Westlake Village, CA
$350,000
Westlake Village, CA
$350,000
Powder Springs, GA
$59,000
Nassau County, NY
$400,000
Flushing, NY
$495,000
Norwood, MA
$125,000
Pennsauken, PA
$100,000
Mississauga, ON
$649,000
Gilbert, AZ
$180,000
Acworth, GA
$700,000
Columbia County, OR
$120,000
Available in Multiple Locations
$75,000
Lawrenceville, GA
$75,000
Idaho Falls, ID
$299,000
$159,000
Topeka, KS
Cumberland County, NC
$160,000
Atlanta, GA
$80,000
Jon Barger, CBB, SBA
Tucson Business Investments
Serving Pima County, AZ
Tucson Business Investments has a 43 year history as the most successful Business Brokerage firm in Tucson. Tucson Business Investments has sold the most businesses in Tucson and throughout Southern Arizona and our goal is to continue to sell the most businesses in our area for years to come. TBI is the only Business Brokerage firm in Tucson that is A+ Accredited by the Better Business Bureau. Contact us today to schedule a free confidential meeting with one of our licensed agents. 520-750-1764 TBI@TucsonBusiness.com www.TucsonBusiness.com
Knox County, TN
$795,000
Denver, CO
$99,000
Mecklenburg County, NC
$261,500
Great Neck, NY
$395,000
Henderson, NV
$99,000
Available in Multiple Locations
$50,000
Duluth, GA
$70,000
REAL ESTATE INCLUDED
Cheyenne, WY
$725,000
$700,000
Littleton, CO
Bend, OR
$525,000
Long Beach, CA
$80,000
Queens, NY
$395,000
Charlotte County, FL
$250,000
San Diego County, CA
$450,000
Suffolk County, NY
$70,000
Miami, FL
$375,000
Available Nationwide
$30,000
Englewood, CO
$250,000
Rochester Hills, MI
$85,000
$2,000,000
Delaware County, PA
Salisbury, MD
$250,000
Oakland County, MI
$315,000
Available Nationwide
$50,000
Oakland County, MI
$315,000
Lake Forest, CA
$445,000
San Jose, CA
$250,000
Westminster, CO
$80,000
Hampstead, MD
$75,000
Chris Gordon
Atlas Business Brokers
Serving Arapahoe County, CO
Atlas Business Brokers is a full-service business brokerage firm based in Colorado, dedicated to helping business owners sell their businesses in a professional and efficient manner. Our team of experienced brokers has a deep understanding of the local business landscape, allowing us to provide clients with unparalleled market insights and access to potential buyers. We take the time to get to know our clients and their businesses to ensure that we can provide tailored solutions to meet their unique needs. At Atlas Business Brokers, we pride ourselves on our professionalism, integrity, transparency and commitment to providing exceptional customer service. We understand that selling a business can be a stressful and emotional process, and we work closely with our clients every step of the way to make the process as smooth and seamless as possible. Our services include business evaluation, marketing and advertising, buyer screening and qualification, negotiation and deal structuring, and transaction management. We also offer consulting services to help businesses improve their operations and increase their value. Whether you are a business owner looking to retire or a small business owner looking to sell your business, Atlas Business Brokers is here to guide you through the process and can help you achieve your business goals.
Dallas County, TX
$125,000
Tarrant County, TX
$190,000
$189,000
Selden, NY
Federal Heights, CO
$220,000
Ouachita County, LA
$900,000
Available in Multiple Locations
$100,000
Fair Oaks, CA
$85,000
Contra Costa County, CA
$550,000
Long Beach, CA
$230,000
REAL ESTATE INCLUDED
New Haven County, CT
$480,000
Wayne, PA
$500,000
Washington, DC
$225,000
REAL ESTATE INCLUDED
Solano County, CA
$2,650,000
Santa Rosa, CA
$495,000
Louisville, TN
$750,000
Available Nationwide
$150,000
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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