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
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
Profitable Dry Cleaning Business in New York
Nassau County, NY
LISTING ID # 36146 Established for 10 years, our bustling dry cleaning business boasts a prime location amidst residential and commercial hubs, ensuring a steady stream of foot traffic. Equipped with...
$205,000
Cash Flow: $150,000
Profitable Dry Cleaners for Sale in New York
Suffolk County, NY
LISTING ID # 36519 FOR SALE: Profitable, Family-Owned Dry Cleaners | Asking Price: $425,000 | $275K Down, $150K Financed Over 4 Years at 8% A rare opportunity to own a 38-year-old, family-owned dry...
$425,000
Cash Flow: $140,000
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
$395,000
Cash Flow: $175,000
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
Dry Cleaner & Laundry - Great $ return, runs itself
Steuben County, NY
This established and award-winning full-service dry cleaner and laundry service business has outlasted several competitors. They have a dedicated team who provide EXTREME customer service. Their...
$199,000
Cash Flow: $61,000
Successful, Long-Standing Dry Cleaners in Prime Westchester Location
Harrison, NY
$350,000
Charming Mom & Pop Dry Cleaner in High-Income Neighborhood For Sale
Nassau County, NY
$105,000
High profitable dry cleaner for sale at Nassau county
Nassau County, NY
$400,000
FranchiseFive Star Painting
Available Nationwide
$50,000
Very Profitable Wholesale Dry Cleaner for Sale
Flushing, NY
$495,000
Establishiec Dry Cleaner for Sale
Great Neck, NY
$395,000
Profitable Dry Cleaner On Busy Corner In Affluent Queens Neighborhood
Queens, NY
$395,000
Dry Cleaning Business for Sale in New York
Suffolk County, NY
$70,000
Thriving 20-Year Dry Cleaning Business
Suffolk County, NY
$150,000
Fred Petito, CM&AA, CEPA
Transworld Business Advisors
Serving New York County, NY
Transworld Business Advisors is the world leader in business sales, mergers and acquisitions, commercial real estate, and franchise sales in the main street and lower-to-middle markets. We are truly an entrepreneur's secret weapon to success! Transworld spends more money marketing businesses for sale than any other business brokerage franchise. Hands down. By successfully selling businesses since 1979, we have developed a robust and unmatched buyer and partner network that helps us complete deals quickly and at the highest level of professionalism. We specialize in finding the right buyers for good businesses. Our extensive network of business brokers and transaction coordinators worldwide boasts 250+ franchise offices and nearly 1000 team members. Because of our size, training, continued education, and communication, our network offers an unequaled distribution of exclusive business sale opportunities. Our team approach to Business Brokerage and Mergers and Acquisitions ensures that even the most complex and demanding transactions are executed with five-star proficiency. Whether we represent an acquisition-minded corporation or an adventurous entrepreneur, Transworld Business Advisors is the best option for successful business sales.
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Established 33-Year Family-Owned Dry Cleaner in Prime Location
New City, NY
$100,000
Huge Price Drop Dry cleaning In Brooklyn New York
Brooklyn, NY
$169,000
Dry Cleaners w/ Laundromat Services Business
Kings County, NY
$620,000
Dry Cleaners & Tailoring Business in New York
Suffolk County, NY
$185,000
Est. 38 Years - South Shore Dry Cleaners Grossing $220K Net $117K
Suffolk County, NY
$185,000
FranchiseBar-B-Clean
Available in New York
$100,000
Well Established Dry Cleaners, Tailor, Shoe Repair - Full Staff
Suffolk County, NY
$440,000
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
Thriving Dry Cleaning Business in Upscale Westchester Neighborhood
Ossining, NY
$275,000
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
FranchiseMr. Rooter
Available Nationwide
$100,000
Well managed and profitable Laundromat for Sale
Astoria, NY
$1,500,000
42 Year Established Dry Cleaner For Sale
Brooklyn, NY
$160,000
Established Laundromat with 20 Washers and 18 Dryers Jamaica, 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
FranchiseWise Coatings
Available in New York
$50,000
Thriving 50-Year-Old Dry Cleaners-Suffolk County
Suffolk County, NY
$120,000
Potential! Potential! Laundromat in Strip mall Dutchess County, NY
Poughkeepsie, NY
$180,000
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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