Macomb County, MI
$139,000
Dry Cleaners For Sale
Industry Info
Dry Cleaners
Lenox 20yr Dry clean net $5000/m asking 180k
Atlanta, GA
$180,000
Asset SaleDry Cleaner in Prime Location Ready to Operate in Miami Lakes, FL
Miami Lakes, FL
$50,000
Asset SaleCoin-Operated Laundromat in North Orange County
La Habra, CA
$90,000
Asset SaleSewing By Linda Lee, LLC
Englewood, FL
$298,000
Asset SaleEstablished Dry Cleaning & Laundry Business with 4 Stores, Route Etc.
Sumter County, FL
$599,000
Asset SaleLaundromat in Hialeah 951 Palm Ave
Hialeah, FL
$399,000
Asset SaleGood location
Pleasant Hill, CA
$25,000
Asset SaleDry Cleaning Equipment Sale-Virginia
Virginia
$50,000
Asset SaleTurn-Key Dry Cleaning Business in Prime Brevard County
Brevard County, FL
$150,000
FranchiseThe Grounds Guys
Available Nationwide
$30,000
Asset SaleDry Cleaner – 2 Operating Locations + Growth Potential
Hialeah, FL
$159,000
Asset Sale1/2 rent IS SUPER CHEAP & asset sale!!
Portland, OR
$65,000
Asset SaleThriving Dry Cleaning Business for Sale – 38+ Years of Excellence
Essex County, MA
Not Disclosed
Asset SaleHigh Volume ,Profitable,Dry Cleaning,Alteration/Laundry in Large Mall.
Ocean County, NJ
$499,000
Real EstateLaundromat with 4 tenant Building
Arlington, TX
$4,300,000
Justin Dalton
First Choice Business Brokers
Serving Travis County, TX
Welcome to First Choice Business Brokers of Austin: Your Trusted Partner in Business Transactions At First Choice Business Brokers of Austin, we're more than just a brokerage firm - we're your dedicated partners in navigating the intricate world of buying and selling businesses. With a commitment to honesty, integrity, and hard work, we pride ourselves on delivering exceptional service to both buyers and sellers alike. What sets us apart? We're not afraid to shake up the industry with new and updated strategies and methods while staying true to our old-school values of putting clients first. This unique blend of innovation and tradition ensures that you receive the best of both worlds - cutting-edge solutions backed by time-tested principles. Whether you're ready to exit your business now or planning for a transition in the next three years, let First Choice Business Brokers of Austin be your guiding light through this often-once-in-a-lifetime experience. Our team of experienced professionals will work tirelessly to understand your unique needs and goals, crafting tailored solutions that maximize value and minimize stress. From strategic marketing and comprehensive valuations to meticulous negotiations and seamless transactions, we're with you every step of the way. Your success is our success, and we're fully invested in helping you achieve your objectives with confidence and peace of mind. Don't navigate the complexities of business transactions alone. Choose First Choice Business Brokers of Austin as your trusted partner, and let's embark on this journey together. Contact us today to schedule a confidential consultation and take the first step toward realizing your business dreams.
Contact me
Real EstateDry cleaner and Alteration with property in prime location
Livingston, NJ
$2,200,000
Start-upA Great Opportunity to Start Your own Dry Cleaning Business
$149,900
Buy or Sell a Dry Cleaning Business
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.
More for Business Buyers:
Set Up Alerts and Notifications
Business Buyer Learning Center
More for Business Sellers:
