Union County, NJ
$145,000

Union County, NJ
$145,000
Rocklin, CA
$200,000

Atlanta, GA
$360,000
Pasadena, CA
$50,000
REAL ESTATE INCLUDED
Killeen, TX
$699,999
Newport News, VA
$120,000
Middlesex County, MA
$115,000
Passaic County, NJ
$450,000
Smyrna, GA
$145,000
Worcester County, MA
$149,000
Available in Multiple Locations
$60,000
Palm Beach County, FL
$225,000
Minnesota
$190,000
Lawrenceville, GA
$290,000
Westlake Village, CA
$350,000
Powder Springs, GA
$70,000
Ryan Clark - CM&AA, CEPA
Veld Mergers & Acquisitions
Serving Los Angeles County, CA
We strive to help our clients realize their unique definition of success. To achieve this, our team provides a comprehensive service offering aimed at supporting lower middle market business owners at nearly all stages of their company’s lifecycle. Our team has supported over 2,000 clients since 2002 and completed more than 1,150 transactions. This experience, coupled with our history as founders, owners and operators ourselves provides our team with an unparalleled practical knowledge base and real world perspective that is aligned with our clients. When we provide mergers & acquisitions advisory services, explore capital sourcing and deployment options, evaluate valuation drivers or structure a realistic exit plan, we do so knowing that our clients rely on us to help manage what may be their largest asset and the culmination of years of extraordinary efforts. If our client has an interim leadership need, we approach the assignment as if it were our business, reputation, investment and our future retirement at stake – because ultimately it is. The value we provide and the quality of our efforts will make or break a successful engagement. In doing so we are not only able to capitalize on each of our management experiences, but we are also able to draw from best practices learned from working with thousands of clients across all industry sectors. As a result our perspective is broad and our resource base is vast. Our full service approach supports the notion that your business is more than just a transaction to you and us, it’s our business too. Your success translates into our success, just as we shoulder the burden of any failure. As a result we consider ourselves to not only be our client’s solutions advisor, but also their partner.
Nassau County, NY
$400,000
Flushing, NY
$495,000
Pennsauken, PA
$100,000
Mississauga, ON
$649,000
Available in Multiple Locations
$75,000
Acworth, GA
$700,000
Lawrenceville, GA
$75,000
Atlanta, GA
$80,000
Phoenix, AZ
$265,000
Knox County, TN
$795,000
Norfolk County, MA
$351,107
Great Neck, NY
$395,000
Henderson, NV
$99,000
Duluth, GA
$70,000
Available Nationwide
$45,000
Covington, WA
$400,000
REAL ESTATE INCLUDED
Erie, PA
$1,600,000
Vallejo, CA
$329,000
Long Beach, CA
$80,000
Available in Multiple Locations
$100,000
Queens, NY
$395,000
Miami, FL
$385,000
Englewood, CO
$250,000
Rochester Hills, MI
$85,000
Oakland County, MI
$315,000
Oakland County, MI
$315,000
Hampstead, MD
$75,000
Dallas County, TX
$125,000
Dennis Hayes
WCI Business Sales
Serving Maricopa County, AZ
WCI is Arizona’s oldest business brokerage firm at 57 years. In that time, we have sold and closed > 5,000 privately held, Arizona based businesses. Like most start-ups, the firm had very humble beginnings until ultimately hard work and reputation supplied sufficient traction to scale up our size. As a firm, we are “generalists” able and willing to sell most anything with reliable earnings and credible financials. Some of our agents have specialties with an extra depth of industry specific knowledge.
Federal Heights, CO
$220,000
Available Nationwide
$100,000
Fair Oaks, CA
$85,000
Drexel Hill, PA
$260,000
Delaware County, PA
$500,000
Washington, DC
$225,000
Santa Rosa, CA
$495,000
Louisville, TN
$750,000
Lawrenceville, GA
$99,000
Fairfax, VA
$550,000
REAL ESTATE INCLUDED
Floyd County, GA
$3,800,000
Available in Multiple Locations
$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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