Bucks County, PA
$300,000
Bucks County, PA
$300,000

Inglewood, CA
$475,000
Berlin, NJ
$135,000

Suffolk County, NY
$695,000
Camden County, NJ
$400,000
Alpharetta, GA
$55,000
Johns Creek, GA
$55,000
Miami, FL
$199,000
Baltimore, MD
$420,000
Toms River, NJ
$150,000
Available Nationwide
$125,000
Palm Beach County, FL
$999,999
Jacksonville, FL
$175,000
Montgomery County, PA
$350,000
Annapolis, MD
$200,000
Philadelphia, PA
$250,000
Kelly Franko
Elite Collaborative
Serving Lee County, AL
At Elite Collaborative we bring experience, expertise, and heart to the business brokerage world. As a team of dedicated and experienced brokers, we specialize in guiding entrepreneurs through the buying and selling of businesses of all magnitudes, from modest four-figure revenues to thriving multimillion-dollar enterprises. So what sets us apart? We have been where you are! We know what it's like to pour heart and soul into your business and Elite is here to help you make the next chapter a success, whether that's selling your business or finding your dream opportunity.
Essex County, MA
$230,000
New City, NY
$400,000
Johns Creek, GA
$250,000
Louisiana
$55,000
Available Nationwide
$25,000
REAL ESTATE INCLUDED
Dougherty County, GA
$3,995,000
Elk Grove, CA
$215,000
Astoria, NY
$1,300,000
Brooklyn, NY
$160,000
Jamaica, NY
$265,000
Delaware County, PA
$220,000
Canton, MI
$300,000
Woodbridge, VA
$350,000
Atlanta, GA
$480,000
Available in Multiple Locations
$75,000
Plymouth, MI
$50,000
Lane County, OR
$595,000
Anne Arundel County, MD
$495,000
Cherry Hill, NJ
$400,000
Available in Multiple Locations
$50,000
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
Dutchess County, NY
$175,000
Johns Creek, GA
$300,000
Michael Rooney
Murphy Business & Financial Corporation
Serving Dubuque County, IA
Murphy Business & Financial Service LLC is one of the largest and most successful business brokerage firms in North America with offices conveniently located throughout the United States and Canada. We provide our clients with purchasing, selling, acquisition, valuation, franchising, machinery/equipment appraisal/brokerage, and consulting services - guaranteeing the highest level of professionalism in the industry. We promise you will not find a more complete, thorough and professional experience as the one Murphy Business can provide.
Wilmington, DE
$80,000
Available in Multiple Locations
$45,000
Easton, MA
$67,000
Pontiac, MI
$285,000
Poughkeepsie, NY
$150,000
Brockton, MA
$370,000
Maywood, NJ
$629,000
Massachusetts
$98,000
REAL ESTATE INCLUDED
Plano, TX
$3,200,000
Marlboro, NJ
$450,000
Sandy Springs, GA
$400,000
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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