Northville, MI
$500,000
Dry Cleaners For Sale in Michigan
Full plant establised eco friendy dry cleaner
Dry Cleaners W/ Alterations
Oakland County, MI
$75,000
Dry Cleaners w/ Alterations
Oakland County, MI
$75,000
Only laundromat in 20 miles, REAL ESTATE INCLUDED
REAL ESTATE INCLUDED
West Branch, MI
$675,000
Dry Cleaners
Oakland County, MI
$125,000
Turnkey Dry Cleaner Next to Kroger-all newer eqmt
Oakland Township, MI
$230,000
Dry Cleaners
Oakland County, MI
$160,000
Dry Cleaners
Oakland County, MI
$160,000
Dry Cleaners
Oakland County, MI
$125,000
Profitable Dry Cleaner– Turnkey Operation in Rochester Hill!
Rochester Hills, MI
$150,000
FranchiseMr. Electric
Available Nationwide
$65,000
Dry cleaner drop-off store in heart of city
Rochester Hills, MI
$85,000
Dry Cleaners
Oakland County, MI
$315,000
Dry Cleaners
Oakland County, MI
$315,000
High sales dry cleaner on main thru-put road
Canton, MI
$300,000
Dry cleaners full plant at busy location at low price
Plymouth, MI
$28,500
Jessica Starks
Transworld Business Advisors of Grand Rapids | Lansing
Serving Kent County, MI
Transworld Business Advisors focus on three core concepts: business brokerage, franchise consulting and franchise development. In today’s economy, there are more people looking to buy and sell businesses than ever before. When a company owner needs to sell their business, they can’t just stick a for sale sign in the window. They need the assistance of a business broker to locate and vet potential buyers. On the other side, buyers rely on the broker to help facilitate the process of evaluating potential businesses and franchises for sale. A Transworld Business Advisor is the solution for both scenarios. For over forty years, Transworld has specialized in the sale of businesses. We have over 300 offices nationwide and over 1,000 brokers to serve our clients.
Contact me
Dry Cleaners in busy growing area
Plymouth, MI
$300,000
High sale dry cleaner with real estate
Pontiac, MI
$285,000
Dry Cleaners
Macomb County, MI
$139,000
Buy or Sell a Dry Cleaner in Michigan
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 11 |
| Median Asking Price | $300,000 |
| Median Reported Revenue | $250,000 |
| Median Reported Seller's Discretionary Earnings | $100,000 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $125,000 | $300,000 | $315,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Dry Cleaners for sale in Michigan.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $170,000 | $88,750 |
| Median | $250,000 | $100,000 |
| Upper Quartile | $340,000 | $200,000 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Dry Cleaners listed for sale in Michigan.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.79 | 1.58 |
| Median | 0.90 | 2.01 |
| Upper Quartile | 1.06 | 2.41 |
| Find out what these types of businesses actually sell for with a BizBuySell Valuation Report | ||
FAQ's
How much does it cost to buy a Dry Cleaner in Michigan?
The median asking price for an established Dry Cleaner in Michigan is $300,000, though prices range from under $125,000 to well over $315,000.
How much do Dry Cleaners owners in Michigan earn?
The median reported revenue of Dry Cleaners in Michigan is $250,000 and owners earn a median of $100,000, 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 in Michigan, revenue multiples range from 0.79 to 1.06, with a median of 0.90. Earning multiples range from 1.58 to 2.41, with the median at 2.01. This means the typical Dry Cleaner in Michigan may ask for around 0.90 times its annual revenue, and 2.01 times its annual owner earnings.
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