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
FranchiseMr. Appliance
Available Nationwide
$85,000
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
Johnathan Choe
TransWorld
Serving Los Angeles County, CA
Transworld Business Advisors is the world leader in the marketing and sales of businesses, mergers and acquisitions, and franchises. Whether you represent an acquisition-minded corporation or are personally interested in owning your own company or new franchise, Transworld Business Advisors offers the professional services that successfully bring buyers and sellers together. Transworld Business Advisors was founded in 1979 in South Florida and quickly grew into one of the largest business brokerage firms in the United States. With more than 300 offices in 49 of the United States and in 19 countries, Transworld Business Advisors is the global leader in helping our clients gain global reach while working with local offices that are owned and operated.
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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.
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