Lawrenceville, GA
$290,000
Lawrenceville, GA
$290,000
Lawrenceville, GA
$270,000
Nassau County, NY
$400,000
Flushing, NY
$495,000
Pennsauken, PA
$100,000
Mississauga, ON
$649,000
Lawrenceville, GA
$75,000
Suwanee, GA
$250,000
Phoenix, AZ
$265,000
Norfolk County, MA
$351,107
Available in Multiple Locations
$100,000
Great Neck, NY
$395,000
Henderson, NV
$99,000
Covington, WA
$400,000
REAL ESTATE INCLUDED
Erie, PA
$1,600,000
Vallejo, CA
$329,000
Anthony Wright, MBA
BBC Pacific Northwest, LLC
Serving Clackamas County, OR
We Mean Business as in Business Brokerage. A successful business needs an exit strategy. In a business sale, participants will likely include some combination of the following: buyer, seller, landlord, accountant(s), attorney(s) and lender. Spouses, family members, heirs, and many others can also play a role. We can make that transition easy for you. Experience navigating these waters is key to success. We have the experience. Call or email today for a confidential consultation.
Long Beach, CA
$80,000
Queens, NY
$395,000
REAL ESTATE INCLUDED
Madison County, AL
$999,000
Miami, FL
$385,000
Available in Multiple Locations
$60,000
Englewood, CO
$250,000
Rochester Hills, MI
$85,000
Oakland County, MI
$315,000
Oakland County, MI
$315,000
Hampstead, MD
$75,000
Dallas County, TX
$125,000
Federal Heights, CO
$220,000
Fair Oaks, CA
$85,000
Drexel Hill, PA
$250,000
Available Nationwide
$75,000
Delaware County, PA
$500,000
Washington, DC
$225,000
Santa Rosa, CA
$495,000
Lawrenceville, GA
$99,000
Available Nationwide
$50,000
Fairfax, VA
$350,000
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
Steve Hovakimyan
City Center Realty Group
Serving Los Angeles County, CA
Steve Hovakimyan understands that navigating the commercial real estate market can be complex. That’s why his company, City Center Realty Group, is dedicated to guiding you through the unique landscape of Los Angeles County. Steve and his team specialize in connecting buyers and sellers with prime properties and securing top-dollar deals, all while ensuring a seamless and stress-free experience. With extensive industry expertise and a keen understanding of what businesses need in commercial spaces, Steve is the trusted expert to help you achieve your real estate goals. Whether you're expanding, relocating, or investing, City Center Realty Group is there to support you every step of the way. Trust Steve Hovakimyan to turn your commercial real estate vision into a successful reality.
Halndle Bch, FL
$98,500
Available Nationwide
$50,000
Phoenix, AZ
$45,000
Clackamas County, OR
$275,000
Suffolk County, MA
$69,000
New Castle County, DE
$1,000,000
Suffolk County, NY
$300,000
Camden County, NJ
$50,000
Nassau County, NY
$270,000
San Bernardino County, CA
$180,000
Baltimore, MD
$450,000
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.
More for Business Buyers:
Set Up Alerts and Notifications
Business Buyer Learning Center
More for Business Sellers: