King County, WA
Dry Cleaners For Sale
Delaware County, PA
Tempe, AZ
Montgomery County, PA
Suffolk County, NY
Kitsap County, WA
REAL ESTATE INCLUDED
Pulaski County, AR
Northampton County, PA
Bucks County, PA
Inglewood, CA
Available Nationwide
Berlin, NJ
Alpharetta, GA
Johns Creek, GA
Jacksonville, FL
Montgomery County, PA
Nathan Hughes
Sperity Real Estate Ventures
Serving Richmond City County, VA
Sperity is a coined term, a combination of Inspire, Prosperity, and Integrity. We strive to bring all of those aspects to every interaction that we have, whether it is with a client, a customer, a competitor, or with anyone else. We are a commercial real estate and business brokerage firm that works under a different model than anything else we’ve seen in the field. With the emphasis on treating our employees as a team, we incentivize excellent customer service and making sure that the whole company is working on every deal that we take on. We have worked especially well with restaurants, churches, and real estate developers. Each member of our team comes with an extensive background in one or more of these specialized fields. Before taking on projects outside of these specializations, we analyze each one on a case by case basis to be sure that we will provide superior results.
Annapolis, MD
New City, NY
Louisiana
Delaware County, PA
Available in Multiple Locations
Plymouth, MI
Lane County, OR
Cherry Hill, NJ
Roseville, CA
Kings County, NY
Plymouth, MI
Hudson County, NJ
Wilmington, DE
Maywood, NJ
Available in Multiple Locations
Massachusetts
North Kingstown, RI
Maple Shade, NJ
Georgia
Available Nationwide
Fort Lauderdale, FL
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 318 |
| Asking Price | $267,500 |
| Reported Revenue | $306,686 |
| Reported Seller's Discretionary Earnings | $120,000 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $150,000 | $267,500 | $478,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Dry Cleaners for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $203,073 | $78,000 |
| Median | $306,686 | $120,000 |
| Upper Quartile | $502,843 | $195,757 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Dry Cleaners listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.64 | 1.63 |
| Median | 0.83 | 2.27 |
| Upper Quartile | 1.03 | 2.99 |
FAQ's
How much does it cost to buy a Dry Cleaner?
The median asking price for an established Dry Cleaner is $267,500, though prices range from under $150,000 to well over $478,000.
How much do Dry Cleaners owners earn?
The median reported revenue of Dry Cleaners is $306,686 and owners earn a median of $120,000, 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, revenue multiples range from 0.64 to 1.03, with a median of 0.83. Earning multiples range from 1.63 to 2.99, with the median at 2.27. This means the typical Dry Cleaner may ask for around 0.83 times its annual revenue, and 2.27 times its annual owner earnings.
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