San Gabriel, CA
30+ Years Legacy Dry cleaners with Loyal Client Base-La Verne, CA This is a rare opportunity to acquire a well-established dry cleaning business in the city of La Verne. In continuous operation for...
$290,000
Cash Flow: $115,000

San Gabriel, CA
30+ Years Legacy Dry cleaners with Loyal Client Base-La Verne, CA This is a rare opportunity to acquire a well-established dry cleaning business in the city of La Verne. In continuous operation for...
$290,000
Cash Flow: $115,000

Glendale, CA
Dry Cleaning Business for Sale. Opportunity to own a well- established dry cleaning business that has been serving the community for many years. Located in one of Glendale’s best locations. This...
$210,000

Huntington Beach, CA
Established alteration business located in a prime corner shopping center in Huntington Beach, CA. This turnkey operation specializes exclusively in alteration services without dry cleaning, making it...
$60,000

Highland, CA
High performing dry cleaners for sale in a popular shopping center with high visibility. This location averages over 230 pieces a day! Here is what is included in the sale : 2 laundry pressing...
$500,000
Cash Flow: $284,400
Riverside County, CA
Established for over 50 years, this highly profitable dry cleaning business occupies a prime 1,800 sq. ft. location in a busy plaza at the heart of Palm Springs, offering excellent visibility and easy...
$499,000
Cash Flow: $240,000
Los Angeles, CA
This is your opportunity to own a very well established Dry Cleaners with Plant and alteration business in a prime area of Sherman Oaks on a very high visibility shopping center. After 50 years in...
$449,000
Cash Flow: $155,000
Los Angeles, CA
MORE® is pleased to present an established, full-service dry cleaning business for sale in the heart of Sherman Oaks. Operating at the same location for over 25 years, Rainbow Cleaners offers a...
$165,000
Lake Forest, CA
1). Monthly gross is $ 42,000 per month 2). Monthly rents $ 8,000 +$1,000 NNN 3).3 year Lease 4). size is approx.1,600 SF.+ High ceiling. 5). OWNER SINCE: 2004 6). The average net income possible is $...
$445,000
Cash Flow: $180,000
Sacramento County, CA
In 1978, the owners began their dry cleaning and laundry business in Sacramento. After numerous years of operations in the same building in which they started their business, they purchased land and...
$100,000
Cash Flow: $24,422
Riverside, CA
Don’t miss this excellent opportunity to own a well-established, full-service dry cleaning business in a high-visibility shopping center in Riverside. This business has been operating successfully for...
$160,000
Available Nationwide
Mr. Electric, a Neighborly company, is the nation's leading residential and commercial electrical services franchise. With us, business ownership is shockingly simple!
$65,000
See More FranchisesSan Mateo County, CA
Net $80,000/ year This is a rare opportunity to own a well-established dry cleaning business in a highly desirable area of San Mateo County. Located in a small, busy strip mall surrounded by...
$135,000
Woodland Hills, CA
Over 20 years in Woodland Hills serving the community with exceptional dry cleaning and laundry services as an agency. This location utilizes their own Plant and Full Service Dry cleaner located in...
$400,000
Santa Clara County, CA
$50,000
Contra Costa County, CA
$550,000
Long Beach, CA
$225,000
Harinder Garcha(Realtor)
Re/max Gold Commercial Santa Clara Valley
Serving Stanislaus County, CA
We specialize in connecting buyers and sellers in high-value business and commercial real estate transactions. Led by Harinder Singh Garcha, a seasoned business specialist with extensive experience and personal investments in gas stations, liquor stores, hotels, restaurants, entertainment, and various other businesses, our company is dedicated to maximizing value for our clients with real-world knowledge. With a deep understanding of market trends, financial analysis, and negotiation strategies, Harinder Singh Garcha has built a reputation for facilitating seamless transactions that benefit all parties involved. Whether you are looking to invest in a thriving business, sell your established enterprise, or expand your portfolio, our team provides expert guidance throughout the process. What We Do: - Business Sales & Acquisitions: Assisting buyers and sellers in purchasing and selling gas stations, convenience stores, hotels, liquor stores, and other businesses. - Investment Strategy Consulting: Providing data-driven insights and recommendations to help clients make informed investment decisions. Negotiation & Deal Structuring: Ensuring fair and beneficial agreements that align with our clients' goals. Why Choose Us?: - Industry Expertise: Years of experience in business and real estate transactions. - Extensive Network: Connections with qualified buyers, sellers, lenders, and industry professionals. - Results-Driven Approach: Focused on securing the best possible outcomes for clients. - Confidential & Professional Service: We handle every transaction with discretion and integrity. We don’t just facilitate transactions—we build long-term partnerships that help our clients grow and succeed. Whether you are buying your first business, selling a profitable investment, or exploring new opportunities, we are here to guide you every step of the way. Honesty & Integrity is our #1 priority. Peninsula Gold: Broker#01957500 Harinder Garcha: DRE#02132413
South Pasadena, CA
$250,000
San Ramon, CA
$200,000
Placer County, CA
$185,000
Temple City, CA
$235,888
Santa Fe Springs, CA
$185,000
Available in California
$150,000
San Diego County, CA
$625,000
Pasadena, CA
$275,000
Oceanside, CA
$59,000
Roseville, CA
$185,000
Morro Bay, CA
$895,000
Pleasant Hill, CA
$50,000
Palm Springs, CA
$699,000
La Mirada, CA
$80,000
Glendale, CA
$375,000
San Francisco, CA
$100,000
Available in California
$100,000
Windsor, CA
Not Disclosed
Cash Flow: $120,000
Rocklin, CA
$200,000
Pasadena, CA
$50,000
Westlake Village, CA
$350,000
Vallejo, CA
$329,000
Available in California
$60,000
Long Beach, CA
$80,000
Fair Oaks, CA
$85,000
Santa Rosa, CA
$495,000
Palmdale, CA
$150,000
REAL ESTATE INCLUDED
San Francisco County, CA
$361,095
Gregg Tobin
Gateway Business Sales
Serving Los Angeles County, CA
Gateway Business Sales (GBS) team of professionals and advisors have over 75 years combined experience in Mergers & Acquisitions and have successfully closed 600 + transactions in a wide range of industries. GBS has secure affiliations with investment banking firms and business advisory groups, which broadens our offerings to include mergers, acquisitions, and related consulting services for privately held companies. GBS has intermediaries that serve businesses with an enterprise value from $1 million to $20 million and have advisors and team members with experience and a track record of selling companies valued above $20 million. Our performance and results show this is more than rhetoric, as 75% of our engagements come from referrals from satisfied clients, CPA’s, Attorney’s, Financial Advisors, and Investment Bankers. GBS will develop a customized sales and marketing strategy to drive optimal results. While each client and business may be unique, we utilize our resources and experience to create demand for your business.
San Bernardino County, CA
$180,000
Santa Clara County, CA
$179,500
Diamond Bar, CA
$235,000
Santa Clara County, CA
$179,500
Thousand Oaks, CA
$350,000
Available Nationwide
$100,000
Sacramento, CA
$235,000
Whittier, CA
$160,000
San Francisco County, CA
$176,000
Livermore, CA
$349,000
Alameda County, CA
$79,500
Available in California
$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 in California, 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 |
73 |
|
Median Asking Price |
$190,000 |
|
Median Reported Revenue |
$276,000 |
|
Median Reported Earnings |
$96,000 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
California Dry Cleaner Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.56 |
1.39 |
|
Median |
0.73 |
2.08 |
|
Upper Quartile |
0.90 |
2.77 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
Read the Report:
Dry Cleaning Business Valuation Benchmark Report
FAQs
How much does it cost to buy a dry cleaning business in California?
The median asking price for a dry cleaning business in California is approximately $190,000. 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 California report median annual sales of $276,000 and annual owner earnings of $96,000. 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 California, dry cleaner revenue/sales multiples range from 0.56 to 0.90, with the median at 0.73. Earnings multiples range from 1.39 to 2.77, with the median at 2.08. These values suggest a typical California dry cleaning business will sell for around 0.73 times its annual revenue, and 2.08 times its annual owner’s earnings.
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