Busy Laundromat and Dry Cleaner in Upper Manhattan

View Original Listing

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

Established laundromat and dry cleaner in a high-density residential area of Upper Manhattan.
Significant growth potential demonstrated by owner doubling business in one year, with services including same-day, pick-up, and delivery.
Well-equipped with 20 washers and 18 dryers, offering a solid foundation for a new owner.

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

Features & Tags

Quality Verified This listing meets our quality criteria and standards. Verified