Cresskill, NJ
Dry Cleaners For Sale

King County, WA
REAL ESTATE INCLUDED
West Branch, MI

Brooklyn, NY
Castro Valley, CA
REAL ESTATE INCLUDED
Memphis, TN
Contra Costa County, CA
Brooklyn, NY
Gainesville, GA
Dallas, GA
Available in Multiple Locations
REAL ESTATE INCLUDED
Sayreville, NJ
Montgomery County, PA
Martin County, FL
REAL ESTATE INCLUDED
Floyd County, GA
Pembroke Pines, FL
Eric Iffland
First Choice Business Brokers - Toledo #242
Serving Lucas County, OH
Since our founding in 1994, First Choice Business Brokers has grown to become one of the nation's most trusted business sales specialists. We have listed and managed the sale of over $7.5 billion in successful business transactions. First Choice Business Brokers provides you with the benefits that only come from experience and years of proven, tested results. Our goal is to give you the kind of foundation you need to make strong business decisions and plan your exit strategy. We are a business brokerage firm, specializing in the sale and purchase of small to medium size main street businesses and commercial properties. Our Toledo office is led by President/Owner Eric Iffland an industry veteran with 35+ years of experience in sales, marketing, and business ownership.
Southbury, CT
Arlington Heights, IL
Bedford County, TN
Lake Forest, CA
Available Nationwide
REAL ESTATE INCLUDED
Rockdale County, GA
REAL ESTATE INCLUDED
Chicago, IL
Minnesota
Forest Hills, NY
Tarrant County, TX
Phoenix, AZ
Coral Gables, FL
Plymouth County, MA
Portland, OR
Available in Multiple Locations
Orange County, CA
Alameda County, CA
Las Vegas, NV
Greenville County, SC
Available in Multiple Locations
Palm Beach County, FL
REAL ESTATE INCLUDED
Lake City, FL
Sonoma County, CA
Castle Rock, CO
Oakland County, MI
Mercer County, NJ
Romeo, MI
Los Angeles, CA
Scott Lee
Best Choice Realty
Serving Snohomish County, WA
Best Choice Realty
Frederick County, MD
Available Nationwide
Saint Petersburg, FL
Gwinnett County, GA
Burlington County, NJ
Grosse Pointe Farms, MI
Southfield, MI
Crofton, MD
REAL ESTATE INCLUDED
Garland County, AR
Dallas County, TX
Pawtucket, RI
Available in Multiple Locations
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 309 |
| Asking Price | $250,000 |
| Reported Revenue | $300,000 |
| Reported Seller's Discretionary Earnings | $120,000 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $149,995 | $250,000 | $450,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Dry Cleaners for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $200,000 | $75,340 |
| Median | $300,000 | $120,000 |
| Upper Quartile | $500,000 | $190,000 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Dry Cleaners listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.64 | 1.66 |
| Median | 0.83 | 2.26 |
| Upper Quartile | 1.06 | 3.05 |
FAQ's
How much does it cost to buy a Dry Cleaner?
The median asking price for an established Dry Cleaner is $250,000, though prices range from under $149,995 to well over $450,000.
How much do Dry Cleaners owners earn?
The median reported revenue of Dry Cleaners is $300,000 and owners earn a median of $120,000, which includes the owners salary and any other financial benefits they receive.
How do I value a Dry Cleaner?
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 Dry Cleaners, revenue multiples range from 0.64 to 1.06, with a median of 0.83. Earning multiples range from 1.66 to 3.05, with the median at 2.26. This means the typical Dry Cleaner may ask for around 0.83 times its annual revenue, and 2.26 times its annual owner earnings.
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