Established Dry Cleaner with Plant in Syracuse, NY
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Financial Details
- Asking Price:
- $1,250,000
- Annual Revenue:
- $715,000
- Cash Flow / SDE:
- $170,000
- Valuation Multiple:
- 7.4x
- Location:
- Syracuse, NY, US
- Sources:
- Date:
- June 14, 2025
Key Highlights
- Well-established dry cleaning business in Syracuse, NY, operating for over 50 years.
- Includes real estate valued at $450,000 in the asking price.
- Seller financing available with $900,000 at 8% interest.
Description
Well-established dry cleaning business in Syracuse, NY, with a loyal customer base and consistent revenue. The business has been a community mainstay for over 50 years and includes real estate valued at $450,000 in the asking price. Seller financing is available with $900,000 at 8% interest. The business has potential for growth through expanded delivery services and advertising.
Industry Information
- Industry Description:
- Dry-Cleaning & Laundry
- Classification:
- Service Businesses
Listing Details
- Listing ID:
- f38c8581-66a5-4dcb-bb5b-360444a5e62e
- Deal Status:
- For Sale
- Date Posted:
- June 14, 2025
- Last Updated:
- June 14, 2025
- Currency:
- USD
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