Miami-Dade County, FL
$400,000

Miami-Dade County, FL
$400,000

Bergen County, NJ
$325,000

Norwood, MA
$90,000

South Pasadena, CA
$250,000
San Ramon, CA
$200,000
REAL ESTATE INCLUDED
La Plata County, CO
$1,700,000
Chester County, PA
$80,000
Placer County, CA
$185,000
Rock Hill, SC
$200,000
Acworth, GA
$349,000
Available in Multiple Locations
$50,000
Temple City, CA
$235,000
Boynton Beach, FL
$340,000
$159,000
Topeka, KS
Santa Fe Springs, CA
$185,000
San Diego County, CA
$625,000
Jill-Yeliv Adams
Infinity Franchise Connectors & Business Brokers
Serving Virginia Beach County, VA
Our mission is to help buyers and sellers achieve success in their business and in life. We offer professional expertise, reliable service and creative win-win solutions to small and mid-size business owners while striving to make the buy and sell a smooth and successful process. We get bdeals done and closed!
Powder Springs, GA
$80,000
Marietta, GA
$440,000
Roswell, GA
$100,000
Pasadena, CA
$275,000
Atlanta, GA
$180,000
Available Nationwide
$50,000
Oceanside, CA
$59,000
Salisbury, MD
$295,000
$295,000
Norwood, MA
New London County, CT
$149,000
Brooklyn, NY
$620,000
Roseville, CA
$185,000
Federal Way, WA
$180,000
Morro Bay, CA
$895,000
$165,000
Wilmington, DE
$750,000
Available in Multiple Locations
$60,000
Norfolk County, MA
$80,425
Norfolk County, MA
$353,157
$2,000,000
Delaware County, PA
Litchfield County, CT
$25,000
Jefferson County, LA
$290,000
Available Nationwide
$60,000
Prince Frederick, MD
$40,000
Suffolk County, NY
$185,000
Palm Springs, CA
$699,000
Memphis, TN
$700,000
Palm Beach County, FL
$695,000
Brigitte H
Keller William Realty Studio City
Serving Los Angeles County, CA
Brigitte H - 310 801 0705
Deer Park, NY
$440,000
Virginia
$120,000
$189,000
Selden, NY
Frederick, MD
$160,000
Suwanee, GA
$80,000
Available in Multiple Locations
$55,000
Burke, VA
$80,000
Salisbury, MD
$250,000
Montgomery County, PA
$150,000
Astoria, NY
$195,000
Corona, NY
$75,000
Decatur, GA
$420,000
Providence County, RI
$125,000
Miami, FL
$395,000
Cumming, GA
$200,000
Available Nationwide
$25,000
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, 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. All data is based on broker and business owner provided financial information.
Market Overview
| Number of Businesses Analyzed | 415 | 
| Median Asking Price | $247,250 | 
| Median Reported Revenue | $300,000 | 
| Median Reported Earnings | $125,691 | 
| Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. | |
Dry Cleaner Business Valuation Multiples
| Range | Revenue | Earnings (SDE) | 
| Lower Quartile | 0.60 | 1.58 | 
| Median | 0.78 | 2.22 | 
| Upper Quartile | 1.02 | 3.01 | 
| Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. | ||
Read the Report:
Dry Cleaning Business Valuation Multiples and Financial Benchmarks
FAQs
How much does it cost to buy a dry cleaning business?
The median asking price for a dry cleaning business is approximately $247,250. 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 report median annual sales of $300,000 and annual owner earnings of $125,691. 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. Dry cleaner revenue/sales multiples typically range from 0.60 to 1.02, with the median at 0.78. Earnings multiples range from 1.58 to 3.01, with the median at 2.22. These values suggest a typical dry cleaning business will sell for around 0.78 times its annual revenue, and 2.22 times its annual owner’s earnings.
More for Business Buyers:
Set Up Alerts and Notifications
Business Buyer Learning Center
More for Business Sellers: