King County, WA
$70,000
King County, WA
$70,000
Bucks County, PA
$300,000
Inglewood, CA
$475,000
Berlin, NJ
$135,000
Suffolk County, NY
$695,000
Dana Point, CA
$995,000
REAL ESTATE INCLUDED
Cook County, IL
$650,000
Camden County, NJ
$365,000
Alpharetta, GA
$55,000
Johns Creek, GA
$55,000
Available in Multiple Locations
$150,000
Broward County, FL
$699,000
Washington, DC
$199,000
Miami, FL
$199,000
Gloucester County, NJ
$675,000
Winter Park, FL
$192,694
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.
Hamilton County, OH
$450,000
Baltimore, MD
$499,000
Toms River, NJ
$159,000
Santa Clara County, CA
$840,000
Available in Multiple Locations
$100,000
Palm Beach County, FL
$999,999
Jacksonville, FL
$175,000
Yorba Linda, CA
$80,000
Chandler, AZ
$595,000
Montgomery County, PA
$350,000
Portland, OR
$39,000
Annapolis, MD
$200,000
Oakland County, MI
$675,000
Oakland County, MI
$675,000
Available in Multiple Locations
$65,000
Philadelphia, PA
$250,000
Essex County, MA
$230,000
New City, NY
$400,000
Denver, CO
$220,000
Available Nationwide
$40,000
Marietta, GA
$260,000
Johns Creek, GA
$250,000
Loganville, GA
$299,000
Mesa, AZ
$95,000
Louisiana
$55,000
Yorktown, VA
$50,000
La Mirada, CA
$70,000
Denver, CO
$195,000
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.
REAL ESTATE INCLUDED
Dougherty County, GA
$3,995,000
Available in Multiple Locations
$200,000
REAL ESTATE INCLUDED
Beaumont, TX
$995,000
Pinellas County, FL
$275,000
Miami Beach, FL
$145,000
Elk Grove, CA
$215,000
Astoria, NY
$1,300,000
West Palm Beach, FL
$495,000
Charleston County, SC
$895,000
Brooklyn, NY
$160,000
Jamaica, NY
$265,000
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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