Denver, CO
$99,000

Denver, CO
$99,000

Norfolk County, MA
$351,107

Great Neck, NY
$395,000

Henderson, NV
$99,000
Duluth, GA
$70,000
Covington, WA
$400,000
REAL ESTATE INCLUDED
Erie, PA
$1,600,000
Bend, OR
$450,000
Vallejo, CA
$329,000
Long Beach, CA
$80,000
Available in Multiple Locations
$45,000
Queens, NY
$395,000
San Diego County, CA
$450,000
Suffolk County, NY
$70,000
Maricopa County, AZ
$66,000
Englewood, CO
$250,000
Thomas Manglaviti
MC Business Advisors
Serving Suffolk County, NY
MC Business Advisors is a trusted and established leader in facilitating the buying and selling of small to mid-sized businesses. We offer a comprehensive suite of services, including business sales, acquisitions, detailed valuations, exit strategy planning, and buyer representation. With a team of over 800 dedicated business advisors and key principals boasting more than 50 years of combined experience, we bring unparalleled expertise to every transaction. Our commitment to professionalism, discretion, and personalized service ensures that clients receive expert guidance through every step of the process. Our deep industry knowledge allows us to develop customized strategies that align with our clients' unique goals, consistently driving exceptional results. We are proud to have an impressive track record, with our total deal volume exceeding $500 million. Partner with MC Business Advisors for a seamless and successful business transaction experience.
Rochester Hills, MI
$85,000
Oakland County, MI
$315,000
Oakland County, MI
$315,000
Westminster, CO
$80,000
Available in Multiple Locations
$100,000
Hampstead, MD
$75,000
Dallas County, TX
$125,000
Federal Heights, CO
$220,000
Fair Oaks, CA
$85,000
Contra Costa County, CA
$550,000
Long Beach, CA
$225,000
Drexel Hill, PA
$260,000
Delaware County, PA
$500,000
Washington, DC
$225,000
Available in Multiple Locations
$100,000
Santa Rosa, CA
$495,000
Louisville, TN
$750,000
Lawrenceville, GA
$99,000
Fairfax, VA
$550,000
Available Nationwide
$85,000
REAL ESTATE INCLUDED
Floyd County, GA
$3,800,000
Palmdale, CA
$150,000
Salisbury, MD
$295,000
Woodbridge, VA
$320,000
REAL ESTATE INCLUDED
San Francisco County, CA
$361,095
Jacksonville, FL
$225,000
Volusia County, FL
$149,900
Halndle Bch, FL
$98,500
ProMed Financial
ProMed Financial, Inc.
Serving Orange County, CA
Practice Financing and Transition Services since 1993. We are one of the longest, standing healthcare financing and practice transition services in the country.
Brooklyn, NY
$169,000
Available in Multiple Locations
$100,000
Phoenix, AZ
$119,000
Pompano Beach, FL
$140,000
Clackamas County, OR
$275,000
Suffolk County, MA
$69,000
New Castle County, DE
$950,000
Suffolk County, NY
$300,000
Camden County, NJ
$50,000
Nassau County, NY
$270,000
San Bernardino County, CA
$180,000
Available Nationwide
$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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