Roswell, GA
$150,000
Roswell, GA
$150,000
New Castle County, DE
$200,000

Glendora, CA
$375,000

Maricopa County, AZ
$25,000
Monmouth County, NJ
$600,000
Atlantic Highlands, NJ
$175,000
Virginia Beach, VA
$80,000
Wayne County, MI
$249,000
Wayne County, MI
$249,000
Santa Clara County, CA
$150,000
Available Nationwide
$50,000
Springfield, VA
$280,000
Merchantville, NJ
$40,000
Albany, CA
$189,000
Scottsdale, AZ
$250,000
Scottsdale, AZ
$350,000
Charles Leduc
RoseBay International, Inc.
Serving Sarasota County, FL
As a Commercial and Business Agent at RoseBay International Realty, Inc., I help clients buy or sell their dream businesses in the restaurant industry. With over 20 years of experience in this role and 30 years of owning and operating various restaurants and businesses in the US and the Caribbean, I have a wealth of knowledge and expertise in every aspect of the business transaction process, from operations and design to branding and marketing. I am passionate about delivering exceptional service and value to my clients, whether they are seeking retirement, expansion, or a new venture. I understand the challenges and opportunities in the restaurant industry and I know how to ask the right questions and consider the right details to ensure a smooth and successful transition. I am a trusted partner and an asset to every business transaction, and I treat every deal as if it was my own.
Worcester County, MA
$245,000
Saint Louis, MO
$225,000
Los Angeles, CA
$179,000
Tarrant County, TX
$550,000
Available Nationwide
$50,000
Lilburn, GA
$330,000
District of Columbia, DC
$90,000
La Mirada, CA
$85,000
Pierce County, WA
$180,000
Arvada, CO
$295,000
Bridgewater, MA
$118,000
Cherry Hill, NJ
$100,000
Littleton, CO
$120,000
Independence Twp, MI
$50,000
Available Nationwide
$50,000
Los Angeles County, CA
$40,000
Los Angeles County, CA
$120,000
Worcester County, MA
$349,000
REAL ESTATE INCLUDED
Shreveport, LA
$1,200,000
Available Nationwide
$25,000
King County, WA
$385,000
Scottdale, GA
$450,000
Seattle, WA
$110,000
Duluth, GA
$89,000
Delaware County, PA
$150,000
Columbus, OH
$69,900
Fort Collins, CO
$250,000
Newport Beach, CA
$425,000
Marla DiCarlo
BizNavigators LLC
Serving Denver County, CO
Ready to experience brokerage done differently? Step into the future of business brokerage with our groundbreaking new paradigm. A fresh new perspective that will change your expectations. We are pushing the boundaries of the industry, reimagining every aspect of the process to deliver unparalleled results. Say goodbye to traditional approaches and embrace a revolutionary way of buying or selling a business. Prepare to witness a new era in business brokerage, where innovation, efficiency, and exceptional service converge to create extraordinary opportunities. Discover a fresh approach to buying or selling a business that puts your needs at the forefront. Get ready to revolutionize your business brokerage experience. At BizNavigators, we understand that navigating the business world can be overwhelming. Whether starting a new business, buying or selling a company, or simply looking to grow and expand, our team of experts will help you chart a course to success. With our expert guidance and support, you can focus on what you do best - running your business - while we handle the navigation, providing the insight and experience you need to make informed decisions and achieve your goals. Don't get lost in the crowded marketplace. Let us help you navigate a clear path to a successful exit.
Tempe, AZ
$224,900
Available in Multiple Locations
$200,000
Los Angeles County, CA
$160,000
REAL ESTATE INCLUDED
Forsyth County, NC
$700,000
Lawrenceville, GA
$250,000
Roswell, GA
$169,000
Denton County, TX
$499,000
Cook County, IL
$125,000
Omaha, NE
$95,000
Scottsdale, AZ
$256,000
Houston, TX
$329,000
Available Nationwide
$100,000
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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