New Castle County, DE
$950,000
New Castle County, DE
$950,000

Suffolk County, NY
$300,000
Camden County, NJ
$50,000

Nassau County, NY
$270,000
San Bernardino County, CA
$180,000
Baltimore, MD
$450,000
Marietta, GA
Not Disclosed
Cash Flow: $200,000
Katy, TX
$65,000
Conyers, GA
$230,000
Easton, MD
$1,100,000
Available in Multiple Locations
$50,000
Santa Clara County, CA
$179,500
Diamond Bar, CA
$235,000
Alpharetta, GA
$540,000
Bergen County, NJ
$950,000
Leesburg, VA
$150,000
Mike Miller
IBEX
Serving Travis County, TX
Sterling, VA
$100,000
Santa Clara County, CA
$179,500
Summit, NJ
$240,000
Thousand Oaks, CA
$350,000
Available in Multiple Locations
$65,000
REAL ESTATE INCLUDED
Linn County, IA
$775,000
Monmouth County, NJ
$350,000
Hialeah, FL
$1,500,000
Levittown, NY
$250,000
Shelby County, TN
$299,000
REAL ESTATE INCLUDED
Lake County, FL
$1,895,000
Middlesex County, NJ
$120,000
Manassas, VA
$130,000
Kennesaw, GA
$220,000
Available in Multiple Locations
$50,000
Saratoga County, NY
$250,000
Sacramento, CA
$235,000
Whittier, CA
$160,000
Phoenix, AZ
$700,000
Available Nationwide
$50,000
Cape May County, NJ
$150,000
Delaware County, PA
$89,900
King County, WA
$250,000
Dallas County, TX
$275,000
Brevard County, FL
$314,999
Evergreen, CO
$160,000
Melbourne, FL
$275,000
Beaumont, TX
$395,000
Emery Ellinger
Aberdeen Advisors, Inc.
Serving Pinellas County, FL
Aberdeen Advisors, Inc. is a premier Mergers & Acquisitions Advisory firm specializing in representing companies with annual revenues in the $10-$100+ million range with owners that wish to sell within one to two years. Aberdeen's primary industries of focus include healthcare, manufacturing, distribution and business services.
San Francisco County, CA
$176,000
Available in Multiple Locations
$50,000
Seattle, WA
$290,000
Yardley, PA
$150,000
Merrick, NY
$130,000
Arvada, CO
$40,000
Oakland County, MI
$110,000
Maricopa County, AZ
$285,000
Virginia
$4,300,000
Livermore, CA
$349,000
Norfolk County, MA
$399,000
Available in Multiple Locations
$110,000
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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