Averaged across mapped laundromat parcels in Cleveland. Sources: WashBizHub location index, CLEANBI enrichment layer (U.S. Census ACS, Walk Score, parcel-level POI counts).
Neighborhood Demographics
Competitor Density vs OH Avg
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Renter density and population density are the two strongest CLEANBI signals for laundromat revenue. Both are pulled from the most recent U.S. Census ACS release.
Cleveland Laundromat Market Overview
Cleveland, OH has approximately 140 laundromats serving a population of 372,624 residents. With a 56% renter population and median household income of $30,907, Cleveland presents steady demand for laundromat services. Cleveland offers the lowest acquisition costs among major metros. High renter percentage and cold winters guarantee consistent demand.
Best Neighborhoods for a Laundromat in Cleveland
Clark-Fulton — Score this address with CLEANBI to see demographics and competition
Broadway-Slavic Village — Score this address with CLEANBI to see demographics and competition
Collinwood — Score this address with CLEANBI to see demographics and competition
Glenville — Score this address with CLEANBI to see demographics and competition
Old Brooklyn — Score this address with CLEANBI to see demographics and competition
How to Evaluate a Cleveland Laundromat Before Buying
Step 1: Score the location — Run the address through CLEANBI Explorer for a 17-factor analysis including demographics, competition, traffic, and revenue projections. Step 2: Analyze the financials — Use the ROI Calculator to model cap rate, cash-on-cash return, and payback period. Step 3: Inspect equipment — Use Equipment Vault to appraise every machine by serial number. Step 4: Check funding — Get matched to SBA, equipment financing, or working capital through our funding partners.
FAQs: Buying a Laundromat in Cleveland
How much does a laundromat cost in Cleveland?
Laundromats for sale in Cleveland, OH typically list for $80,000-$200,000. Prices vary based on equipment age, location, lease terms, and revenue. Average annual revenue for mid-size stores is $80,000-$180,000.
Is Cleveland a good market for buying a laundromat?
Cleveland has a 56% renter population and approximately 140 laundromats serving 372,624 residents. Cleveland offers the lowest acquisition costs among major metros. High renter percentage and cold winters guarantee consistent demand.
What should I look for when buying a laundromat in Cleveland?
Key factors for Cleveland: lease terms (minimum 10 years remaining), equipment age (under 10 years ideal), utility costs (20-28% of revenue target), neighborhood renter density, parking availability, and competitive proximity. Run every location through CLEANBI’s 17-factor analysis before committing capital.
How many laundromats are for sale in Cleveland, OH right now?
There are no active for-sale listings in Cleveland on WashBizHub right now. Set a free Deal Alert and we'll email you the moment a new listing matches your buy box.
What's the average CLEANBI score for Cleveland laundromats on the market?
We don't have enough CLEANBI-scored listings in Cleveland yet to publish an average. You can still score any specific address yourself with CLEANBI Explorer in under 60 seconds.
What does a laundromat cost per square foot in Cleveland?
We don't have enough square-footage data on Cleveland listings to publish a median yet. Use the Valuation Calculator to model any specific deal once you have the listing details.
Is Cleveland a competitive market for laundromat buyers?
Run any specific Cleveland address through CLEANBI Explorer to see competition, demographics, and a 17-factor location score in under 60 seconds.
By Nick Kremers — Founder, WashBizHub. Third-generation laundromat operator. Reviewed by the WashBizHub editorial team.