Lawrenceville, GA
$250,000

Lawrenceville, GA
$250,000

Roswell, GA
$169,000

Denton County, TX
$499,000
Cook County, IL
$125,000
Omaha, NE
$95,000
Scottsdale, AZ
$256,000
Houston, TX
$329,000
Montgomery County, PA
$150,000
District of Columbia, DC
$299,900
Suffolk County, NY
$424,999
Available in Multiple Locations
$75,000
San Diego County, CA
$650,000
Kitsap County, WA
$180,000
Sicklerville, NJ
$100,000
San Francisco, CA
$249,000
Silver Lake, CA
$229,000
Ken pokorny
Murphy Business Sales
Serving Collin County, TX
I am part of the largest and most successful business brokerage firm in North America specializing in the buying and selling of businesses, franchises, and commercial real estate. Murphy Business Sales closed sales transactions over $400M last year with the average size of $1.2M. We also have an elite M&A team that focuses in the middle market area (Revenues $20M- $100M+ ). Our offices are conveniently located throughout the United States and Canada. We have unsurpassed access to buyers and sellers nationwide. We are #1 in Business Sales because we create deal teams and bring in any and all resources in our system to achieve the client's objectives. Our proven process and system provide our clients with the means to achieve their goals successfully. We provide complete, thorough, and professional experience as we guide our clients through the maze of financial, legal and business activities to enter or exit a business. We spend a considerable amount of time and focus to assess and understand the client's personal, professional and financial life goals whenever we engage in business transactions. We have access to a vast wealth of professionals to assist in the business valuation assessment and exit planning process, as the situation requires.
REAL ESTATE INCLUDED
Pulaski County, AR
$585,000
Lawrenceville, GA
$70,000
Northampton County, PA
$175,000
Van Nuys, CA
$119,000
Available in Multiple Locations
$50,000
West Hills, CA
$149,000
Mountain View, CA
$349,000
Los Angeles County, CA
$230,000
Powder Springs, GA
$360,000
Kane County, IL
$329,000
REAL ESTATE INCLUDED
Denton County, TX
$4,200,000
Orange County, CA
$275,000
Fairfield County, CT
$415,000
Montgomery County, PA
$300,000
Available in Multiple Locations
$60,000
King County, WA
$70,000
Bucks County, PA
$300,000
Inglewood, CA
$475,000
Berlin, NJ
$135,000
Available in Multiple Locations
$55,000
Suffolk County, NY
$695,000
Dana Point, CA
$995,000
Camden County, NJ
$400,000
Alpharetta, GA
$55,000
Johns Creek, GA
$55,000
Broward County, FL
$699,000
Miami, FL
$199,000
Gloucester County, NJ
$675,000
Vlad Rascanu
The Friendly Brokers
Serving Dallas County, TX
We built one of the largest databases of institutional and individual buyers in the trades & construction industry because we specialize in these types of businesses and this is all we sell. The largest buyers in the nation are subscribed to us to ensure they don't miss any construction companies that become available for sale. We have direct access to all their decision makers and close 90%+ of all deals we bring to market. If you have a company in the trades/construction industry, we can guarantee you that we'll sell it. Join the hundreds of service businesses we helped exit at some of the highest multiples in the industry. Whether you’re ready to sell your business today or planning for the future, you need the right advisor. With hundreds of successful transactions in the construction industry, The Friendly Brokers is the best M&A advisory firm. Schedule a call for a free valuation and don't pay anything until your business is sold.
REAL ESTATE INCLUDED
Foley, FL
$1,150,000
Available Nationwide
$50,000
Baltimore, MD
$420,000
Toms River, NJ
$150,000
Santa Clara County, CA
$840,000
Palm Beach County, FL
$999,999
Jacksonville, FL
$175,000
Montgomery County, PA
$350,000
Portland, OR
$39,000
Annapolis, MD
$200,000
Philadelphia, PA
$250,000
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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