Eastpointe, MI
ESTABLISHED DRY CLEANING BUSINESS - 35+ YEARS OF SUCCESS This highly profitable dry cleaning operation has served the Eastpointe, MI community since 1990, building an exceptional reputation through...
Cash Flow: $250,000
Dry Cleaners For Sale in Michigan
Market Info
Established Dry Cleaners For Sale - IN BUSINESS OVER 35 YEARS!!!
Dry Cleaners/Shirt Laundry
Macomb County, MI
Dry Cleaners / Shirt Laundry
Macomb County, MI
$120K SDE Dry Cleaners + Real Estate Included | Absentee
REAL ESTATE INCLUDED
Detroit, MI
Profitable Established Tailoring & Alterations Business
Livonia, MI
DRY CLEANERS on major road
Troy, MI
Dry Cleaners W/ Alterations
Oakland County, MI
Only laundromat in 20 miles, REAL ESTATE INCLUDED
REAL ESTATE INCLUDED
West Branch, MI
High Sales: Dry Cleaning Plant + Drop Store
Romeo, MI
Dry cleaner with high sales on main road
Grosse Pointe Farms, MI
Martinizing Cleaners
Franchise
Available Nationwide
Dry cleaner on busy road with good sales
Southfield, MI
High Volume Commercial Dry Cleaner
Detroit, MI
Dry Cleaners w/ Alterations
Oakland County, MI
Dry Cleaners
Oakland County, MI
Turnkey Dry Cleaner Next to Kroger-all newer eqmt
Oakland Township, MI
Javed Rathore
Amro Business Brokers
Serving Kalamazoo County, MI
The Amro Business Brokers is committed to helping buyers and sellers to meet their needs. We are serving the community for over 18 years. Our primary focus is the Midwest states, where we have a strong presence, but we have the record of serving clients throughout the United States. We have a group of representatives and associate brokers to provide assistance to buyers and sellers in most of the United States and overseas as well.
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Dry Cleaners
Oakland County, MI
Dry Cleaners
Oakland County, MI
Dry Cleaners
Oakland County, MI
Profitable Dry Cleaner– Turnkey Operation in Rochester Hill!
Rochester Hills, MI
Dry cleaner drop-off store in heart of city
Rochester Hills, MI
Fully Promoted
Franchise
Available Nationwide
Dry Cleaners
Oakland County, MI
Dry Cleaners
Oakland County, MI
Dry cleaners full plant at busy location at low price
Plymouth, MI
Dry Cleaners in busy growing area
Plymouth, MI
Buy or Sell a Dry Cleaner in Michigan
Dry cleaners and garment care businesses listed on BizBuySell include full-service dry cleaning services, multi-location chains, environmentally friendly “green” cleaners, pickup-and-delivery services, and hybrid operations offering laundry and tailoring. Business models range from owner-operated stores with on-site cleaning equipment to route-based services and franchise-affiliated operations. Revenue is typically generated through dry cleaning and pressing of garments, household items, and specialty pieces (such as wedding gowns, draperies, leather, and suede), wash-and-fold laundry services, alterations and repairs, pickup and delivery fees, and auxiliary services like shoe repair or garment storage. Many listings feature established customer bases, repeat business from subscription or route clients, and diversified income from multiple storefronts or contract work with hotels and uniform services. Some operations also include dry cleaning equipment (solvent-based or organic systems), pressing and finishing machinery, fleet vehicles, real estate, or franchise support, providing buyers with recurring revenue and room for growth in the garment care and textile services industry.
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 13 |
| Asking Price | $235,000 |
| Reported Revenue | $280,000 |
| Reported Seller's Discretionary Earnings | $92,500 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $125,000 | $235,000 | $310,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Dry Cleaners for sale in Michigan.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $170,000 | $74,389 |
| Median | $280,000 | $92,500 |
| Upper Quartile | $340,000 | $140,000 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Dry Cleaners listed for sale in Michigan.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.79 | 1.58 |
| Median | 0.84 | 2.01 |
| Upper Quartile | 0.93 | 2.67 |
FAQ's
How much does it cost to buy a Dry Cleaner in Michigan?
The median asking price for an established Dry Cleaner in Michigan is $235,000, though prices range from under $125,000 to well over $310,000.
How much do Dry Cleaners owners in Michigan earn?
The median reported revenue of Dry Cleaners in Michigan is $280,000 and owners earn a median of $92,500, 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 in Michigan, revenue multiples range from 0.79 to 0.93, with a median of 0.84. Earning multiples range from 1.58 to 2.67, with the median at 2.01. This means the typical Dry Cleaner in Michigan may ask for around 0.84 times its annual revenue, and 2.01 times its annual owner earnings.
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