Deer Park, NY
$440,000
Dry Cleaners For Sale
Industry Info
Well Established Dry Cleaners, Tailor, Shoe Repair - Full Staff
Established Dry Cleaning Biz - K Cleaners
Suwanee, GA
$80,000
Beloved Neighborhood Dry Cleaners for 35 Years – Fully Equipped
Burke, VA
$80,000
Steady Income Dry Cleaners(Plant)
Salisbury, MD
$250,000
High-Traffic Dry Cleaning Business for Sale in Prime Shopping Mall
Montgomery County, PA
$150,000
Very Busy Dry Cleaners Agency and Low price
La Mirada, CA
$80,000
Drop off Dry Cleaning W/Alterations #11174
Gilbert, AZ
$180,000
Turnkey Retooled Laundromat with New Equipment & Long-Term Lease
Decatur, GA
$409,000
Established Dry Cleaner Retail Plant in Miami
Miami, FL
$395,000
Prime area Alterations at Big mall in Cumming
Cumming, GA
$200,000
FranchiseLapels Dry Cleaning
Available Nationwide
$125,000
Dry Cleaner in Tacoma!
Tacoma, WA
$270,000
Dry Cleaning Company for Sale in Richmond, VA
Henrico, VA
$450,000
Dry Cleaners Franchisee For Sale (1 Plant + 2 Pickup)
Fuquay-Varina, NC
$501,000
Dry Cleaner in Fantastic Location!
West Grove, PA
$100,000
High Volume Retiring Dry Cleaners
Lake Forest, CA
$445,000
Mike Costello
Costello Capital Management, LLC
Serving Hamilton County, TN
Mike Costello, our managing member, has consulted several business owners relating to the successful sale of their ownership interests. A recent example occurred in August 2021, prior to his retirement from Elliott Davis, when he was retained as a consultant with respect to the sale of a middle market company located in the Tennessee Valley. In this case, he provided assistance to the company’s owner and management team, resulting in the successful sale to a strategic buyer (a public company in the industry) in December, 2021 for $58 million. In July, 2022, he received a request from another Tennessee Valley middle market company to perform business broker services. These events motivated Costello to serve as a business broker. As a result, he retired from Elliott Davis and formed Costello Capital Management, LLC (“CCM”) in October, 2022. CCM is already actively engaged with other regional clients exploring the sale of their businesses. CCM is uniquely qualified to determine the best approach for marketing a business entity for sale. This could include going to: -private equity groups (financial buyers), -industry members (as mentioned above), or -the local market (including networking with CPAs, bankers, attorneys or known potential buyers), depending upon the size of the business. Costello’s experience and in-depth knowledge of business transactions is beneficial at every stage of a business transaction: determining the optimal sales process, establishing an appropriate sales price, negotiating to realize the targeted sales price and then managing the transaction to a successful closing.
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Profitable Dry Cleaners for Sale in New York
Suffolk County, NY
$389,000
Established dry cleaners with Great Reputation
Forest Hills, NY
$110,000
Laundromat with Property
Atlantic County, NJ
$700,000
Drop Off Store in South Philly
Philadelphia, PA
$35,000
FranchiseWebsite Closers
Available in Multiple Locations
$50,000
Organic Dry Cleaner in Montgomery County!!
Montgomery County, PA
$350,000
Profitable Dry Cleaner– Turnkey Operation in Rochester Hill!
Rochester Hills, MI
$150,000
Dry Cleaning Business with Building & Land – Redevelopment Opportunity
Clark, NJ
$450,000
Publix Plaza / Dry Cleaner Drop Store / Drive Through Window
Orlando, FL
$69,000
Full Service Dry Clean Plant & Laundry
Mesa, AZ
$80,000
Dry Cleaning Business for Sale in Texas
Denton County, TX
$555,000
Profitable Alterations at Snellville GA
Snellville, GA
$125,000
Wet Dry Cleaner! Bucks County!
Bucks County, PA
$190,000
Legacy Dry Cleaning Business with Prime Real Estate
REAL ESTATE INCLUDED
Essex County, MA
$1,750,000
FranchiseComplete Pest Solutions
Available in Multiple Locations
$100,000
Trusted and Established 3-Location Dry Cleaning Business
Gwinnett County, GA
$395,000
Turnkey Dry Cleaners
Orange County, FL
$90,000
Location in SuperMarket
Windsor, CA
Not Disclosed
Cash Flow: $120,000
Dry Cleaners for sale, owner retiring
Hernando, MS
$500,000
FranchiseTeam Logic IT
Available in Multiple Locations
$50,000
Established Profitable Dry Cleaner in Jonesboro, GA
Jonesboro, GA
$175,000
Profitable Volusia Laundromat In Prime Location
Volusia County, FL
$495,000
Established Dry Cleaning Business for Sale
Mecklenburg County, NC
$261,500
Established Dry Cleaners in Fort Collins
Fort Collins, CO
$230,000
Established Dry Cleaner Ready for New Owner
REAL ESTATE INCLUDED
Lawton, OK
$415,000
Profitable Dry Cleaners
Erie, CO
$235,000
A profitable dry cleaner in PG county
Lanham, MD
$300,000
Drop store Turn key setup
REAL ESTATE INCLUDED
Union County, NJ
$1,250,000
Sheryl Vazquez
eXp Commercial
Serving Durham County, NC
CSG Capital, powered by eXp Commercial helps business owners grow value within their business before it's ready to hit the market. We help you with acquisitions, to increase your service offerings. Value your business, and find you the best locations! Whether you're ready to exit your business, or grow it, we can help every step of the way!
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Established Dry Cleaning Business for Sale - Fully Equipped
Atlanta, GA
$360,000
FranchiseExit Factor
Available in Multiple Locations
$60,000
TURN KEY! Established Dry Cleaners + Real Estate. Near Military Base
REAL ESTATE INCLUDED
Killeen, TX
$699,999
Tailor Shop, Embroidery Shop And Pickup Store For Drycleaners
Newport News, VA
$120,000
Drycleaner drop with full shirt laundry
Middlesex County, MA
$115,000
Laundromat Available
Passaic County, NJ
$450,000
Smyrna & Dunwoody Ga, Dry Clean
Smyrna, GA
$145,000
Long & Well-Established Full-Plant Dry Cleaners - Now Available!
Worcester County, MA
$149,000
Owner Operated Dry Cleaners And Alterations Business For Sale South FL
Palm Beach County, FL
$225,000
Established Central Minnesota Dry Cleaner
Minnesota
$150,000
Dry Clean in Lawrenceville net 12k/month asking for 290k
Lawrenceville, GA
$290,000
FranchiseMaidPro
Available in Multiple Locations
$45,000
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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