revenue lower than represented.

How much revenue per square foot?

A $120 median and $125 mean among surveyed operators for 2023, against a 2,740 square-foot median store. It is a useful reasonableness check once you know a store's size and service mix, and a fast way to notice a revenue claim that does not fit the building.

Are these benchmarks a target?

They are a comparison, not a goal. They come from a voluntary trade survey of 377 owner-operators, which skews toward engaged operators, and they describe 2023. Use them to notice when a store is unusual and to ask why, not to conclude that a store above or below them is good or bad.

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.