Westlake Village, CA
$350,000
Westlake Village, CA
$350,000
Powder Springs, GA
$59,000
Nassau County, NY
$400,000
Flushing, NY
$495,000
Norwood, MA
$125,000
Pennsauken, PA
$100,000
Mississauga, ON
$649,000
Gilbert, AZ
$180,000
Acworth, GA
$700,000
Columbia County, OR
$120,000
Available in Multiple Locations
$75,000
Lawrenceville, GA
$75,000
Idaho Falls, ID
$299,000
$159,000
Topeka, KS
Cumberland County, NC
$160,000
Atlanta, GA
$80,000
Alfredo Gonzalez
NEGOCIOS EN FLORIDA
Serving Miami-Dade County, FL
Business in Florida was born as an organization aimed at promoting the multiple advantages that the State of Florida has for people and institutions that wish to settle and invest in the “Sunshine State”. In our organization, we have a team of professionals with a high level of specialization in the sale of ongoing businesses, franchises, commercial real estate, and residential properties. Our associates are perfectly bilingual in Spanish and English; are licensed in real estate in the state of Florida, and are active members of the Association of Realtors™ and the Florida Association of Business Brokers (BBF). www.businessinflorida.com Spanish-Espanol: Negocios en Florida nace como una organización destinada a promover las múltiples ventajas que el Estado Florida tiene para las personas e instituciones que deseen radicarse e invertir en el “Estado del Sol”. En nuestra organización contamos con un equipo de profesionales de alto nivel de especialización en la venta de negocios en marcha, franquicias, inmuebles comerciales y propiedades residenciales. Nuestros asociados son perfectamente bilingües en español e inglés; son licenciados en real estate en el estado de Florida; y miembros activos de la Asociación de Realtors™ y de la Asociación de Corredores de Negocios de Florida (BBF). www.negociosenflorida.com
Knox County, TN
$795,000
Denver, CO
$99,000
Mecklenburg County, NC
$261,500
Great Neck, NY
$395,000
Henderson, NV
$99,000
Available in Multiple Locations
$200,000
Duluth, GA
$70,000
REAL ESTATE INCLUDED
Cheyenne, WY
$725,000
$700,000
Littleton, CO
Bend, OR
$525,000
Long Beach, CA
$80,000
Queens, NY
$395,000
Charlotte County, FL
$250,000
San Diego County, CA
$450,000
Suffolk County, NY
$70,000
Miami, FL
$375,000
Available Nationwide
$30,000
Englewood, CO
$250,000
Rochester Hills, MI
$85,000
$2,000,000
Delaware County, PA
Salisbury, MD
$250,000
Oakland County, MI
$315,000
Available in Multiple Locations
$30,000
Oakland County, MI
$315,000
Lake Forest, CA
$445,000
San Jose, CA
$250,000
Westminster, CO
$80,000
Hampstead, MD
$75,000
Khaled Azar
Livmo
Serving San Diego County, CA
We intimately understand the exhilaration of building a vision from scratch and growing a thriving tech business. Having walked in your shoes, we appreciate the complexities involved in marketing and selling a company. Our team of former founders, developers, and technologists speak your language and will help you navigate the intricacies of a transaction. With decades of hands-on experience, we’ll make sure your life’s work is valued accurately so you can look ahead to that next big idea.
Dallas County, TX
$125,000
Tarrant County, TX
$190,000
$189,000
Selden, NY
Federal Heights, CO
$220,000
Ouachita County, LA
$900,000
Available Nationwide
$50,000
Fair Oaks, CA
$85,000
Contra Costa County, CA
$550,000
Long Beach, CA
$230,000
REAL ESTATE INCLUDED
New Haven County, CT
$480,000
Wayne, PA
$500,000
Washington, DC
$225,000
REAL ESTATE INCLUDED
Solano County, CA
$2,650,000
Santa Rosa, CA
$495,000
Louisville, TN
$750,000
Available Nationwide
$75,000
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: