Pinellas County, FL
$30,000

Pinellas County, FL
$30,000
Montgomery County, PA
$385,000
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
$165,000
Santa Clara County, CA
$150,000
Merchantville, NJ
$40,000
Available in Multiple Locations
$150,000
Albany, CA
$189,000
Scottsdale, AZ
$250,000
Scottsdale, AZ
$350,000
Worcester County, MA
$245,000
Saint Louis, MO
$175,000
Ed Krajcir
Sunbelt Business Brokers
Serving Milwaukee County, WI
Sunbelt Midwest is an elite division of Sunbelt, the largest organization of business brokers and M & A professionals in the world. With five offices in Minneapolis, Minnesota; Chicago, Illinois; and Milwaukee, Wisconsin, Sunbelt Midwest is a premier brokerage. The business brokers and M & A intermediaries of Sunbelt Midwest, consistently rank in the top performers of Sunbelt International. Sunbelt Midwest is trusted with coordinating all of the national franchisor relationships for Sunbelt. Because of this interaction, Sunbelt Midwest has a unique ability to market businesses throughout Sunbelt internationally. Sunbelt Midwest truly has a GLOBAL reach!
La Mirada, CA
$85,000
Pierce County, WA
$180,000
Arvada, CO
$295,000
Wilmington, MA
$85,000
Available in Multiple Locations
$30,000
Cherry Hill, NJ
$100,000
Littleton, CO
$120,000
Los Angeles County, CA
$40,000
Worcester County, MA
$349,000
REAL ESTATE INCLUDED
Shreveport, LA
$799,000
King County, WA
$385,000
Scottdale, GA
$450,000
Seattle, WA
$110,000
Duluth, GA
$89,000
Available in Multiple Locations
$150,000
Delaware County, PA
$150,000
Newport Beach, CA
$425,000
Tempe, AZ
$224,900
Roswell, GA
$169,000
Available in Multiple Locations
$110,000
Cook County, IL
$125,000
Scottsdale, AZ
$256,000
Montgomery County, PA
$150,000
District of Columbia, DC
$299,900
Suffolk County, NY
$395,000
San Diego County, CA
$580,000
Kitsap County, WA
$300,000
San Francisco, CA
$249,000
Al Fialkovich, CBI, CM&AA
Transworld Business Advisors of Colorado
Serving Denver County, CO
Transworld Business Advisors of Colorado has proudly maintained its #1 status for eight consecutive years among 250+ global franchises. The Colorado Franchise has locations in Denver, Boulder, Fort Collins, Colorado Springs, Aspen, and Grand Junction. The franchise is owned by Prospere Companies, a private investment firm with a portfolio of companies in Colorado, Texas, and Nevada specializing in acquiring, owning, and operating multi-faceted locations in the realm of mergers and acquisitions. Over the past 12 years, our team has completed 1,500+ deals, growing daily. As the leading business brokerage firm in Colorado, we have achieved remarkable milestones, including being featured on the Inc. 5000 List five times—an accomplishment attained by only 4% of companies and featured on Financial Times Fastest Growing list. Additionally, our recognition as the Most Referred Middle Market Advisory Firm on the Axial Advisory 100 List underscores our commitment to excellence. To learn more about Transworld or to schedule a consultation with one of our brokers, visit our website at www.tworldcolorado.com or call 720-259-5099.
REAL ESTATE INCLUDED
Pulaski County, AR
$585,000
Available in Multiple Locations
$65,000
Northampton County, PA
$175,000
Van Nuys, CA
$119,000
West Hills, CA
$149,000
Mountain View, CA
$349,000
Los Angeles County, CA
$230,000
Powder Springs, GA
$360,000
Kane County, IL
$329,000
Montgomery County, PA
$300,000
King County, WA
$70,000
Available in Multiple Locations
$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: