Dry Cleaner & Laundry in New York, NY - $1.2M Asking Price
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Financial Details
- Asking Price:
- $1,200,000
- Annual Revenue:
- $1,000,000
- Cash Flow / SDE:
- $398,776
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 3.0x
- Location:
- New York, NY, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Established Dry Cleaning and Laundry business in a prime New York City location.
Strong financial performance with $398,776 in Cash Flow on $1,000,000 in Sales.
Favorable lease terms with 9 years remaining and rent below market value.
Description
This listing presents an established Dry Cleaning and Laundry business located in an upscale Eastside uptown neighborhood of New York, NY. The business boasts strong financial performance, with reported Sales of $1,000,000 and a Cash Flow of $398,776. It operates on a 75% Dry Cleaning and 25% Wash/Fold model. Key operational advantages include a 9-year lease with rent below market value, and the seller has indicated that management will stay, with two weeks of training provided. A Mercedes Van is included in the sale. The owner is selling due to having other businesses. This is a non-franchise business and real estate is not included.
Industry Information
- Industry Description:
- Dry Cleaning, Laundry Services, Laundromats
- Classification:
- Service Businesses
Operational Snapshot
- Reason for Selling:
- Owner has other businesses.
Real Estate & Lease
- Status:
- Not_included
Listing Details
- Listing ID:
- 8d6d2a4e-1f7b-4f80-8dce-5bafc57e1e30
- Deal Status:
- For Sale
- Date Posted:
- July 23, 2024
- Last Updated:
- September 15, 2025
- Currency:
- USD
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