Bergen County, NJ
$325,000

Bergen County, NJ
$325,000

Norwood, MA
$90,000
South Pasadena, CA
$250,000

San Ramon, CA
$200,000
REAL ESTATE INCLUDED
La Plata County, CO
$1,700,000
Chester County, PA
$80,000
Placer County, CA
$185,000
Rock Hill, SC
$200,000
Acworth, GA
$349,000
Temple City, CA
$235,000
Available in Multiple Locations
$50,000
Boynton Beach, FL
$340,000
Santa Fe Springs, CA
$185,000
$159,000
Topeka, KS
San Diego County, CA
$625,000
Powder Springs, GA
$80,000
Dean Burnette
Best Business Brokers
Serving Chatham County, GA
At Best Business Brokers, we pride ourselves on being the premier business brokerage and commercial real estate firm in the Southeast USA. Our team of experienced and dedicated professionals is committed to providing exceptional service, expert guidance, and unparalleled results for our clients. With a collective wealth of knowledge and expertise spanning various industries, our team is uniquely positioned to navigate the complexities of buying, selling, and owning a business or commercial property. From manufacturing and hospitality to Main Street businesses, restaurants, and more, our specialized brokers are equipped to handle even the most intricate transactions. Meet Our Team of Experts: • Brian Judson, Senior Business Broker (Savannah, GA) - Seasoned expert with a proven track record of success • Keith Turner, Business Broker (Savannah, GA) - Manufacturing and Commercial Real Estate Specialist • Tatiana Yagecic, Business Broker (Charleston SC) (Hospitality Expert) - Skilled in navigating the unique challenges of the hospitality industry • Michael Gay, Business Broker (Macon, GA) - Retired banker with a keen eye for profitable businesses • La’Keisha Mondrey, Business Broker (Atlanta, GA) - Main Street business specialist with a passion for community development • David Siu, Business Broker (Restaurant and Commercial Real Estate Expert) - Savvy navigator of the restaurant and commercial real estate landscape • Dean Burnette, Managing Broker (Southeast Region) - Seasoned leader with a deep understanding of the Southeastern market Our Commitment to You: At B3, we understand that every business and commercial real estate transaction is unique. That's why we take a personalized approach to each client, providing tailored guidance and support every step of the way. Our team is dedicated to building long-term relationships, delivering exceptional results, and exceeding your expectations.
Marietta, GA
$440,000
Roswell, GA
$100,000
Pasadena, CA
$275,000
Atlanta, GA
$180,000
Oceanside, CA
$59,000
Available Nationwide
$25,000
Salisbury, MD
$295,000
New London County, CT
$149,000
$295,000
Norwood, MA
Brooklyn, NY
$620,000
Roseville, CA
$185,000
Federal Way, WA
$180,000
Morro Bay, CA
$895,000
$165,000
Wilmington, DE
$750,000
Norfolk County, MA
$80,425
Available in Multiple Locations
$75,000
Norfolk County, MA
$353,157
Litchfield County, CT
$25,000
$2,000,000
Delaware County, PA
Jefferson County, LA
$290,000
Prince Frederick, MD
$40,000
Available Nationwide
$125,000
Suffolk County, NY
$185,000
Palm Springs, CA
$699,000
Memphis, TN
$700,000
Palm Beach County, FL
$695,000
Deer Park, NY
$440,000
Adrian Outerino
ASI Holdings Limited
Serving Orange County, FL
At ASI Holdings Limited, we are committed to delivering exceptional results and peace of mind in every real estate transaction. With expertise in commercial and residential real estate, land acquisition, and investment strategies, we provide tailored solutions and trusted guidance that help our clients achieve lasting success. Our mission is simple: to make your real estate goals a reality through knowledge, integrity, and unwavering support. Whether you’re investing, buying, selling, or expanding, ASI is your partner in building a secure and prosperous future.
Virginia
$120,000
Frederick, MD
$160,000
$189,000
Selden, NY
Suwanee, GA
$80,000
Burke, VA
$80,000
Available in Multiple Locations
$50,000
Salisbury, MD
$250,000
Montgomery County, PA
$150,000
Astoria, NY
$195,000
Corona, NY
$75,000
Decatur, GA
$420,000
Providence County, RI
$125,000
Miami, FL
$395,000
Cumming, GA
$200,000
Dania Beach, FL
$347,000
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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