Independence Twp, MI
$50,000

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
$1,100,000
King County, WA
$385,000
Scottdale, GA
$450,000
Seattle, WA
$110,000
Duluth, GA
$89,000
Delaware County, PA
$150,000
Available Nationwide
$50,000
Columbus, OH
$69,900
Fort Collins, CO
$250,000
Newport Beach, CA
$425,000
Tempe, AZ
$224,900
Los Angeles County, CA
$160,000
Bruno Barnagaud
Shoreast Realty
Serving Palm Beach County, FL
Shoreast Realty is performing for over 12 years on all fields, residential, commercial and business brokerage
REAL ESTATE INCLUDED
Forsyth County, NC
$700,000
Lawrenceville, GA
$250,000
Roswell, GA
$169,000
Cook County, IL
$125,000
Available in Multiple Locations
$100,000
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
San Diego County, CA
$580,000
Kitsap County, WA
$180,000
Sicklerville, NJ
$100,000
Available Nationwide
$50,000
San Francisco, CA
$249,000
Silver Lake, CA
$229,000
REAL ESTATE INCLUDED
Pulaski County, AR
$585,000
Northampton County, PA
$175,000
Available Nationwide
$50,000
Van Nuys, CA
$119,000
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
Fairfield County, CT
$415,000
Montgomery County, PA
$300,000
Anthony Samples
Murphy M&A Advisors
Serving Bartow County, GA
Murphy Business – North Georgia We are one of the largest M&A and Business Broker firms with over 250 brokers in North America. Our affiliations with National and International Business Brokerage and Merger & Acquisition associations assure sellers the best exposure when Selling a Business or Buying a Business. Murphy Business has an M&A Professional in the Northwest Georgia market. A strong presence in the community provides insight into the local market. Beyond the local market, we are a national firm and has affiliations with National and International Business Broker and Merger & Acquisition associations. This broad reach helps assure buyers and sellers the maximum access to their sale or search. Selling your company, buying a business for yourself, or completing successful M&A transactions are significant decisions for both professional and personal reasons. We are part of a network of over 250 full-time Mergers and Acquisitions professionals through the United States and North America. We utilize the Murphy network to take advantage of industry knowledge through previous transactions and corporate experience, buyer databases, and administrative support. With sales of hundreds of millions of dollars of businesses each year, we successfully represent our clients with experience and exposure to almost every industry.
King County, WA
$70,000
Available in Multiple Locations
$150,000
Bucks County, PA
$300,000
Inglewood, CA
$475,000
Berlin, NJ
$135,000
Suffolk County, NY
$695,000
Camden County, NJ
$400,000
Alpharetta, GA
$55,000
Johns Creek, GA
$55,000
Miami, FL
$199,000
Baltimore, MD
$420,000
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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