Denton County, TX
$499,000

Denton County, TX
$499,000
Cook County, IL
$125,000

Omaha, NE
$95,000
Scottsdale, AZ
$256,000
Houston, TX
$329,000
Montgomery County, PA
$150,000
District of Columbia, DC
$299,900
Suffolk County, NY
$424,999
San Diego County, CA
$650,000
Kitsap County, WA
$180,000
Available in Multiple Locations
$75,000
Sicklerville, NJ
$100,000
San Francisco, CA
$249,000
Silver Lake, CA
$229,000
REAL ESTATE INCLUDED
Pulaski County, AR
$585,000
Lawrenceville, GA
$70,000
Bethany MacLean
Cynergy Consulting Services, Inc.
Serving Erie County, NY
Trust in our brokerage expertise to navigate the complexities of selling a medical practice. We have successfully brokered the sale and transition of over 2000 medical practices, making us the go-to choice for providers seeking top-notch service. Did you know there are strategic steps you can take to significantly increase the value of your practice before listing it for sale? Most providers are unaware of these opportunities. At Cynergy Consulting, we know the secrets to enhancing your practice’s worth, ensuring you get the most from your sale. Our comprehensive Intermediary Services (practice brokerage and sale), as part of a physician’s exit strategy, allow doctors in solo or group practice to convert the hard-won equity in their practices into liquidity, which can then be diversified for purposes of retirement or investment. Most physicians choose to stay with their practice under a negotiated employment contract for a number of years after sale. All physicians over age fifty-five (55) should have an exit strategy to ensure that they can capture the full value of their medical practice before they begin to “wind down”. Our staff has facilitated the sale of hundreds of medical practices over the last forty years in all fifty (50) states.
Northampton County, PA
$175,000
Van Nuys, CA
$119,000
West Hills, CA
$149,000
Mountain View, CA
$349,000
Available Nationwide
$100,000
Los Angeles County, CA
$230,000
Powder Springs, GA
$360,000
Kane County, IL
$329,000
Orange County, CA
$275,000
Fairfield County, CT
$415,000
Montgomery County, PA
$300,000
King County, WA
$70,000
Bucks County, PA
$300,000
Inglewood, CA
$475,000
Available Nationwide
$50,000
Berlin, NJ
$135,000
Suffolk County, NY
$695,000
Dana Point, CA
$995,000
Camden County, NJ
$400,000
Available Nationwide
$50,000
Alpharetta, GA
$55,000
Johns Creek, GA
$55,000
Miami, FL
$199,000
REAL ESTATE INCLUDED
Foley, FL
$1,150,000
Baltimore, MD
$420,000
Toms River, NJ
$150,000
Palm Beach County, FL
$999,999
Jacksonville, FL
$175,000
Chris Taylor
Allan Taylor & Co.
Serving Benton County, AR
** M&A brokers focused on every aspect of selling your business ** Since October 2006, Allan Taylor has been focused exclusively on helping business owners with the sale of their most valuable asset: their business. We take your life’s work as seriously as you do. We give careful thought and consideration to each engagement we take, plus we make sure that our strengths are a good match for you and your goals for a sale. We’ll give you our honest opinion throughout the entire process, something we hope you will notice from our very first meeting! ** Quality over quantity makes us a “boutique” firm ** At Allan Taylor we build relationships before we broker deals. In order to give you our best, we prefer to work closely with a small number of successful and dedicated business owners. We spend hundreds of hours on the different phases involved in selling your business (typically a minimum of 200 hours), working collaboratively with your other advisors, as well as the buyer and their deal team. Our goal is to avoid disappointment by making sure all of our expectations are aligned before moving forward with selling your business. We do our best to partner with business owners who have similar values -- including honesty, transparency, respect and follow through. ** How we differ from traditional business brokers ** Finding the right people to help you sell your business can be a difficult task. Our clients tend to need a firm with a higher level of expertise and professionalism than the typical “Main Street” business brokerage firms, yet who are too small for the world of investment bankers. Allan Taylor fills the gap. We don’t run our business based on a real estate model and we won’t try to “sell” you on selling your business. On the contrary, we’ve found that successful sales require informed decisions, adequate preparation and a firm commitment from everyone involved. If we don’t think all of the ingredients are there for a successful sale, we’ll tell you as much and suggest working together on a plan to get you there. To learn more about us, please visit our website: www.allantaylor.co
Montgomery County, PA
$350,000
Available in Multiple Locations
$100,000
Portland, OR
$39,000
Annapolis, MD
$200,000
Philadelphia, PA
$250,000
Essex County, MA
$230,000
New City, NY
$400,000
Marietta, GA
$260,000
Johns Creek, GA
$250,000
Loganville, GA
$299,000
Louisiana
$55,000
Available in Multiple Locations
$60,000
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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