Santa Cruz County, CA
Two incredible locations, fully optimized dry cleaner specializing in nontoxic, green services and recognized member of the community. Best of Awards for the last 10 years. Numerous contracts in place...
$975,000
Cash Flow: $261,283
Los Angeles County, CA
This is a rare opportunity to own a CENTURY old Dry Cleaner & Plant, very well established in a high traffic area in San Fernando Valley, years of loyal repeat customer base, offers full service, Dry...
$450,000
Cash Flow: $160,000
San Diego, CA
Seller motivated and open to offers! This established eco-friendly cleaners, alterations, wash&fold, and laundry service business. They have a dedicated team who can run the business on their own, of...
$360,000
Sacramento County, CA
In 1978, the owners began their dry cleaning and laundry business in Sacramento. After numerous years of operations in the same building in which they started their business, they purchased land and...
$100,000
Cash Flow: $24,422
Riverside, CA
Don’t miss this excellent opportunity to own a well-established, full-service dry cleaning business in a high-visibility shopping center in Riverside. This business has been operating successfully for...
$160,000
Contra Costa County, CA
Long established Agency dry cleaner business for sale in Contra Costa County. Seller has been in the business 28 years and is ready to retire. No employees since Covid, owner-operator does it all....
$99,000
Cash Flow: $46,031
San Mateo County, CA
Net $80,000/ year This is a rare opportunity to own a well-established dry cleaning business in a highly desirable area of San Mateo County. Located in a small, busy strip mall surrounded by...
$135,000
Highland, CA
High performing dry cleaners for sale in a popular shopping center with high visibility. This location averages over 230 pieces a day! Here is what is included in the sale : 2 laundry pressing...
$600,000
Cash Flow: $284,400
Palm Springs, CA
Regal Cleaners is in a prime location in a busy center on the corner of Tahquitz Canyon and Sunrise Way. There is convenient parking for their clients directly in front of the business. Their dry...
$525,000
Cash Flow: $226,000
Los Angeles, CA
This is your opportunity to own a very well established Dry Cleaners with Plant and alteration business in a prime area of Sherman Oaks on a very high visibility shopping center. After 50 years in...
$449,000
Cash Flow: $155,000
Available in California
JOIN OUR TOP-RANKED EDUCATION FRANCHISE. Take advantage of the limited-time $19,000 Discounted Franchisee Initial Fee (valued at $36K) for new franchise owners!
$110,000
See More FranchisesLos Angeles, CA
MORE® is pleased to present an established, full-service dry cleaning business for sale in the heart of Sherman Oaks. Operating at the same location for over 25 years, Rainbow Cleaners offers a...
$165,000
Woodland Hills, CA
Over 20 years in Woodland Hills serving the community with exceptional dry cleaning and laundry services as an agency. This location utilizes their own Plant and Full Service Dry cleaner located in...
$400,000
Los Osos, CA
Step into the dry-cleaning industry with this established dry-cleaning plant, serving the local community since the early 1990s. This is a well equipped facility with high-value equipment included in...
$20,000
Cash Flow: $1,000
Santa Clara County, CA
High Volume dry cleaners Business with Plant for sale in a popular shopping center in the heart of city. Very with high visibility. Great repeat client base for continued profitability. Easy client...
$840,000
Cash Flow: $373,338
Westlake Village, CA
$350,000
Michael Wildeveld - CBB, CBI, CM&AP, M&AMI, CEPA
Veld Mergers & Acquisitions
Serving Los Angeles County, CA
We strive to help our clients realize their unique definition of success. To achieve this, our team provides a comprehensive service offering aimed at supporting lower middle market business owners at nearly all stages of their company’s lifecycle. Our team has supported over 2,000 clients since 2002 and completed more than 1,150 transactions. This experience, coupled with our history as founders, owners and operators ourselves provides our team with an unparalleled practical knowledge base and real world perspective that is aligned with our clients. When we provide mergers & acquisitions advisory services, explore capital sourcing and deployment options, evaluate valuation drivers or structure a realistic exit plan, we do so knowing that our clients rely on us to help manage what may be their largest asset and the culmination of years of extraordinary efforts. If our client has an interim leadership need, we approach the assignment as if it were our business, reputation, investment and our future retirement at stake – because ultimately it is. The value we provide and the quality of our efforts will make or break a successful engagement. In doing so we are not only able to capitalize on each of our management experiences, but we are also able to draw from best practices learned from working with thousands of clients across all industry sectors. As a result our perspective is broad and our resource base is vast. Our full service approach supports the notion that your business is more than just a transaction to you and us, it’s our business too. Your success translates into our success, just as we shoulder the burden of any failure. As a result we consider ourselves to not only be our client’s solutions advisor, but also their partner.
Long Beach, CA
$80,000
San Diego County, CA
$450,000
Lake Forest, CA
$445,000
San Jose, CA
$250,000
Fair Oaks, CA
$85,000
Available in California
$50,000
Contra Costa County, CA
$550,000
Long Beach, CA
$230,000
REAL ESTATE INCLUDED
Solano County, CA
$2,650,000
Santa Rosa, CA
$495,000
Palmdale, CA
$150,000
REAL ESTATE INCLUDED
San Francisco County, CA
$361,095
Santa Fe Springs, CA
$185,000
Pasadena, CA
$275,000
Union City, CA
$349,000
San Bernardino County, CA
$180,000
Available Nationwide
$40,000
Santa Clara County, CA
$179,500
Diamond Bar, CA
$235,000
Santa Clara County, CA
$179,500
Thousand Oaks, CA
$350,000
Pasadena, CA
$50,000
Available Nationwide
$50,000
Sacramento, CA
$235,000
Whittier, CA
$160,000
San Francisco County, CA
$176,000
San Diego County, CA
$79,000
Alameda County, CA
$79,500
Jean Paul Schwarz
The Schwarz Group
Serving San Diego County, CA
We specialize in representing domestic and international clientele. We offer our clients unique, specialized and comprehensive services. We provide our clients during the buying, selling and investing process, with the knowledge needed to make educated real estate decisions. We have developed strong working relationships with top lenders who specialize in domestic lending and foreign national investments. We work with a large network of vendors that will cater to your specific needs from interior and exterior design to renovation and commercial build-outs. We are here to walk you through all aspects of the transaction process.
Glendora, CA
$375,000
Santa Clara County, CA
$150,000
Albany, CA
$189,000
Los Angeles County, CA
$215,000
Los Angeles, CA
$179,000
Available Nationwide
$100,000
La Mirada, CA
$85,000
Los Angeles County, CA
$55,000
Los Angeles County, CA
$120,000
Los Angeles County, CA
$70,000
Los Angeles County, CA
$180,000
Available in California
$100,000
Dry cleaners are a core business in any community. They treat our most expensive clothes and fabrics and are a regular stop for most people. As a business, owners enjoy relatively stable income, but there are fairly high up-front capital requirements. The expense of the initial set-up makes buying and selling established dry cleaning businesses popular.
If you are looking to buy or sell a dry cleaner business in California, it helps to have some context on the market, and to understand how they are valued. Below, we have aggregated financial data from current and recent listings to provide some benchmarks on valuation and financial performance of dry cleaning businesses in the state. All data is based on broker and business owner provided financial information.
Market Overview
|
Number of Businesses Analyzed |
73 |
|
Median Asking Price |
$190,000 |
|
Median Reported Revenue |
$276,000 |
|
Median Reported Earnings |
$96,000 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
California Dry Cleaner Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.56 |
1.39 |
|
Median |
0.73 |
2.08 |
|
Upper Quartile |
0.90 |
2.77 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
Read the Report:
Dry Cleaning Business Valuation Benchmark Report
FAQs
How much does it cost to buy a dry cleaning business in California?
The median asking price for a dry cleaning business in California is approximately $190,000. However, this can vary significantly depending on the size, location, and financial performance of the store.
How much do dry cleaner owners earn?
On average, dry cleaner owners in California report median annual sales of $276,000 and annual owner earnings of $96,000. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.
How do I value a dry cleaning business?
Valuing a dry cleaning business involves considering several factors, including annual revenue, profit margins, and market conditions. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. In California, dry cleaner revenue/sales multiples range from 0.56 to 0.90, with the median at 0.73. Earnings multiples range from 1.39 to 2.77, with the median at 2.08. These values suggest a typical California dry cleaning business will sell for around 0.73 times its annual revenue, and 2.08 times its annual owner’s earnings.
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