Lawrenceville, GA
$290,000
Lawrenceville, GA
$290,000
Lawrenceville, GA
$270,000
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
Available in Multiple Locations
$250,000
Acworth, GA
$700,000
Suffolk County, NY
$425,000
$200,000
Pflugerville, TX
Lawrenceville, GA
$75,000
Idaho Falls, ID
$240,000
Arvle Knight
Transworld Business Advisors of Phoenix NE
Serving Maricopa County, AZ
Transworld Business Advisors is both the world's largest business brokerage and also deeply local in the 200+ communities in which it operates around the country and the world. Our size gives us tremendous advantage and complements our ability to better serve our clients on matters of business ownership interests. I guarantee that no one else will work as hard on your behalf as our team will. We go above and beyond because we know the importance of achieving outstanding results for our clients. We are not content with merely doing great work, we want our clients to truly feel helped, supported, and appropriately counseled throughout our collaboration. We want our clients to tell their friends and relatives of their great experience with our Transworld team. Choose an in-state broker that can offer you excellent service and is part of your community!
Cumberland County, NC
$160,000
Atlanta, GA
$80,000
Knox County, TN
$795,000
Denver, CO
$99,000
Mecklenburg County, NC
$261,500
Available Nationwide
$60,000
Great Neck, NY
$395,000
Henderson, NV
$99,000
$159,000
Topeka, KS
Duluth, GA
$70,000
REAL ESTATE INCLUDED
Cheyenne, WY
$725,000
REAL ESTATE INCLUDED
Erie, PA
$1,600,000
Bend, OR
$525,000
Long Beach, CA
$80,000
Queens, NY
$395,000
Charlotte County, FL
$250,000
Available Nationwide
$50,000
San Diego County, CA
$450,000
Suffolk County, NY
$70,000
$700,000
Littleton, CO
Miami, FL
$375,000
Maricopa County, AZ
$66,000
Available in Multiple Locations
$55,000
Englewood, CO
$250,000
Rochester Hills, MI
$85,000
Salisbury, MD
$250,000
Oakland County, MI
$315,000
Oakland County, MI
$315,000
Travis Webb
Panhandle Business Brokers
Serving Okaloosa County, FL
Lake Forest, CA
$445,000
San Jose, CA
$250,000
$2,000,000
Delaware County, PA
Westminster, CO
$80,000
Hampstead, MD
$75,000
Available in Multiple Locations
$50,000
Dallas County, TX
$125,000
Tarrant County, TX
$190,000
Federal Heights, CO
$220,000
Ouachita County, LA
$900,000
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
Available Nationwide
$50,000
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.
More for Business Buyers:
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