Dania Beach, FL
$347,000

Dania Beach, FL
$347,000

Tacoma, WA
$270,000

Westchester County, NY
$150,000

Ouachita County, LA
$900,000
Fuquay-Varina, NC
$521,000
West Grove, PA
$100,000
Fayetteville, GA
$250,000
Suffolk County, NY
$389,000
Forest Hills, NY
$110,000
Canton, MI
$45,000
Available in Multiple Locations
$250,000
REAL ESTATE INCLUDED
Lake City, FL
$499,000
Atlantic County, NJ
$700,000
Philadelphia, PA
$35,000
Montgomery County, PA
$300,000
Rochester Hills, MI
$150,000
Terry Watts
Murphy Business Sales
Serving Sacramento County, CA
Our customers and business associates appreciate our personal attention along with our unparalleled performance in all types of transactions that demand the highest standards of ethics and win-win outcomes for both buyer and seller. If you are searching for a highly respected business broker to partner with, your search is over with Murphy Business. We manage a comprehensive range of services that includes: - Sales of privately held businesses - Mergers and acquisitions - Business valuations - Appraisals of machinery and equipment - Commercial real estate and business consulting - And more… Every member of the Murphy Business team is dedicated to representing you in a way that will make you proud to do business with us. Our experience as business brokers, outstanding level of knowledge, and our broad network of business contacts assure your ultimate satisfaction. How Our Business Brokers Partner with Sellers At Murphy Business, we take the guesswork out of selling your business. Working closely with you at every stage of the sales process, we promise to help you attain the maximum sale price at an optimal profit. How Our Business Brokers Partner with Buyers Accessing our expansive business network across North America, we can assist you in making productive connections with companies and organizations that meet your interests. You will appreciate our methodical, proven approach that starts by listening to you and your plans for business ownership. We promise to get your deal done swiftly and efficiently. Our Track Record as Business Brokers Says It All Since 1994, Murphy Business has established a steady track record of successful business transactions with high closing ratios. Over the years, we have earned the respect of thousands of buyers and sellers across North America. * This independent Murphy Business Sales franchise is part of the Top Hat Business Group family of businesses.
Clark, NJ
$450,000
Orlando, FL
$69,000
Mesa, AZ
$90,000
Denton County, TX
$555,000
Available in Multiple Locations
$200,000
San Francisco, CA
$100,000
Snellville, GA
$125,000
Snellville, GA
$400,000
Bucks County, PA
$190,000
REAL ESTATE INCLUDED
Essex County, MA
$1,750,000
Gwinnett County, GA
$395,000
Orange County, FL
$90,000
Windsor, CA
Not Disclosed
Cash Flow: $120,000
Hernando, MS
$500,000
Available Nationwide
$60,000
Jonesboro, GA
$175,000
Volusia County, FL
$495,000
Mecklenburg County, NC
$261,500
Fort Collins, CO
$230,000
Available in Multiple Locations
$50,000
REAL ESTATE INCLUDED
Lawton, OK
$415,000
Catonsville, MD
$295,000
Washington, DC
$1,200,000
Erie, CO
$275,000
Lanham, MD
$350,000
Union County, NJ
$169,000
Rocklin, CA
$200,000
Atlanta, GA
$360,000
David Lee
J1 Commercial
Serving Orange County, CA
restaurant, office, Irvine, sushi, retail, Los Angeles, Down town, Japanese, Ramen, Orange county,
Pasadena, CA
$50,000
Available in Multiple Locations
$50,000
REAL ESTATE INCLUDED
Killeen, TX
$699,999
Newport News, VA
$120,000
Middlesex County, MA
$115,000
Passaic County, NJ
$450,000
Pequannock Township, NJ
Not Disclosed
Smyrna, GA
$145,000
Worcester County, MA
$149,000
Palm Beach County, FL
$225,000
Lawrenceville, GA
$290,000
Available in Multiple Locations
$75,000
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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