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 Nationwide
$250,000
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
Breeze Singh
HomeSmart ICARE Realty
Serving Sacramento County, CA
Team Singh is the ideal choice for commercial and business sales in California, offering unparalleled industry expertise, strategic insight, and a commitment to client success. With over nine years of real estate experience, the team has expertly navigated complex transactions for small businesses to large commercial properties. As one of California’s top-performing real estate groups, Team Singh consistently delivers results that exceed client expectations even in challenging markets. The team's strengths are enhanced by its diverse educational background, with members holding advanced degrees such as MBAs in Marketing and Human Resources. Fluent in English, Hindi, and Punjabi, the team effectively serves a broad clientele, ensuring seamless communication and personalized service. Their skill in business acquisitions, property evaluations, and lease negotiations is complemented by a focus on providing custom solutions to meet every client’s unique goals. Team Singh’s strong network of investors, developers, brokers, and business leaders ensures smooth transactions and optimal outcomes. Team Singh’s dedication to exceptional service has earned accolades, such as recognition in HomeSmart International’s Top 50 Chairman’s Club and Rising Star honors by the Sacramento Association of Realtors (SAR). Leadership within industry organizations, including serving as SAR’s President-Elect, showcases Team Singh's influence and commitment to elevating professional standards, ethics, and client service. In California’s competitive market, Team Singh stands out as trusted advisors, skilled negotiators, and strategic partners. The team is dedicated to maximizing investment potential and delivering high-quality, personalized service tailored to each client’s business objectives. Choose Team Singh for your next commercial transaction to experience a combination of unmatched expertise, dedication, and results-driven service.
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 Nationwide
$50,000
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.
More for Business Buyers:
Set Up Alerts and Notifications
Business Buyer Learning Center
More for Business Sellers: