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
| Measure | Median | Mean |
|---|---|---|
| Gross revenue (2023) | $335,000 | $334,000 |
| Revenue per square foot | $120 | $125 |
| Store size | 2,740 sq. ft. | 2,850 sq. ft. |
| Machines | 62 | 67 |
| Washers | — | 36.5 |
| Dryer pockets | — | 30.4 |
| Space rented | 56% | — |
| Space owned | 44% | — |
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:
| Capacity | Mean 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 capacity | Minutes per $0.25 |
|---|---|
| 30 lb | 6.2 |
| 45 lb | 4.9 |
| 50 lb | 4.0 |
| 75 lb | 3.3 |
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:
- Count paid cycles over a defined period, from the payment system where one exists.
- Divide by installed washers and by days.
- Observe across different weekdays, including a first-of-month period and a weekend, because volume varies substantially.
- 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
| Line | Median | Mean | Note |
|---|---|---|---|
| Rent | 18% | 24% | CLA notes extreme responses raised the mean |
| Utilities | 20% | 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 comp | 27% | 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
| Measure | Result |
|---|---|
| Offered drop-off wash-dry-fold | 65% of respondents |
| Offered pickup and delivery | 38% |
| Served at least one commercial account | 51% |
| 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 2023 | 60% |
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 accepted | Share of respondents |
|---|---|
| Quarters | 71% |
| Laundry cards | 42% |
| Credit / debit cards | 42% |
| Smartphone wallets | 25% |
| Proprietary mobile app | 25% |
| Quarter-only | 21% |
| Laundry-card-only | 12% |
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
| Measure | Result (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 multiple | 3.50x |
| Lower / upper quartile multiple | 2.72x / 4.50x |
| Median revenue multiple | 1.21x |
| Median days on market | 139 |
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
| Source | Figure | What it counts |
|---|---|---|
| CLA Industry Overview | ~29,500 coin laundries, ~$5B gross revenue | Locations, including stores without paid employees |
| Census CBP 2023, NAICS 812310 | 10,890 establishments, 41,351 employees, $1.090B payroll | Employer 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:
| Measure | Source | Use |
|---|---|---|
| Renter-occupied household share | ACS via Census Reporter | The most useful public demand screen |
| Median household income | ACS | Distinguishes self-service-led from service-led markets |
| Population | ACS | Scale, and the denominator for density |
| All-sector electricity price | EIA State Electricity Profiles 2024 | Context 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.
| Observation | Wrong conclusion | Right question |
|---|---|---|
| Revenue below $335,000 | The store is underperforming | What is its square footage and revenue per square foot? |
| Utilities at 26% of revenue | Costs are too high | Is there a leak, an inefficient heater, a bad rate structure — or is the revenue lower than represented? |
| Vend prices below the survey means | There is pricing headroom | What do the competitors within a mile charge? |
| Rent at 24% of revenue | The lease is bad | Is the rent high, or is the revenue low for the space? |
| 27% operating margin | This is the return | What is left after tax, debt service, owner labor, and a replacement reserve? |
| Above every benchmark | A great store | Is 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
- Coin Laundry Association, 2024 Laundry Industry Survey (377 owner respondents, 2023 operations) — https://member.laundryassociation.org/hubfs/IndustrySurvey24.pdf
- Coin Laundry Association, Industry Overview — https://laundryassociation.org/for-investors/industry-overview/
- BizBuySell, Laundromat and Coin Laundry Valuation Benchmarks, 2021-2025 closed sales — https://www.bizbuysell.com/learning-center/valuation-benchmarks/laundromats-coin-laundry/
- U.S. Census Bureau, 2023 County Business Patterns, NAICS 812310 — https://www.census.gov/data/datasets/2023/econ/cbp/2023-cbp.html
- U.S. Energy Information Administration, State Electricity Profiles 2024 — https://www.eia.gov/electricity/state/
- ENERGY STAR, Commercial Clothes Washers — https://www.energystar.gov/products/commercial_clothes_washers
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.