Mid Multiple

Uniform & Workwear Suppliers — Business Valuation Multiple

EBITDA Valuation Guide · Small & Mid-Sized Businesses

Actual EBITDA multiples can vary materially based on EBITDA size, growth, recurring revenue, margins, customer concentration, owner dependence, geography and other company-specific factors.

Min

3.5×

Typical

5×

Max

7×

Revenue Model

Repeat

Capital Intensity

Low

3.5×Typical EBITDA Range7×

A typical multiple of 5× EBITDA reflects established uniform and industrial workwear suppliers with repeat B2B customers in the $1M–$50M revenue range.

Overview

Uniform and workwear supply businesses typically sell for 3.5×–7× EBITDA, with a typical multiple around 5×. Valuations are supported by repeat corporate orders, long-term supply agreements and established customer relationships. Suppliers serving healthcare, hospitality, construction and industrial customers can benefit from relatively predictable replacement demand. Businesses offering embroidery, customisation and managed uniform programmes may command higher multiples, particularly where procurement relationships are transferable and customer concentration is low.

Key Value Drivers

  • Long-term corporate supply contracts and repeat orders
  • Diversified customer base across multiple industries
  • In-house embroidery, printing and customisation capabilities
  • Reliable sourcing relationships and efficient inventory management
  • Strong customer retention and recurring uniform replacement demand

Key Risks

  • Customer concentration and loss of major contracts
  • Price competition from online and overseas suppliers
  • Inventory tied up in customer-specific garments and sizes
  • Rising textile, labour and international shipping costs
  • Dependence on large tenders and competitive procurement cycles

Disclaimer: All multiples are indicative estimates only and are not formal valuations or investment advice. They should not be relied upon for financial decision-making without independent professional advice.