Maricopa County, AZ
$285,000

Maricopa County, AZ
$285,000

Virginia
$4,300,000

Livermore, CA
$349,000

Norfolk County, MA
$399,000
Pinellas County, FL
$30,000
Montgomery County, PA
$385,000
Alameda County, CA
$79,500
Roswell, GA
$150,000
New Castle County, DE
$200,000
Glendora, CA
$375,000
Available Nationwide
$75,000
Maricopa County, AZ
$25,000
Monmouth County, NJ
$600,000
Atlantic Highlands, NJ
$175,000
Virginia Beach, VA
$80,000
Wayne County, MI
$249,000
Tina Wiltsey-Trevizo
Wiltsey & Associates, Inc.
Serving Multnomah County, OR
Wiltsey & Associates, Inc. specializes in the Sales and Purchases of Lottery Locations, Bars, Delis, Restaurants, Night Clubs and anything that has an OLCC Liquor License. Tina Wiltsey-Trevizo, Principal Broker, has been selling these locations for 35 years and has over 2000 successful closings. Tina also specializes in the Olcc and Lottery Licensing process. Tina will assist Sellers in finding the best Buyer for their location and will assist Buyers in finding a location that will suit their needs. Tina can also assist Seller's and Buyer's with licensing process with these sales. To view her website visit WILTSEYBARS.COM.
Wayne County, MI
$249,000
Santa Clara County, CA
$150,000
Springfield, VA
$280,000
Merchantville, NJ
$40,000
Available in Multiple Locations
$200,000
Albany, CA
$189,000
Scottsdale, AZ
$250,000
Scottsdale, AZ
$350,000
Worcester County, MA
$245,000
Saint Louis, MO
$225,000
Los Angeles, CA
$179,000
Tarrant County, TX
$550,000
Lilburn, GA
$330,000
District of Columbia, DC
$90,000
Available in Multiple Locations
$100,000
La Mirada, CA
$85,000
Pierce County, WA
$180,000
Arvada, CO
$295,000
Bridgewater, MA
$118,000
Available in Multiple Locations
$50,000
Cherry Hill, NJ
$100,000
Littleton, CO
$120,000
Independence Twp, MI
$50,000
Los Angeles County, CA
$40,000
Los Angeles County, CA
$120,000
Worcester County, MA
$349,000
REAL ESTATE INCLUDED
Shreveport, LA
$1,200,000
King County, WA
$385,000
Eboni Johnson
EQUITY BUSINESS BROKERS
Serving Cobb County, GA
Scottdale, GA
$450,000
Available Nationwide
$125,000
Seattle, WA
$110,000
Duluth, GA
$89,000
Delaware County, PA
$150,000
Columbus, OH
$69,900
Fort Collins, CO
$250,000
Newport Beach, CA
$425,000
Tempe, AZ
$224,900
Los Angeles County, CA
$160,000
REAL ESTATE INCLUDED
Forsyth County, NC
$700,000
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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