Santa Clara County, CA
$179,500
Dry Cleaners For Sale
Industry Info
Dry Cleaner with Agency in the South Bay
Dry Cleaning Plant
Diamond Bar, CA
$235,000
Alpharetta/$960,000-2024/Plant+Wholesale+2PickUp/KoreanOwnedOver15YRS
Alpharetta, GA
$540,000
Organic High Volume Dry Cleaner w/ D/C Manager!
Bergen County, NJ
$950,000
Best Dry Cleaners for wholesale
Sterling, VA
$100,000
Dry Cleaner with Agency in the South Bay
Santa Clara County, CA
$179,500
Dry Cleaner in Thousand Oaks
Thousand Oaks, CA
$350,000
Dry Cleaning/Commercial Laundry with Laundromat
REAL ESTATE INCLUDED
Linn County, IA
$775,000
Organic Dry Cleaner in Monmouth County!
Monmouth County, NJ
$350,000
Profitable Commercial Laundry Linen Business
Hialeah, FL
$1,500,000
FranchiseComplete Weddings + Events
Available in Multiple Locations
$30,000
Fully Equipped ,profitable and Long Established Dry Cleaner in RICH
Levittown, NY
$250,000
Coin Laundry Business with Fully Leased Apartment Building
REAL ESTATE INCLUDED
Lake County, FL
$1,895,000
Profitable Dry Cleaner Middlesex Co.
Middlesex County, NJ
$120,000
Personal Dry Cleaning Service
Saratoga County, NY
$250,000
Retiring Dry Cleaners in Whittier
Whittier, CA
$160,000
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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Dry Cleaners
Phoenix, AZ
$700,000
Dry Cleaning Business / Dry Cleaners
Cape May County, NJ
$150,000
Absentee Laundromat & Dry Cleaner - Delaware County PA - $89,900
Delaware County, PA
$89,900
Cleaners in Prime Location
King County, WA
$250,000
FranchiseThe Grounds Guys
Available Nationwide
$30,000
Dry Clean Pick-Up with Equipment for Sale in North Dallas
Dallas County, TX
$275,000
Profitable Dry Cleaning Business With Delivery And Growth Potential
Brevard County, FL
$314,999
Established Dry Cleaning Business in Evergreen for sale $160,000
Evergreen, CO
$160,000
Profitable Dry Cleaning Business with Delivery and Growth Potential
Melbourne, FL
$275,000
Dry Cleaners Plant and Drop Station in Beaumont
Beaumont, TX
$395,000
Dry Cleaner with loyal customer base in upscale community
San Francisco County, CA
$176,000
Thriving Dry Cleaners with HC system
Seattle, WA
$250,000
Solid Profitable Dry Cleaner Franchise
Broward County, FL
$318,000
Profitable long established Dry cleaner Drop-Off ans Alteration
Yardley, PA
$150,000
FranchiseDeck Rescue
Available in Multiple Locations
$50,000
Charming Mom & Pop Dry Cleaner In High-Income Neighborhood For Sale
Merrick, NY
$130,000
$40K Fire Sale – Established Dry Cleaner on Prime Wadsworth Corridor
Arvada, CO
$40,000
Dry Cleaners for sale in Livermore, CA
Livermore, CA
$349,000
Well Established, High Volume Dry Cleaner
Norfolk County, MA
$399,000
FranchiseFootprints Floors
Available in Multiple Locations
$75,000
Opportunity to own a well-established green dry cleaner in Largo
Pinellas County, FL
$30,000
Organic Dry Cleaner with MANAGER!
Montgomery County, PA
$385,000
The One Dry Cleaners
Roswell, GA
$150,000
Dry Clean Drop Store in Wealthy Area!
New Castle County, DE
$200,000
Hi Volume Dry Cleaner Agency
Glendora, CA
$375,000
Dry Cleaning Business with Captive Client Base
Maricopa County, AZ
$25,000
Organic WET Dry Cleaner Plant in Monmouth County!
Monmouth County, NJ
$600,000
Established Dry Cleaner in a great neighborhood | 17 Years in Business
Atlantic Highlands, NJ
$175,000
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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Dry Cleaners
Wayne County, MI
$249,000
FranchiseBest Option Restoration
Available in Multiple Locations
$50,000
Dry Cleaners
Wayne County, MI
$249,000
Profitable, Eco-Friendly Plant Dry Cleaner & Seller Finance
Santa Clara County, CA
$150,000
Well Established Dry Cleaning Plant in NVA for Sale
Springfield, VA
$280,000
Dry Cleaner in Merchantville, NJ
Merchantville, NJ
$40,000
Dry Cleaners for Sale in Albany
Albany, CA
$189,000
Dry Cleaners Scottsdale
Scottsdale, AZ
$250,000
Owner Operated Dry Cleaner in Scottsdale!
Scottsdale, AZ
$350,000
Long Standing & Well-Established Dry Cleaners (Full Plant)
Worcester County, MA
$245,000
Fulp Cleaners in Aurora, MO
Saint Louis, MO
$175,000
FranchiseGlass Doctor
Available Nationwide
$50,000
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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