Whittier, CA
$160,000

Whittier, CA
$160,000

San Francisco County, CA
$176,000

Livermore, CA
$349,000

Glendora, CA
$375,000
Santa Clara County, CA
$150,000
Albany, CA
$189,000
Los Angeles, CA
$179,000
La Mirada, CA
$85,000
Los Angeles County, CA
$40,000
Los Angeles County, CA
$120,000
Available in California
$150,000
Newport Beach, CA
$425,000
Los Angeles County, CA
$160,000
$290,000
San Gabriel, CA
San Diego County, CA
$580,000
San Francisco, CA
$249,000
Giti Majdy & Kian Kakavand
Transworld Business Advisors - San Jose South
Serving Santa Clara County, CA
· For over forty years, Transworld has specialized in the sale of businesses · Ranked #1 in the industry by Entrepreneur Magazine every year since 2012 · Maintains an inventory of over 5,000 current and exclusive business listings at any time throughout the system. · Network of over 850 Transworld Brokers working for YOU! · 250+ Offices Worldwide · Working with us gives you access to the largest network, the most experienced team, and the most opportunities when buying or selling a business with us · Over 400,000 buyers in our database, the largest network in the industry! · The Transworld Sales Process has been used to consummate over 15,000 deals. · We spend more $$ marketing our listings than anyone else!
Silver Lake, CA
$229,000
Van Nuys, CA
$119,000
West Hills, CA
$149,000
Mountain View, CA
$349,000
Los Angeles County, CA
$230,000
Available in California
$500,000
Inglewood, CA
$475,000
Elk Grove, CA
$215,000
Roseville, CA
$199,000
Newhall, CA
$100,000
Los Angeles, CA
$598,000
Pleasant Hill, CA
$25,000
Glendale, CA
$105,000
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 California, 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 |
73 |
|
Median Asking Price |
$190,000 |
|
Median Reported Revenue |
$276,000 |
|
Median Reported Earnings |
$96,000 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
California Dry Cleaner Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.56 |
1.39 |
|
Median |
0.73 |
2.08 |
|
Upper Quartile |
0.90 |
2.77 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
Read the Report:
Dry Cleaning Business Valuation Benchmark Report
FAQs
How much does it cost to buy a dry cleaning business in California?
The median asking price for a dry cleaning business in California is approximately $190,000. 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 California report median annual sales of $276,000 and annual owner earnings of $96,000. 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 California, dry cleaner revenue/sales multiples range from 0.56 to 0.90, with the median at 0.73. Earnings multiples range from 1.39 to 2.77, with the median at 2.08. These values suggest a typical California dry cleaning business will sell for around 0.73 times its annual revenue, and 2.08 times its annual owner’s earnings.
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