Kennesaw, GA
$88,900
Kennesaw, GA
$88,900
Alpharetta, GA
$540,000
Bergen County, NJ
$980,000
Leesburg, VA
$150,000
Phoenix, AZ
$275,000
Sterling, VA
$100,000
Montclair, VA
$80,000
Santa Clara County, CA
$179,500
Summit, NJ
$240,000
Miami, FL
$385,000
Available Nationwide
$50,000
Thousand Oaks, CA
$350,000
REAL ESTATE INCLUDED
Linn County, IA
$775,000
Monmouth County, NJ
$350,000
Catonsville, MD
$295,000
Hialeah, FL
$1,500,000
Patrick McAdams
Murphy Business & Financial Services LLC
Serving Waukesha County, WI
Murphy Business is one of the largest and most successful business brokerage firms in the country with business brokers conveniently located throughout the United States and Canada. The Milwaukee – Waukesha (WI) office provides beneficial connections in Milwaukee and surrounding areas. Choosing to partner with a national business broker provides an advantageous reach of over one hundred offices that have affiliations with National and International Business Brokerage and Merger & Acquisition associations.
Levittown, NY
$250,000
Shelby County, TN
$299,000
Pasadena, CA
$50,000
REAL ESTATE INCLUDED
Lake County, FL
$1,895,000
Available in Multiple Locations
$200,000
Middlesex County, NJ
$120,000
Lawrenceville, GA
$190,000
Manassas, VA
$150,000
Oakland County, MI
$125,000
Oakland County, MI
$125,000
Kennesaw, GA
$220,000
Saratoga County, NY
$250,000
Sacramento, CA
$235,000
Whittier, CA
$160,000
Available in Multiple Locations
$50,000
Phoenix, AZ
$700,000
Cape May County, NJ
$150,000
Delaware County, PA
$89,900
King County, WA
$320,000
Available in Multiple Locations
$60,000
Dallas County, TX
$275,000
Brevard County, FL
$314,999
Evergreen, CO
$160,000
Melbourne, FL
$325,000
Orlando, FL
$69,000
San Francisco County, CA
$176,000
Norfolk County, MA
$80,425
Seattle, WA
$290,000
John Marin
IBR Group
Serving Orange County, FL
At IBR Group, Corp, we specialize in helping business owners sell and buyers find the right opportunities with confidence. We understand that every business is unique, and so is every transaction. That’s why we take a tailored approach to every deal, offering strategic guidance, clear communication, and hands-on support from start to finish. Whether you’re preparing to sell your business or looking to acquire one, we focus on making the process as smooth and efficient as possible. We handle everything from valuation and marketing to negotiations and closing, always with your goals in mind. Our mission is simple: deliver honest advice, expert execution, and successful outcomes for every client we serve.
Yardley, PA
$150,000
Available Nationwide
$45,000
Merrick, NY
$130,000
Arvada, CO
$40,000
Oakland County, MI
$110,000
Maricopa County, AZ
$285,000
Jonesboro, GA
$175,000
New Market, ON
$249,800
Virginia
$4,300,000
Litchfield County, CT
$25,000
Wilmington, DE
$750,000
Available Nationwide
$100,000
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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