Scottsdale, AZ
$350,000

Scottsdale, AZ
$350,000

Worcester County, MA
$245,000
Saint Louis, MO
$175,000

Los Angeles, CA
$179,000
Lilburn, GA
$330,000
District of Columbia, DC
$90,000
La Mirada, CA
$85,000
Pierce County, WA
$180,000
Arvada, CO
$295,000
Massachusetts
$85,000
Available in Multiple Locations
$30,000
Cherry Hill, NJ
$100,000
Littleton, CO
$120,000
Los Angeles County, CA
$40,000
Los Angeles County, CA
$120,000
Worcester County, MA
$349,000
Lanier Chew, CBI
Sunbelt Business Brokers and Business Brokers South
Serving Mobile County, AL
The broker associates with Business Brokers South represent a total of over 65 years experience in the buying and selling of businesses. This is our specialty, not a sideline.
REAL ESTATE INCLUDED
Shreveport, LA
$1,100,000
King County, WA
$385,000
Scottdale, GA
$450,000
Seattle, WA
$110,000
Available in Multiple Locations
$65,000
Duluth, GA
$89,000
Delaware County, PA
$150,000
Columbus, OH
$69,900
Newport Beach, CA
$425,000
Tempe, AZ
$224,900
Los Angeles County, CA
$160,000
REAL ESTATE INCLUDED
Forsyth County, NC
$700,000
Roswell, GA
$169,000
Cook County, IL
$125,000
Available Nationwide
$35,000
Omaha, NE
$95,000
Scottsdale, AZ
$256,000
Montgomery County, PA
$150,000
District of Columbia, DC
$299,900
Available in Multiple Locations
$75,000
Suffolk County, NY
$424,999
San Diego County, CA
$580,000
Kitsap County, WA
$180,000
Sicklerville, NJ
$100,000
San Francisco, CA
$249,000
Tarrant County, TX
$1,000,000
Silver Lake, CA
$229,000
REAL ESTATE INCLUDED
Pulaski County, AR
$585,000
David Glickman
Keystone Real Estate Advisors
Serving Allegheny County, PA
The restaurant scene in Pittsburgh has improved dramatically over the past fifteen years, culminating with Zagat naming Pittsburgh as “America’s Hottest Food City.” …And the Pittsburgh restaurant landscape was substantially shaped by KRE’s David Glickman, having done hundreds of bar & restaurant deals over decades of unrivaled food service real estate work. KRE offers an unparalleled full range of services for national, regional, independent and franchised food & beverage operators including extremely in-depth market information and off-market locations. KRE represent bars and restaurants at NO CHARGE, as our brokers get paid by simply sharing commissions with other agents. Our restaurant clients LOVE US because we add value to their operations and secure better deals for them- all at no cost.
Northampton County, PA
$175,000
Available in Multiple Locations
$50,000
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
Fairfield County, CT
$415,000
Montgomery County, PA
$300,000
King County, WA
$70,000
Available Nationwide
$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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