Oakland County, MI
This is a great opportunity to own a long established, Dry-Cleaning Plant with Shirt Laundry in Oakland County. Established in 1981, this 1,600 sq ft plant is located on a highly traveled intersection...
$315,000

Oakland County, MI

Oakland County, MI
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Greg Ponder
SMP Capital Partners
Serving Mecklenburg County, NC
SMP Capital Partners offer investment banking services to privately held businesses and business owners. We deliver efficient, trustworthy, and expert M&A services to businesses in the lower middle market up to $150m in enterprise value. With over 50 years of deep learned, real world deal experience, we understand how transactions work before they start and after they close. The investment banking professionals at SMP Capital Partners successfully bridge the gap between main street SBA business brokerage companies w/limited access to M&A and non-government underwritten capital markets, and the institutional investment banking firms who acquire businesses in the upper middle market.
New York, NY
Bronx County, NY
Bronx, NY
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 97 |
| Asking Price | $325,000 |
| Reported Revenue | $300,000 |
| Reported Seller's Discretionary Earnings | $101,937 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $179,000 | $325,000 | $600,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Commercial Laundry Businesses for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $178,148 | $74,046 |
| Median | $300,000 | $101,937 |
| Upper Quartile | $503,981 | $170,667 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Commercial Laundry Businesses listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.74 | 2.14 |
| Median | 1.06 | 3.24 |
| Upper Quartile | 1.65 | 4.58 |
FAQ's
How much does it cost to buy a Commercial Laundry Business?
The median asking price for an established Commercial Laundry Business is $325,000, though prices range from under $179,000 to well over $600,000.
How much do Commercial Laundry Businesses owners earn?
The median reported revenue of Commercial Laundry Businesses is $300,000 and owners earn a median of $101,937, which includes the owners salary and any other financial benefits they receive.
How do I value a Commercial Laundry Business?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Commercial Laundry Businesses, revenue multiples range from 0.74 to 1.65, with a median of 1.06. Earning multiples range from 2.14 to 4.58, with the median at 3.24. This means the typical Commercial Laundry Business may ask for around 1.06 times its annual revenue, and 3.24 times its annual owner earnings.
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