Navigating the Market for Dry-Cleaning and Laundry Businesses for Sale

The purchase of a dry-cleaning or laundry business involves careful examination of various factors that contribute to its success. This article provides an in-depth look at the elements to consider before making such an investment.

Owning a dry-cleaning or laundry business can be a rewarding venture for entrepreneurs. It requires a solid understanding of the industry's dynamics, including the latest trends in fabric care, customer service expectations, and environmental regulations. Prospective buyers should evaluate the existing operations, location, equipment condition, and financial performance of the business. Additionally, it's crucial to explore the competitive landscape, pricing strategies, and potential for growth and expansion. This article delves into these aspects and more, offering a framework for making an informed decision when considering the purchase of a dry-cleaning or laundry business.

Lapels Dry Cleaning

Lapels Dry Cleaning is a dry cleaning franchise located in Tampa, FL. Founded in 2000, Lapels Dry Cleaning was one of the first environmentally friendly dry cleaning franchises available. They recognized the growing importance of being environmentally friendly in the dry cleaning industry and have s...

Location

United States

Price

$391,031

Revenue

Cashflow

EBITDA

SDE

Green Dry Cleaners

Green Dry Cleaners is a dry cleaning franchise located in New Jersey (NJ). They have been in business since 2001, with 22 years of experience. The franchise prides itself on being the most technologically advanced in the US, offering an environmentally safe cleaning process. They also provide a conv...

Location

United States

Price

$450,000

Revenue

Cashflow

EBITDA

SDE

Dry Cleaners

Located in the Marina neighborhood of San Francisco area. This is a well-established business since 2006 with a full-service dry cleaning plant that offers wash & fold, alterations, and laundry. The business has a loyal customer base and the seller is ready to retire. The store is approximately 2,00...

Location

United States

Price

$190,000

Revenue

$84,000

Cashflow

EBITDA

SDE

$84,000

Dry Cleaning

Established over 35 years ago, this business offers full service dry cleaning, professional alteration, wash, dry, and fold laundry services. It is located in a busy shopping center in Los Angeles County, with ample parking spaces. The claimed gross income is $225k per year, with a net income of $10...

Location

United States

Price

$199,000

Revenue

$225,000

Cashflow

EBITDA

SDE

$108,000

Successful Dry Cleaner

Located in Tampa Bay, Florida (FL), this dry cleaner has been in business since 1992, making it a well-established name in the industry with 31 years of experience. The business boasts modernized equipment, including the Hl860 60LB dry clean machine that uses alternative solvent, eliminating any con...

Location

United States

Price

$375,000

Revenue

$349,437

Cashflow

$146,064

EBITDA

SDE

Entering the dry-cleaning and laundry industry through the acquisition of an existing business requires diligence and strategic planning. By focusing on the critical areas outlined in this article, buyers can position themselves for success in this service-based sector.