Jackson County, GA
$600,000
Jackson County, GA
$600,000
Canton, MI
$300,000
REAL ESTATE INCLUDED
Providence County, RI
$600,000
Saint Louis, MO
$499,000
Woodbridge, VA
$350,000
REAL ESTATE INCLUDED
Ohio
$5,300,000
Atlanta, GA
$530,000
Plymouth, MI
$50,000
Lane County, OR
$595,000
Middlesex County, MA
$80,000
Available in Multiple Locations
$50,000
Anne Arundel County, MD
$495,000
Santa Clara, CA
$75,000
Tippecanoe County, IN
$620,000
Cherry Hill, NJ
$400,000
Las Vegas, NV
$600,000
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..
Roseville, CA
$199,000
Woodstock, GA
$150,000
Kings County, NY
$1,300,000
Canton, GA
$200,000
Available in Multiple Locations
$60,000
Plymouth, MI
$300,000
Snohomish County, WA
$150,000
Chandler, AZ
$179,000
Hall County, GA
$359,000
Dutchess County, NY
$175,000
San Rafael, CA
$149,000
Johns Creek, GA
$300,000
Suffolk County, NY
$120,000
Wilmington, DE
$80,000
Available in Multiple Locations
$150,000
Easton, MA
$67,000
Pontiac, MI
$285,000
Poughkeepsie, NY
$180,000
Plymouth County, MA
$118,000
Available Nationwide
$105,000
Brockton, MA
$370,000
Maywood, NJ
$629,000
Boston, MA
$98,000
REAL ESTATE INCLUDED
Plano, TX
$3,200,000
Macomb County, MI
$199,000
Macomb County, MI
$199,000
Westborough, MA
$75,000
Marlboro, NJ
$450,000
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.
Sandy Springs, GA
$400,000
Available in Multiple Locations
$75,000
Houston, TX
$100,000
Newhall, CA
$100,000
REAL ESTATE INCLUDED
Warner Robins, GA
$650,000
Media, PA
$129,000
Los Angeles, CA
$598,000
Atlanta, GA
$100,000
Hampton, VA
$50,000
North Kingstown, RI
$80,000
Lakewood, CO
$68,000
Available Nationwide
$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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