Sell or Buy a Dry Cleaning Business in Illinois

Your complete guide to dry cleaning business transactions. Valuations, equipment, and environmental considerations.

Illinois Dry Cleaning Market

$275K
Avg. Sale Price
2.0-3.5x
SDE Multiple
3.5-5.5x
EBITDA Multiple
3,100+
IL Dry Cleaners

Dry Cleaning Business Overview

Illinois dry cleaners serve residential and commercial customers with garment care, alterations, and specialty cleaning services. The industry is evolving with eco-friendly technologies and convenience services.

Dry cleaners benefit from loyal customer bases, recurring revenue, and opportunities for route delivery services. Success depends on location, service quality, and adapting to changing consumer preferences.

Dry Cleaning Valuation

Business TypeMultiple RangeBasis
Drop-Off Only1.5x - 2.5xSDE
Plant Operation2.0x - 3.5xSDE
Route/Delivery2.5x - 4.0xSDE
Multi-Location3.0x - 4.5xEBITDA

Key Valuation Factors

  • Equipment: Age and type of cleaning machines
  • Environmental: Solvent type and compliance history
  • Location: Visibility and customer convenience
  • Customer base: Residential vs. commercial mix
  • Services: Alterations, specialty cleaning, delivery

Selling a Dry Cleaning Business

Key Selling Considerations

  • Equipment inventory: Cleaning machines and presses
  • Environmental compliance: Solvent handling records
  • Customer database: Active accounts and history
  • Staff retention: Skilled pressers and counter staff
  • Lease terms: Facility lease and renewal options

Illinois Regulatory Compliance

  • Illinois EPA dry cleaning registration
  • Solvent management and disposal permits
  • Air quality permits (if applicable)
  • Fire safety compliance
  • Workers' compensation insurance

Buying a Dry Cleaning Business

Key Buying Considerations

  • Environmental assessment: Phase I environmental review
  • Equipment evaluation: Machine age and condition
  • Customer verification: Active account analysis
  • Lease review: Terms and landlord relationship
  • Competition: Nearby dry cleaners and services

Dry Cleaning Types

🏭 Plant Operation

On-site cleaning facility.

📍 Drop-Off Location

Collection point only.

🚚 Route Service

Pickup and delivery.

🌿 Eco-Friendly

Green cleaning methods.

✂️ Alterations

Tailoring services included.

👔 Specialty

Wedding gowns, leather, etc.

Ready to Buy or Sell a Dry Cleaning Business?

Get expert guidance for your Illinois dry cleaning transaction.