REAL ESTATE INCLUDED
Yucaipa, CA
$1,750,000
REAL ESTATE INCLUDED
Yucaipa, CA
$1,750,000
Delaware County, PA
$550,000
REAL ESTATE INCLUDED
West Branch, MI
$675,000
San Mateo County, CA
$1,500,000
Castro Valley, CA
$50,000
Nassau County, NY
$229,999
Erie, CO
$235,000
Palm Springs, CA
$180,000
Burlingame, CA
$150,000
Middlesex County, NJ
$800,000
Available in Multiple Locations
$200,000
REAL ESTATE INCLUDED
Killeen, TX
$699,999
Newport News, VA
$120,000
Springfield, NJ
$585,000
Benicia, CA
$250,000
Pequannock Township, NJ
Not Disclosed
Yusef Mijalli
Gentile Real Estate
Serving Fresno County, CA
At Gentile Commercial, we specialize in facilitating seamless business transactions for buyers and sellers. With a deep understanding of market trends, valuation, and negotiation, our team is dedicated to helping entrepreneurs transition smoothly, whether buying their first business or selling an established enterprise. We prioritize integrity, confidentiality, and personalized service to ensure each deal is tailored to meet the unique goals of our clients. From small businesses to larger enterprises, we guide our clients every step of the way, maximizing value and ensuring a successful outcome. Your business journey deserves expert support—let us be your trusted partner in navigating the complexities of buying or selling a business.
Houston, TX
$150,000
Springfield, VA
$250,000
Jupiter, FL
$900,000
Manassas, VA
$130,000
Available in Multiple Locations
$50,000
Cobb County, GA
$220,000
Agoura Hills, CA
$99,000
Orange County, CA
$135,000
Orange County, CA
$75,000
Chicago, IL
$299,500
Fremont, CA
$176,000
Norwood, MA
$90,000
Contra Costa County, CA
$550,000
Long Beach, CA
$210,000
Available in Multiple Locations
$60,000
Covina, CA
$105,000
Nassau County, NY
$259,000
Portland, OR
$470,000
Islip, NY
$205,900
Available in Multiple Locations
$110,000
DeKalb County, GA
$2,700,000
Carson, CA
$240,000
Lynbrook, NY
$700,000
Greenwich, CT
$120,000
Queens, NY
$119,000
Nassau County, NY
$650,000
San Lorenzo, CA
$450,000
Powder Springs, GA
$84,990
Jonathan Kim
HomePlus Realty Group LLC
Serving Fort Bend County, TX
Fremont, CA
$84,500
Available in Multiple Locations
$150,000
Kings County, NY
$620,000
Torrance, CA
$110,000
Santa Fe Springs, CA
$185,000
Marion County, OR
$125,000
Suwanee, GA
$250,000
Dunwoody, GA
$55,000
Morris County, NJ
$60,000
Crofton, MD
$650,000
Miami Gardens, FL
$350,000
Available in Multiple Locations
$50,000
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, 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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