Union County, NJ
This well-established dry cleaning business has been successfully operating for over 17 years in a busy, high-traffic area. The plant services multiple drop stores and has built a strong reputation...
Dry Cleaners For Sale in New Jersey
Market Info
Thriving Dry Cleaner in Prime Union location– 17 Years of Success!
$285,000
Absentee Cleaners for Sale! Nets 168k! 325 5-star reviews!
Somerset County, NJ
Newly Listed! Beautiful dry cleaners for sale! This gorgeous dry cleaning business is run ABSENTEE. Brand new boiler that cost $35k. Turn key business that has room to double its capacity. This...
6
$699,000
Cash Flow: $168,000
Profitable Dry wet claener
Mercer County, NJ
Profitable dry cleaner in a shopping center, where there are many WELL-KNOWN national stores. The current business is returning to its pre-COVID level....
$250,000
Cash Flow: $137,000
Profitable Dual Business Opportunity!
Spring Lake, NJ
Seize this unique opportunity to own a well-established, highly profitable dual business in a prime location with a phenomenal reputation in its community! This turnkey operation combines a successful...
$775,000
Laundromat with Property
Atlantic County, NJ
$700,000
Dry Cleaning Business with Building & Land – Redevelopment Opportunity
Clark, NJ
$450,000
Dry Cleaner Drop store
Union County, NJ
$190,000
Laundromat Available
Passaic County, NJ
$450,000
The Most Blessed Family Owned Dry Cleaners | 25 Yr + Established
Pequannock Township, NJ
Not Disclosed
Dry Cleaner For Sale or rent
Camden County, NJ
$50,000
FranchiseStardust Solar
Available in New Jersey
$50,000
Organic High Volume Dry Cleaner w/ D/C Manager!
Bergen County, NJ
$950,000
Dry Cleaner in Summit, NJ
Summit, NJ
$240,000
Organic Dry Cleaner in Monmouth County!
Monmouth County, NJ
$350,000
Profitable Dry Cleaner Middlesex Co.
Middlesex County, NJ
$120,000
Dry Cleaning Business / Dry Cleaners
Cape May County, NJ
$150,000
Larry Lynn
Serving Essex County, NJ
Murphy Business is one of the largest and most successful business brokerage firms in the country with over 100 offices conveniently located throughout the United States and Canada. Our office is strategically located in Montclair, New Jersey (NJ) where the suburbs meet the city. With New York City (NYC) and the Metro New York suburbs on our doorstep our office is perfectly positioned to service our diverse clientele. Darren Smith and the Montclair Business broker team can help you sell your business or help you find the right one to buy. Choosing to partner with a national business brokerage provides advantageous reach.
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Organic WET Dry Cleaner Plant in Monmouth County!
Monmouth County, NJ
$600,000
Established Dry Cleaner in a great neighborhood | 17 Years in Business
Atlantic Highlands, NJ
$175,000
Dry Cleaner in Merchantville, NJ
Merchantville, NJ
$40,000
Dry Cleaner in Cherry Hill
Cherry Hill, NJ
$100,000
Dry Cleaner in Sicklerville, NJ
Sicklerville, NJ
$100,000
FranchiseNoble Locksmith
Available Nationwide
$105,000
Dry Cleaner in Berlin, NJ
Berlin, NJ
$135,000
Wealthy Area Organic Dry Cleaner
Camden County, NJ
$400,000
Wealthy Area Dry Cleaner!
Gloucester County, NJ
$675,000
Eco Dry Cleaners
Toms River, NJ
$175,000
Dry Cleaner in Cherry Hill
Cherry Hill, NJ
$400,000
Long Established Profitable Dry Cleaner with Alteration /Tailoring
Maywood, NJ
$629,000
"Dry Cleaner for sale (Drop shop & Plant)"
Marlboro, NJ
$450,000
Dry Cleaner in Maple Shade, NJ
Maple Shade, NJ
$200,000
Asset SaleTurn-Key Dry Cleaners – Take Over Lease - Fully Equipped!
Pemberton Township, NJ
$2,000
Asset SaleHigh Volume ,Profitable,Dry Cleaning,Alteration/Laundry in Large Mall.
Ocean County, NJ
$499,000
FranchiseAmeriSpec Inspection Services
Available in New Jersey
$30,000
Real EstatePrime Location , Dry Cleaners with Property
Rahway, NJ
$1,000,000
Real EstateDry cleaner and Alteration with property in prime location
Livingston, NJ
$2,200,000
Buy or Sell a Dry Cleaning Business in New Jersey
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 in New Jersey, 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 in the state. All data is based on broker and business owner provided financial information.
Market Overview
|
Number of Businesses Analyzed |
25 |
|
Median Asking Price |
$230,750 |
|
Median Reported Revenue |
$348,599 |
|
Median Reported Earnings |
$160,000 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
New Jersey Dry Cleaner Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.61 |
1.42 |
|
Median |
0.78 |
2.22 |
|
Upper Quartile |
0.95 |
2.57 |
|
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 in New Jersey?
The median asking price for a dry cleaning business in New Jersey is approximately $230,750. 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 in New Jersey report median annual sales of $348,599 and annual owner earnings of $160,000. 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. In New Jersey, dry cleaner revenue/sales multiples range from 0.61 to 0.95, with the median at 0.78. Earnings multiples range from 1.42 to 2.57, with the median at 2.22. These values suggest a typical New Jersey 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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