According to the International Fabricare
Institute, dry cleaning businesses are currently selling for a multiple of 70-100% of the gross sales. The correct percentage to
use is often determined by the age and condition of the dry cleaning
equipment. They generally have
a lifespan of approximately 20 years.
So that starting with 100% for equipment of 5 years of age or less the
price might logically be discounted as the age approaches 20 years. Please consult a VR
Business Intermediary for more details.