Norwood, MA
We specialize in professional dry cleaning and garment care, ensuring your clothes look fresh, crisp, and ready to wear....

Norwood, MA
We specialize in professional dry cleaning and garment care, ensuring your clothes look fresh, crisp, and ready to wear....
$811,276
Cash Flow: $199,423

Plymouth County, MA
$97,500

Somerville, MA
$100,000

Norwood, MA
$90,000
Bristol County, MA
$649,000
Haverhill, MA
$159,000
Boston, MA
$78,000
Norfolk County, MA
$80,425
Norfolk County, MA
$353,157
REAL ESTATE INCLUDED
Essex County, MA
$1,750,000
Available in Massachusetts
$75,000
Middlesex County, MA
$115,000
Worcester County, MA
$139,000
Norfolk County, MA
$351,107
Middlesex County, MA
$1,200,000
Suffolk County, MA
$69,000
Heather Perkins
The Boston Restaurant Group Inc.
Serving Essex County, MA
The Boston Restaurant Group, Inc. is a commercial real estate firm that has specialized in selling restaurants, leasing restaurant space and appraising restaurants in the Greater Boston area for over 35 years. We look forward to working with you! We can be reached at: 978-887-9895 Phone Website: www.bostonrestaurantgroup.com. CONTACTS: Charlie Perkins, Principle Heather Perkins, Vice President
Norfolk County, MA
$399,000
Worcester County, MA
$220,000
Wilmington, MA
$49,000
Worcester County, MA
$349,000
Brockton, MA
$370,000
Available Nationwide
$50,000
Massachusetts
$98,000
Middlesex County, MA
$160,000
Essex County, MA
Not Disclosed
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 12 |
| Median Asking Price | $192,000 |
| Median Reported Revenue | $206,172 |
| Median Reported Seller's Discretionary Earnings | $98,316 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $83,856 | $192,000 | $364,618 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Dry Cleaners for sale in Massachusetts.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $154,230 | $60,000 |
| Median | $206,172 | $98,316 |
| Upper Quartile | $384,651 | $155,502 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Dry Cleaners listed for sale in Massachusetts.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.64 | 1.39 |
| Median | 0.82 | 1.93 |
| Upper Quartile | 0.90 | 3.25 |
| Find out what these types of businesses actually sell for with a BizBuySell Valuation Report | ||
FAQ's
How much does it cost to buy a Dry Cleaner in Massachusetts?
The median asking price for an established Dry Cleaner in Massachusetts is $192,000, though prices range from under $83,856 to well over $364,618.
How much do Dry Cleaners owners in Massachusetts earn?
The median reported revenue of Dry Cleaners in Massachusetts is $206,172 and owners earn a median of $98,316, which includes the owners salary and any other financial benefits they receive.
How do I value a Dry Cleaner?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Dry Cleaners in Massachusetts, revenue multiples range from 0.64 to 0.90, with a median of 0.82. Earning multiples range from 1.39 to 3.25, with the median at 1.93. This means the typical Dry Cleaner in Massachusetts may ask for around 0.82 times its annual revenue, and 1.93 times its annual owner earnings.
More for Business Owners
Create an Owner AccountSell Your BusinessFind a Business BrokerLearn About Selling a BusinessMore for Business Buyers
Create a Buyer AccountLearn About Buying BusinessesGet BizBuySell Edge