Maricopa County, AZ
$25,000

Maricopa County, AZ
$25,000
Monmouth County, NJ
$600,000

Atlantic Highlands, NJ
$165,000

Santa Clara County, CA
$150,000
Merchantville, NJ
$40,000
Albany, CA
$189,000
Scottsdale, AZ
$250,000
Scottsdale, AZ
$350,000
Worcester County, MA
$245,000
Saint Louis, MO
$175,000
Available in Multiple Locations
$50,000
La Mirada, CA
$85,000
Pierce County, WA
$180,000
Arvada, CO
$295,000
Wilmington, MA
$85,000
Cherry Hill, NJ
$100,000
Angel Perez
Coldwell Banker Coast Realty
Serving Brevard County, FL
Coldwell Banker's mission is to provide exceptional service to clients while also helping realtors achieve their goals. Mission statement Provide realtors with the tools and support they need to succeed Offer clients superior service Maintain high ethical and professional standards Help agents provide excellent customer service Help clients navigate the real estate market Use technology and marketing strategies to help clients and agents Coldwell Banker's values Accuracy: Coldwell Banker promises to be accurate and loyal to clients Empathy: Coldwell Banker aims to understand and meet the needs of each client Trust: Coldwell Banker seeks to create a trusting environment for employees Compassion: Coldwell Banker aims to create a supportive atmosphere for employees Innovation: Coldwell Banker aims to find new ways to help clients and agents Coldwell Banker's logo, the CB North Star, symbolizes the company's leadership in the real estate industry.
Littleton, CO
$120,000
Los Angeles County, CA
$40,000
Worcester County, MA
$349,000
REAL ESTATE INCLUDED
Shreveport, LA
$799,000
Available in Multiple Locations
$100,000
King County, WA
$385,000
Scottdale, GA
$450,000
Seattle, WA
$110,000
Duluth, GA
$89,000
Delaware County, PA
$150,000
Newport Beach, CA
$425,000
Tempe, AZ
$224,900
Roswell, GA
$169,000
Cook County, IL
$125,000
Available Nationwide
$65,000
Scottsdale, AZ
$256,000
Montgomery County, PA
$150,000
District of Columbia, DC
$299,900
Suffolk County, NY
$395,000
Available Nationwide
$150,000
San Diego County, CA
$580,000
Kitsap County, WA
$300,000
San Francisco, CA
$249,000
REAL ESTATE INCLUDED
Pulaski County, AR
$585,000
Northampton County, PA
$175,000
Van Nuys, CA
$119,000
West Hills, CA
$149,000
Mountain View, CA
$349,000
Jonathan Molayem
Acquivest Business Brokers & Exit Planners
Serving Orange County, FL
M&A Advisory Services provider to Businesses with Revenue $1M - $100M
Los Angeles County, CA
$230,000
Available in Multiple Locations
$100,000
Powder Springs, GA
$360,000
Kane County, IL
$329,000
Montgomery County, PA
$300,000
King County, WA
$70,000
Bucks County, PA
$300,000
Inglewood, CA
$475,000
Berlin, NJ
$135,000
Suffolk County, NY
$695,000
Alpharetta, GA
$65,000
Available in Multiple Locations
$150,000
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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