Johns Creek, GA
$65,000

Johns Creek, GA
$65,000
Baltimore, MD
$420,000

Toms River, NJ
$169,000

Palm Beach County, FL
$999,999
Jacksonville, FL
$175,000
Montgomery County, PA
$350,000
Annapolis, MD
$200,000
Philadelphia, PA
$250,000
Essex County, MA
$230,000
New City, NY
$400,000
Available Nationwide
$50,000
Johns Creek, GA
$250,000
Louisiana
$55,000
Elk Grove, CA
$215,000
Astoria, NY
$1,300,000
Jamaica, NY
$265,000
William Bruce, ABI, SVA
William Bruce Business Sales & Acquisiti
Serving Mobile County, AL
With offices in Fairhope, Alabama and Baton Rouge, Louisiana, William Bruce Business Sales & Acquisitions, LLC is a full service, national business brokerage and valuation firm serving privately held businesses with special attention given to pricing, strategic marketing, successful negotiation and prompt closings, all the while maintaining strict confidentiality. The firm is a "boutique" advisory service handling ONLY the sales, mergers and acquisitions of businesses with documented earnings. In reviewing any offerings by this firm, you can be assured that the numbers have been proven and are real. William Bruce currently serves as president of the American Business Brokers Association, an organization of over 7,400 professionals. Email: Will@WilliamBruce.org Website: www.WilliamBruce.org Fairhope, AL. Office (251) 990-5934 Baton Rouge, LA Office (225) 465-5799
Delaware County, PA
$220,000
Canton, MI
$300,000
Atlanta, GA
$480,000
Plymouth, MI
$35,000
Available in Multiple Locations
$500,000
Lane County, OR
$595,000
Anne Arundel County, MD
$495,000
Cherry Hill, NJ
$400,000
Roseville, CA
$199,000
Woodstock, GA
$150,000
Kings County, NY
$1,300,000
Plymouth, MI
$300,000
Chandler, AZ
$179,000
Hall County, GA
$359,000
Available in Multiple Locations
$50,000
Dutchess County, NY
$175,000
Johns Creek, GA
$300,000
Wilmington, DE
$80,000
Easton, MA
$67,000
Available Nationwide
$50,000
Pontiac, MI
$285,000
Poughkeepsie, NY
$150,000
Brockton, MA
$370,000
Maywood, NJ
$629,000
Massachusetts
$98,000
Marlboro, NJ
$450,000
Sandy Springs, GA
$400,000
Houston, TX
$100,000
WOO JAE 'TOM' PARK
KEY REALTY LLC
Serving Clark County, NV
Newhall, CA
$100,000
Available in Multiple Locations
$200,000
Los Angeles, CA
$598,000
Atlanta, GA
$100,000
North Kingstown, RI
$80,000
Lakewood, CO
$68,000
Middlesex County, MA
$160,000
Maple Shade, NJ
$200,000
Norfolk County, MA
$99,000
Georgia
$470,000
Spring, TX
$79,000
Available in Multiple Locations
$250,000
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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