Essex County, MA
$230,000

Essex County, MA
$230,000

New City, NY
$400,000
Marietta, GA
$260,000
Johns Creek, GA
$250,000
Loganville, GA
$299,000
Louisiana
$55,000
REAL ESTATE INCLUDED
Dougherty County, GA
$3,995,000
Pinellas County, FL
$275,000
Elk Grove, CA
$215,000
Astoria, NY
$1,300,000
Available Nationwide
$50,000
West Palm Beach, FL
$495,000
Brooklyn, NY
$160,000
Jamaica, NY
$265,000
Delaware County, PA
$220,000
Jackson County, GA
$600,000
Haroon Bhatti
Capital 1 Business Brokers
Serving Oakland County, MI
Since 2000, Capital Business Brokerage has been dedicated to serving business owners with our team of professional and experienced business brokers. What sets us apart is that many of our brokers have firsthand entrepreneurial experience, allowing us to truly understand the intricacies of selling and buying a business. We recognize that the decision to sell or purchase a business is a significant milestone in your life. That's why our primary goal is to help you achieve your goals with the utmost professionalism and expertise. From the initial listing to the final closing, our dedicated team is personally involved in every step of the transaction, ensuring a seamless and successful process. With Capital Business Brokerage, you can expect more than just assistance – we offer a personalized approach tailored to your specific needs. Our team is committed to providing you with professional, honest, and thorough guidance throughout the entire journey. By choosing us as your trusted partners, you can rest assured that you're making the best decision when it comes to selling or purchasing a business. Contact us at Capital Business Brokerage today and experience the difference firsthand. Let us help you navigate and negotiate the sale, ensuring a successful outcome for all parties involved.
Canton, MI
$300,000
REAL ESTATE INCLUDED
Providence County, RI
$600,000
Woodbridge, VA
$350,000
Atlanta, GA
$480,000
Available Nationwide
$25,000
Plymouth, MI
$50,000
Lane County, OR
$595,000
Middlesex County, MA
$80,000
Anne Arundel County, MD
$495,000
Santa Clara, CA
$75,000
Tippecanoe County, IN
$620,000
Cherry Hill, NJ
$400,000
Roseville, CA
$199,000
Woodstock, GA
$150,000
Available in Multiple Locations
$50,000
Kings County, NY
$1,300,000
Canton, GA
$200,000
Plymouth, MI
$300,000
Chandler, AZ
$179,000
Available in Multiple Locations
$50,000
Hall County, GA
$359,000
Dutchess County, NY
$175,000
San Rafael, CA
$149,000
Johns Creek, GA
$300,000
Wilmington, DE
$80,000
Easton, MA
$67,000
Pontiac, MI
$285,000
Poughkeepsie, NY
$150,000
Diana Espino
XL Business Brokers LLC
Serving Miami-Dade County, FL
Having worked intensively in the South and Central Florida Market, our team has managed to gain a position of excellence in the public preferences, locally and internationally. In our organization we are proud to have professional levels of expertise in the areas of ongoing business brokerage, franchising, commercial and residential properties. All our associates are fully bilingual in Spanish and English, are licensed in real estate in the state of Florida, and are active members of the Association of Realtors™ and of the Association of Business Brokers of Florida. Contact us and get the nice feeling of being in the hands of experts who are fully aware of the importance that it has for you to place your investment resources in the Florida Market.
Plymouth County, MA
$118,000
Available in Multiple Locations
$50,000
Brockton, MA
$370,000
Maywood, NJ
$629,000
Boston, MA
$98,000
REAL ESTATE INCLUDED
Plano, TX
$3,200,000
Macomb County, MI
$199,000
Macomb County, MI
$199,000
Westborough, MA
$75,000
Marlboro, NJ
$450,000
Sandy Springs, GA
$400,000
Available in Multiple Locations
$30,000
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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