Busy Laundromat and Dry Cleaner in Upper Manhattan
Financial Details
- Asking Price:
- $600,000
- Annual Revenue:
- $530,000
- Cash Flow / SDE:
- $232,066
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 2.6x
- Location:
- New York, NY, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This listing presents a busy laundromat and dry cleaner located in Upper Manhattan, New York. The business benefits from a dense surrounding apartment population and offers convenient services such as same-day turnaround, free pick-up, and delivery. It is equipped with 20 washers and 18 dryers. The owner has successfully doubled the business's revenue within the past year, indicating strong growth potential. Financials show an asking price of $600,000, with reported sales of $530,000 and a cash flow of $232,066. Further details regarding deal terms, including buyer fees, seller financing, co-broking, principals only, franchise status, management retention, and relocatability, are available upon request. The status of the real estate is also listed as available on request.
Industry Information
- Industry Description:
- Dry Cleaning, Laundry Services, Laundromats
- Classification:
- Service Businesses
Real Estate & Lease
- Status:
- Available_on_request
Listing Details
- Listing ID:
- f24c38ab-380c-4593-85a2-9c9ad65ea731
- Deal Status:
- For Sale
- Date Posted:
- June 14, 2024
- Last Updated:
- September 15, 2025
- Currency:
- USD