Fairfield County, CT
$415,000
Fairfield County, CT
$415,000
Montgomery County, PA
$350,000
King County, WA
$70,000
Bucks County, PA
$300,000
Inglewood, CA
$475,000
Berlin, NJ
$135,000
Suffolk County, NY
$695,000
Dana Point, CA
$995,000
REAL ESTATE INCLUDED
Cook County, IL
$650,000
Camden County, NJ
$365,000
Available in Multiple Locations
$50,000
Alpharetta, GA
$55,000
Johns Creek, GA
$55,000
Broward County, FL
$699,000
Washington, DC
$199,000
Miami, FL
$199,000
Nick Mastrodicasa
Transworld Business Advisors of Alaska
Serving Anchorage County, AK
Forty years in business and growing with over 200 affiliated offices in seven countries. Transworld is a powerful partner to have on your team when you need to divest of or acquire a business interest no matter how big or small. I specialize in confidential intermediary services that connect buyers and sellers or merger candidates based upon sound analysis. Transworld Business Advisors is the world leader in the marketing and sales of businesses, franchises, and franchise development. Whether you represent an acquisition-minded corporation or are personally interested in owning your own company or buying a franchise, I offer professional services that have been successfully bringing buyers and sellers together for over 40 years. If your business is on a growth trajectory best described by the statement: “I need to clone myself”, I can help. I offer affordable franchise development consultation allowing you to multiply profits without duplicating effort. Do you want to take your business to the next level? Will it have a generational effect on the well-being of your family and heirs? Do you want to find out?
Gloucester County, NJ
$675,000
Winter Park, FL
$192,694
Hamilton County, OH
$450,000
Baltimore, MD
$499,000
Available in Multiple Locations
$50,000
Toms River, NJ
$159,000
Palm Beach County, FL
$999,999
Jacksonville, FL
$175,000
Yorba Linda, CA
$80,000
Chandler, AZ
$595,000
Montgomery County, PA
$350,000
Portland, OR
$39,000
Annapolis, MD
$200,000
Oakland County, MI
$675,000
Available in Multiple Locations
$30,000
Oakland County, MI
$675,000
Philadelphia, PA
$250,000
Essex County, MA
$230,000
New City, NY
$400,000
Available in Multiple Locations
$100,000
Denver, CO
$220,000
Marietta, GA
$260,000
Johns Creek, GA
$250,000
Loganville, GA
$299,000
Mesa, AZ
$95,000
Louisiana
$55,000
Yorktown, VA
$50,000
La Mirada, CA
$70,000
John Gleason
Supporting Strategies
Serving Norfolk County, MA
Founded: Genuine Business Advisors (GBA) was established by its founder, John Gleason, driven by a vision to transform how business owners navigate critical transitions such as sales or acquisitions. Purpose and Mission: GBA was created to deliver tailored, high-value solutions for business owners pursuing mergers and acquisitions (M&A). By focusing on strategic planning, precise execution, and client-specific goals, GBA ensures successful outcomes that maximize value and align with long-term objectives. What Sets GBA Apart: • Proprietary 7-Step Process: GBA’s structured 7-step process guides clients through every stage of a transaction—from valuation and marketing to due diligence and closing—ensuring efficiency, transparency, and customized outcomes tailored to each client’s timeline and goals. • Sister Accounting Services Company: GBA’s sister accounting services (excluding tax) company enhances its offerings by streamlining clients’ financial records and elevating record keeping standards to meet rigorous financial reporting requirements, ensuring businesses are transaction-ready. • Industry Expertise and Client Commitment: Founded to redefine the M&A experience, GBA leverages deep industry knowledge and a collaborative network of professionals to treat clients as partners, not transactions. This dedication delivers personalized strategies for sales, acquisitions, or legacy planning, driving lasting success.
Denver, CO
$195,000
Available in Multiple Locations
$75,000
REAL ESTATE INCLUDED
Dougherty County, GA
$3,995,000
REAL ESTATE INCLUDED
Beaumont, TX
$995,000
Pinellas County, FL
$275,000
Miami Beach, FL
$145,000
Elk Grove, CA
$215,000
Astoria, NY
$1,300,000
West Palm Beach, FL
$495,000
Charleston County, SC
$895,000
Brooklyn, NY
$160,000
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.
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