Bend, OR
Cascade Cleaners is a well-established dry cleaning business with three strategic locations serving the Bend area since 1997. As one of only three dry cleaning businesses in Bend, Cascade Cleaners...
$450,000

Bend, OR
$450,000

Santa Clara County, CA
$50,000

Manassas, VA
$130,000

Kennesaw, GA
$220,000
Westminster, CO
$80,000
Annandale, VA
$290,000
Hallandale Beach, FL
$699,000
Littleton, CO
$249,000
Golden, CO
$250,000
REAL ESTATE INCLUDED
Denton County, TX
$3,850,000
Available Nationwide
$50,000
Bronx, NY
$1,800,000
Palm Beach Gardens, FL
$950,000
Contra Costa County, CA
$550,000
Long Beach, CA
$225,000
Portland, OR
$25,000
Young Woo
YIBROKER
Serving Gwinnett County, GA
YIBROKER, we use decades of experience and industry reputation to help you find the business investment you're looking for. We are committed to assisting our clients find their next investment with custom-tailored deals.
Aventura, FL
$310,000
Miami-Dade County, FL
$400,000
Bergen County, NJ
$325,000
Norwood, MA
$90,000
Available in Multiple Locations
$50,000
South Pasadena, CA
$250,000
Chester County, PA
$80,000
Placer County, CA
$185,000
Rock Hill, SC
$250,000
Acworth, GA
$349,000
Boynton Beach, FL
$340,000
Santa Fe Springs, CA
$185,000
San Diego County, CA
$625,000
Powder Springs, GA
$80,000
Available in Multiple Locations
$50,000
Pasadena, CA
$275,000
Atlanta, GA
$180,000
Oceanside, CA
$59,000
Salisbury, MD
$295,000
Available in Multiple Locations
$65,000
New London County, CT
$149,000
Brooklyn, NY
$620,000
Platte County, MO
$270,593
Federal Way, WA
$300,000
Morro Bay, CA
$950,000
$165,000
Wilmington, DE
$450,000
Norfolk County, MA
$80,425
Alex Sanchez
Realty One Group
Serving Orange County, CA
Norfolk County, MA
$353,157
Available Nationwide
$45,000
Westchester County, NY
$390,000
Nassau County, NY
$205,000
Litchfield County, CT
$25,000
Jefferson County, LA
$290,000
Prince Frederick, MD
$40,000
Cumberland County, NC
$160,000
Suffolk County, NY
$185,000
Palm Springs, CA
$699,000
Memphis, TN
$700,000
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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