Tacoma, WA
$270,000

Tacoma, WA
$270,000

Westchester County, NY
$250,000

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
REAL ESTATE INCLUDED
Lake City, FL
$499,000
Available in Multiple Locations
$50,000
Atlantic County, NJ
$700,000
Philadelphia, PA
$35,000
Montgomery County, PA
$300,000
Rochester Hills, MI
$150,000
Clark, NJ
$450,000
Steven Zimmerman, LCBB, M&AMI, LCBI, FIBBA
Restaurant Realty Company
Serving San Francisco County, CA
Restaurant Realty Company was founded by Steven D. Zimmerman in the San Francisco Bay Area in 1996. Since inception the company has developed into the largest California restaurant brokerage specializing in sales, acquisitions and leasing of restaurants, bars, nightclubs and related commercial buildings with local representation in the San Francisco Bay Area, Sacramento, Los Angeles, Orange County and San Diego markets. Restaurant Realty’s brokers and agents are well versed in conducting deals with independent restaurant owners, landlords, buyers, and lessees of businesses and real estate, as well as larger ownership groups and buyers of multi-unit operations, franchises and chains. Restaurant Realty’s current brokers and agents have had great success completing transactions with over 3,200 clients, selling/leasing over 1,600 restaurant, bar and/or nightclub businesses, nearly 75 related commercial buildings sold, representing over 3 Million square feet of commercial space leased and over 7,500 valuations completed.
Orlando, FL
$69,000
Mesa, AZ
$90,000
Denton County, TX
$555,000
San Francisco, CA
$100,000
Available in Multiple Locations
$75,000
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
Jonesboro, GA
$175,000
Available in Multiple Locations
$50,000
Washington, DC
$315,000
Volusia County, FL
$495,000
Mecklenburg County, NC
$261,500
Fort Collins, CO
$230,000
Available in Multiple Locations
$75,000
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
Will McCullough
Gold and Company, LLC
Serving Baltimore County, MD
Since 1999, the commercial real estate brokers at Gold and Company have provided superior services to sellers, buyers, landlords, and tenants in the Baltimore metropolitan area. When it comes to commercial real estate brokerage and development, we hold ourselves to the highest standard: THE GOLD STANDARD WE ARE READY WHEN YOU ARE READY Whether you are looking to purchase a warehouse or other industrial property, lease office or flex space, rent a retail location, or anything in between, we are ready when you are ready. YOUR SUCCESS IS OUR SUCCESS The team at Gold and Company takes pride in our mission-oriented approach. No one can beat our loyalty and decades of independence. As we like to tell our clients, your success is our success.
Pasadena, CA
$50,000
Available in Multiple Locations
$100,000
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
$285,000
Lawrenceville, GA
$290,000
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.
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