Established Dry Cleaner Plant in Queens, NY

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Financial Details

Asking Price:
$395,000
Annual Revenue:
$320,000
Cash Flow / SDE:
$150,000
Valuation Multiple:
2.6x
Location:
Queens, NY, US
Source:
Date:
June 06, 2025

Key Highlights

- Established dry cleaning and tailoring business in Queens County, NY, operating for 35 years.
- Mix of retail and corporate clients with all work done on-site.
- Owner retiring, offering a great opportunity with a long lease available.

Description

A fully equipped dry cleaning, tailoring, and shirt laundry business in Queens County, New York, has been serving the community for 35 years. The business has a mix of retail and corporate clients, with all work performed on-premises. The owner is retiring and is motivated to sell, presenting a prime opportunity for a new owner. A long lease will be provided.

Industry Information

Industry Description:
Dry-Cleaning & Laundry Businesses
Classification:
Service Businesses

Listing Details

Listing ID:
11f4e122-5100-4bd1-9746-89ed4c32b480
Deal Status:
For Sale
Date Posted:
June 06, 2025
Last Updated:
June 06, 2025
Currency:
USD

Features & Tags

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