Bucks County, PA
$300,000
Bucks County, PA
$300,000
Inglewood, CA
$475,000
Berlin, NJ
$135,000
Suffolk County, NY
$695,000
Dana Point, CA
$995,000
REAL ESTATE INCLUDED
Cook County, IL
$650,000
Camden County, NJ
$365,000
Alpharetta, GA
$55,000
Johns Creek, GA
$55,000
Broward County, FL
$699,000
Available in Multiple Locations
$65,000
Washington, DC
$199,000
Miami, FL
$199,000
Gloucester County, NJ
$675,000
Winter Park, FL
$192,694
Hamilton County, OH
$450,000
Harold McGee
We Sell Group
Serving Travis County, TX
We are a part of a publicly traded international (24 countries and growing) commercial business brokerage and real estate sales organization so when you work with is you the local care and attention but the exposure of our massive network of professionals around the globe..
Baltimore, MD
$499,000
Toms River, NJ
$159,000
Palm Beach County, FL
$999,999
Jacksonville, FL
$175,000
Available Nationwide
$25,000
Yorba Linda, CA
$80,000
Chandler, AZ
$595,000
Montgomery County, PA
$350,000
Portland, OR
$39,000
Annapolis, MD
$200,000
Oakland County, MI
$675,000
Oakland County, MI
$675,000
Philadelphia, PA
$250,000
Essex County, MA
$230,000
Available in Multiple Locations
$50,000
New City, NY
$400,000
Denver, CO
$220,000
Marietta, GA
$260,000
Johns Creek, GA
$250,000
Available Nationwide
$35,000
Loganville, GA
$299,000
Mesa, AZ
$95,000
Louisiana
$55,000
Yorktown, VA
$50,000
La Mirada, CA
$70,000
Denver, CO
$195,000
REAL ESTATE INCLUDED
Dougherty County, GA
$3,995,000
REAL ESTATE INCLUDED
Beaumont, TX
$995,000
Jonathan Naguit
fiduciarRE
Serving King County, WA
Jonathan Naguit's mission is to help his clients in their acquisition and disposition of their business and/or real estate properties to bring the highest & best returns from their investments, and for real estate that serves you well either/both in tangible & intangible ways. For dispositions, his primary objective is to bring Sellers the highest price & the best terms achievable in the prevailing market, including exploring options to increase asset values for even better outcomes.
Pinellas County, FL
$275,000
Available in Multiple Locations
$250,000
Miami Beach, FL
$145,000
Elk Grove, CA
$215,000
Astoria, NY
$1,500,000
West Palm Beach, FL
$495,000
Cumberland, RI
$129,000
Charleston County, SC
$895,000
Brooklyn, NY
$160,000
Jamaica, NY
$265,000
Delaware County, PA
$220,000
Available in Multiple Locations
$50,000
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.
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