Spring Lake, NJ
Seize this unique opportunity to own a well-established, highly profitable dual business in a prime location with a phenomenal reputation in its community! This turnkey operation combines a successful...

Spring Lake, NJ
Seize this unique opportunity to own a well-established, highly profitable dual business in a prime location with a phenomenal reputation in its community! This turnkey operation combines a successful...
$775,000

Union County, NJ
This well-established dry cleaning business has been successfully operating for over 17 years in a busy, high-traffic area. The plant services multiple drop stores and has built a strong reputation...
$285,000

Somerset County, NJ
Newly Listed! Beautiful dry cleaners for sale! This gorgeous dry cleaning business is run ABSENTEE. Brand new boiler that cost $35k. Turn key business that has room to double its capacity. This...
$699,000
Cash Flow: $168,000

Mercer County, NJ
Profitable dry cleaner in a shopping center, where there are many WELL-KNOWN national stores. The current business is returning to its pre-COVID level....
$250,000
Cash Flow: $137,000
Pequannock Township, NJ
Not Disclosed
Bergen County, NJ
$325,000
Atlantic County, NJ
$700,000
Clark, NJ
$450,000
Union County, NJ
$155,000
Passaic County, NJ
$450,000
Available Nationwide
$50,000
Camden County, NJ
$50,000
Bergen County, NJ
$950,000
Summit, NJ
$240,000
Monmouth County, NJ
$350,000
Middlesex County, NJ
$120,000
Penny Papaioannou
Atlantic Business Brokers
Serving Camden County, NJ
Atlantic Business Broker: Your Trusted Partner in Selling Your Business Your Partner for Selling Businesses Since 2006 in New Jersey, Pennsylvania, and Delaware Don’t Wait — Call Us Today! Schedule your free consultation now and let us handle your business sale with the expertise and professionalism you deserve. Your Partner for Selling Businesses in New Jersey, Pennsylvani At Atlantic Business Broker, we specialize in helping New Jersey, Pennsylvania, and Delaware business owners achieve successful, seamless sales with efficiency and confidence. With deep local expertise, a comprehensive network of qualified buyers, and data-driven strategies, we deliver the best outcomes for our clients. Why Choose Atlantic Business Broker? Local Expertise You Can Trust With over a decade of experience in the New Jersey, Pennsylvania, and Delaware markets, our team understands the unique challenges and opportunities in the region. From valuation to closing, we guide you through every step, positioning your business to attract the right local and regional buyers. Extensive Buyer Network Our vast network includes serious, qualified buyers across a variety of industries within the tri-state area. This ensures your business receives attention from the right prospects, leading to faster sales and stronger offers. Commitment to Confidentiality Your privacy matters. We handle every transaction with utmost discretion, safeguarding your business’s reputation and ensuring minimal disruption to daily operations. Tailored Marketing Strategies We create customized marketing plans that showcase your business’s unique strengths, helping it stand out to buyers in New Jersey, Pennsylvania, and Delaware and nationally. If you’re a business owner in New Jersey, Pennsylvania, or Delaware, now is the perfect time to sell. Contact Atlantic Business Broker today to schedule your free consultation and discover how we can help you achieve your business goals.
Cape May County, NJ
$150,000
Monmouth County, NJ
$600,000
Atlantic Highlands, NJ
$175,000
Merchantville, NJ
$40,000
Cherry Hill, NJ
$100,000
Available in New Jersey
$150,000
Sicklerville, NJ
$100,000
Berlin, NJ
$135,000
Camden County, NJ
$400,000
Toms River, NJ
$150,000
Cherry Hill, NJ
$400,000
Maywood, NJ
$629,000
Marlboro, NJ
$450,000
Maple Shade, NJ
$200,000
Pemberton Township, NJ
$2,000
Ocean County, NJ
$499,000
Available in New Jersey
$100,000
Livingston, NJ
$2,200,000
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 New Jersey, 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 |
25 |
|
Median Asking Price |
$230,750 |
|
Median Reported Revenue |
$348,599 |
|
Median Reported Earnings |
$160,000 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
New Jersey Dry Cleaner Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.61 |
1.42 |
|
Median |
0.78 |
2.22 |
|
Upper Quartile |
0.95 |
2.57 |
|
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 in New Jersey?
The median asking price for a dry cleaning business in New Jersey is approximately $230,750. 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 New Jersey report median annual sales of $348,599 and annual owner earnings of $160,000. 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 New Jersey, dry cleaner revenue/sales multiples range from 0.61 to 0.95, with the median at 0.78. Earnings multiples range from 1.42 to 2.57, with the median at 2.22. These values suggest a typical New Jersey 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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