Selden, NY
Finesse Cleaners is a well-established dry cleaning business serving the Selden, NY community since 1977. This 47-year-old operation has built a loyal customer base through decades of reliable service...
$189,000
Dry Cleaners For Sale in New York
Market Info
Finesse Cleaners
5
Laundromat for sale
New York, NY
Established Laundromat - Prime New York Investment Opportunity This successful laundromat operation offers an attractive investment in New York's essential services sector. Established in 2016, the...
6
$485,000
Dry Cleaners & Tailoring Business in New York
Suffolk County, NY
LISTING ID # 36366 38 years in business in a fantastic location. Fully equipped dry cleaning store with tailoring services and some pick-up service. Perfect for someone new to dry cleaning businesses....
$185,000
Cash Flow: $80,000
Thriving 20-Year Dry Cleaning Business
Suffolk County, NY
LISTING ID # 36445 For over two decades, we've been the go-to destination for expert dry cleaning services in Suffolk County, NY. Whether it's everyday items like shirts, blouses, and trousers, or...
$150,000
Cash Flow: $60,000
Established Dry Cleaners for Sale in New York
Suffolk County, NY
LISTING ID # 36845 A rare opportunity to acquire a well-established and respected dry cleaning business located in a high-demand area of Suffolk County, New York. This turnkey operation serves a loyal...
$150,000
Cash Flow: $100,000
35 Year Establish Dry Cleaner Plant For Sale
Queens, NY
This fully equipped dry cleaning, tailoring, and shirt laundry business has proudly served the community for over 35 years, with the current owner managing operations since day one. Known for its...
6
$565,000
Cash Flow: $175,000
Cleaners & Tailors Business For Sale With Loyal Clientele
Bedford Hills, NY
An excellent opportunity to own a well-established cleaning and tailoring business in the heart of Bedford Hills, NY. Perfectly situated in a beautiful and convenient location, this business has been...
6
$100,000
Established Dry Cleaner with Plant - Syracuse, NY
REAL ESTATE INCLUDED
Onondaga County, NY
This is a well-established dry cleaning business with good cash flow, a loyal customer base, and consistent recurring revenue. Located on on a high traffic road. This is the only dry cleaner in town...
$1,250,000
Cash Flow: $170,000
Dual Location Laundry Business With Hotel Accounts
Bronx, NY
$1,800,000
Newly Renovated Dry Cleaning and Wash & Fold Business for sale
Brooklyn, NY
$620,000
FranchiseWindow World
Available Nationwide
$250,000
Profitable Dry Cleaning Business for Sale
Westchester County, NY
$390,000
Profitable Dry Cleaning Business in New York
Nassau County, NY
$205,000
38-Year Proven Dry Cleaning Operation – South Shore – $220K Gross /
Suffolk County, NY
$185,000
Well Established Dry Cleaners, Tailor, Shoe Repair - Full Staff
Deer Park, NY
$440,000
Established Dry Cleaning Drop Store Corona, NY
Corona, NY
$75,000
Vasilis Georgiou, CM&AA, M&AMI, CBI, CBB, MBA
CrossRoads Business Brokers
Serving New York County, NY
CrossRoads is a full service mergers and acquisitions firm that focuses on providing exceptional service to Buyers and Sellers of small to medium-sized businesses in a variety of industries. Our services are delivered with the maximum in confidentiality, professionalism, and integrity. CrossRoads is extremely effective and results oriented, leveraging a database of qualified Financial and Strategic Buyers and a confidential national collaborative network of Business Intermediaries. We serve the needs of potential Buyers and Sellers discretely and professionally with one mission in mind: To add exceptional value to a seamless process of business transfer. We differentiate ourselves by taking an advisory approach to the needs of Sellers and Buyers. We have the experience and expertise to value and present your business in the best manner possible, or assist you in identifying a business that fits your criteria and personal preferences. Sellers benefit from our professional approach in packaging, presenting, and promoting their business, and from a vast database of registered qualified Buyers including entrepreneurs, investors, professionals and corporations. Buyers benefit from our guidance through the, sometimes uncertain, road to business ownership, and from all the resources we bring to bear that they can leverage to make that transition smoother. Professional Affiliations M & A Source – Organization supporting mid-market Mergers and Acquisitions Intermediaries International Business Brokers Association – Education and professional standards California Association of Business Brokers – Education and professional standards Alliance of M&A Advisors Ellermeyer Connect – Executive Career Transition Networking Resources HCBizMarketplace BizBuySell Bizquest Mergerplace International Business Brokers Association California Association of Business Brokers M & A Source Bizben – California Businesses for Sale Sellerworks Businessesforsale BusinessBroker Globalbx
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Established Dry Cleaners for Sale in New York
Westchester County, NY
$150,000
Profitable Dry Cleaners for Sale in New York
Suffolk County, NY
$389,000
Established dry cleaners with Great Reputation
Forest Hills, NY
$110,000
High profitable dry cleaner for sale at Nassau county
Nassau County, NY
$400,000
Very Profitable Wholesale Dry Cleaner for Sale
Flushing, NY
$495,000
FranchiseNetwork in Action
Available in New York
$50,000
Establishiec Dry Cleaner for Sale
Great Neck, NY
$395,000
Profitable Dry Cleaner On Busy Corner In Affluent Queens Neighborhood
Queens, NY
$395,000
Profitable Dry Cleaning And Tailoring Business For Sale
Suffolk County, NY
$300,000
15 Year Established Dry Cleaner In Nassau County For Sale
Nassau County, NY
$270,000
Fully Equipped ,profitable and Long Established Dry Cleaner in RICH
Levittown, NY
$250,000
Personal Dry Cleaning Service
Saratoga County, NY
$250,000
Charming Mom & Pop Dry Cleaner In High-Income Neighborhood For Sale
Merrick, NY
$130,000
35 Year Established Dry Cleaner For Sale
Suffolk County, NY
$424,999
Well Established Dry Cleaning Plant And Drop Store For Sale
Suffolk County, NY
$695,000
Dry Cleaner with Significant Additional Income Potential
New City, NY
$400,000
FranchiseN-Hance
Available in New York
$50,000
Well managed and profitable Laundromat for Sale
Astoria, NY
$1,300,000
42 Year Established Dry Cleaner For Sale
Brooklyn, NY
$160,000
QUICK SALE needed Laundromat with 20 Washers and 18 Dryers Queens, NY
Jamaica, NY
$265,000
Dry cleaners for sale in Kings County, NY
Kings County, NY
$1,300,000
Dry Cleaning Drop Store For Sale - Lower Dutchess County
Dutchess County, NY
$175,000
FranchiseFive Star Painting
Available Nationwide
$50,000
Potential! Potential! Laundromat in Strip mall Dutchess County, NY
Poughkeepsie, NY
$150,000
Buy or Sell a Dry Cleaning Business in New York
Dry cleaners are a core business in any community. They treat our most expensive clothes and fabrics and are a regular stop for most people. As a business, owners enjoy relatively stable income, but there are fairly high up-front capital requirements. The expense of the initial set-up makes buying and selling established dry cleaning businesses popular.
If you are looking to buy or sell a dry cleaner business in New York, it helps to have some context on the market, and to understand how they are valued. Below, we have aggregated financial data from current and recent listings to provide some benchmarks on valuation and financial performance of dry cleaning businesses in the state. All data is based on broker and business owner provided financial information.
Market Overview
|
Number of Businesses Analyzed |
35 |
|
Median Asking Price |
$194,500 |
|
Median Reported Revenue |
$340,000 |
|
Median Reported Earnings |
$116,734 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
New York Dry Cleaner Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.43 |
1.19 |
|
Median |
0.64 |
2.00 |
|
Upper Quartile |
0.89 |
2.85 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
Read the Report:
Dry Cleaning Business Valuation Metrics and Financial Benchmarks
FAQs
How much does it cost to buy a dry cleaning business in New York?
The median asking price for a dry cleaning business in New York is approximately $194,500. However, this can vary significantly depending on the size, location, and financial performance of the store.
How much do dry cleaner owners earn?
On average, dry cleaner owners in New York report median annual sales of $340,000 and annual owner earnings of $116,734. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.
How do I value a dry cleaning business?
Valuing a dry cleaning business involves considering several factors, including annual revenue, profit margins, and market conditions. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. In New York, dry cleaner revenue/sales multiples range from 0.43 to 0.89, with the median at 0.64. Earnings multiples range from 1.19 to 2.85, with the median at 2.00. These values suggest a typical New York dry cleaning business will sell for around 0.64 times its annual revenue, and 2.00 times its annual owner’s earnings.
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