North Kingstown, RI
$80,000
North Kingstown, RI
$80,000
Lakewood, CO
$68,000
Middlesex County, MA
$160,000
Maple Shade, NJ
$200,000
Norfolk County, MA
$99,000
Georgia
$470,000
Spring, TX
$79,000
Fort Lauderdale, FL
$370,000
Macomb County, MI
$139,000
REAL ESTATE INCLUDED
East Point, GA
$450,000
Available in Multiple Locations
$50,000
Atlanta, GA
$180,000
York County, PA
$100,000
Brevard County, FL
$150,000
Manchester, NH
Pemberton Township, NJ
$2,000
Jon Roman
Transworld Business Advisors of Atlanta
Serving DeKalb County, GA
Transworld Business Advisors stands as a global leader in business brokerage, franchise consulting, and franchise development, boasting an extensive network of over 260 offices and 700 skilled brokers worldwide. We are dedicated to helping entrepreneurs fulfill the American Dream by facilitating business brokerage, franchising, and franchise development. As the preeminent authority in the marketing and sales of businesses, franchises, and commercial real estate, Transworld Business Advisors sets the standard for excellence in our field. At our Atlanta-North office, part of the esteemed Transworld Business Advisors family, we offer specialized consulting services that cater to a diverse range of needs. Our expert team provides: Business Sales and Acquisitions: Guiding clients through the complexities of buying and selling businesses with unmatched professionalism and insight. Certified Business Valuations: Delivering precise and authoritative valuations backed by extensive industry knowledge and expertise. Franchise Development: Assisting in the growth and expansion of franchises with strategic insights and tailored solutions. Franchise Consulting: Offering expert advice to maximize the potential and profitability of franchise operations. Our commitment at Transworld Business Advisors is to empower each client with the knowledge, tools, and support necessary to navigate the market confidently and successfully. Whether you're looking to buy, sell, or develop a business or franchise, our Atlanta-Perimeter branch is your trusted partner in achieving your business objectives
Portland, OR
$65,000
Beverly Hills, CA
$150,000
Kitsap County, WA
$220,000
Duval County, FL
$155,000
Available in Multiple Locations
$100,000
Essex County, MA
Ocean County, NJ
$499,000
Boynton Beach, FL
$69,900
Woodbridge, VA
$320,000
Arlington, TX
$4,300,000
Rahway, NJ
$1,000,000
Farragut, TN
$1,474,000
Livingston, NJ
$2,200,000
Orange, CA
$180,000
Available in Multiple Locations
$75,000
Collin County, TX
$2,300,000
$149,900
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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